Question 1

The Triple Bottom Line concept focuses on economic,social,and environmental performance,the key elements of

Accepted Answer

A) sustainability. 
B) growth. 
C) corporate social responsibility. 
D) corporate social responsiveness.

Question 2

The concept of business responsibility that has been the most popular in the United States for most of its history is based on

Accepted Answer

A) democracy. 
B) socialism. 
C) the classical economic model. 
D) the neoclassical economic model.

Question 3

The part of corporate social responsibility that focuses on business's voluntary activities which are not normally expected of a firm is

Accepted Answer

A) economic. 
B) legal. 
C) ethical. 
D) philanthropic.

Question 4

Research has indicated that improvements in corporate social performance are associated with improved financial results.

Accepted Answer

A) True 
 B)False

Question 5

The company town,in which a major employer builds homes and commercial buildings,and provides the goods and services needed by its employees,is an example of paternalistic social responsibility.

Accepted Answer

A) True 
 B)False

Question 6

Proponents of the concept of corporate social responsiveness believe that the focus of corporate social responsibility on accountability or obligation is not dynamic enough to describe business's willingness and activity to respond to social demands.

Accepted Answer

A) True 
 B)False

Question 7

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

Accepted Answer

The answer of Provide a short answer to each of...

Question 8

Arguments against corporate social responsibility tend to focus on the ethical category.

Accepted Answer

A) True 
 B)False

Question 9

Social responsible investing is a very new concept,originating in the early 1990s.

Accepted Answer

A) True 
 B)False

Question 10

Carroll's Corporate Social Performance Model helps managers understand that social responsibility is separate and distinct from financial performance.

Accepted Answer

A) True 
 B)False

Question 11

The relationship between corporate social performance and financial performance is viewed from three different perspectives.The perspective that views social responsibility as a "fair weather" concept

Accepted Answer

A) has been studied extensively. 
B) views social responsibility as driven by the firm's financial performance. 
C) is the most popular of the three perspectives. 
D) sees an interactive relationship among social performance,financial performance,and corporate reputation.

Question 12

The Civil Corporation identifies four ways in which business firms respond to social pressures.Which of the following is not one of those?

Accepted Answer

A) defensive approach 
B) cost-benefit approach 
C) strategic approach 
D) stakeholder approach

Question 13

The marketplace in the classical view of economics,while being a good allocator of goods and services,does not do a good job of ensuring that business always acts fairly and ethically.

Accepted Answer

A) True 
 B)False

Question 14

The part of corporate social responsibility that focuses on activities and practices that are expected by society,but not codified into law,is

Accepted Answer

A) economic. 
B) legal. 
C) ethical. 
D) philanthropic.

Question 15

The relationship between corporate social performance and financial performance is viewed from three different perspectives.The symbiotic view

Accepted Answer

A) states that financial performance determines social performance. 
B) high social performance leads to improved financial performance. 
C) states that there is an interactive relationship among social performance,financial performance,and corporate reputation. 
D) is synonymous with the contingency view of Husted.

Question 16

The socially responsible firm should strive to do all of the following EXCEPT

Accepted Answer

A) Make a profit 
B) Overt the law 
C) Be ethical 
D) Be a good corporate citizen

Question 17

The classical view of economics holds that a society can best determine its needs and wants through

Accepted Answer

A) a centrally planned economy. 
B) government owned factors of production. 
C) democracy. 
D) the marketplace.

Question 18

An argument for corporate social responsibility is that it helps business compete in the global economy.

Accepted Answer

A) True 
 B)False

Question 19

The Triple Bottom Line encompasses all of the following spheres of performance except

Accepted Answer

A) economic. 
B) social. 
C) environmental. 
D) philanthropic.

Question 20

Which of the following practices is not a modification of the classical economic model?

Accepted Answer

A) philanthropy 
B) community obligations 
C) owner control 
D) paternalism

Exam 2: Corporate Citizenship: Social Responsibility, Responsiveness, and Performance

The Triple Bottom Line concept focuses on economic,social,and environmental performance,the key elements of

The concept of business responsibility that has been the most popular in the United States for most of its history is based on

The part of corporate social responsibility that focuses on business's voluntary activities which are not normally expected of a firm is

Research has indicated that improvements in corporate social performance are associated with improved financial results.

The company town,in which a major employer builds homes and commercial buildings,and provides the goods and services needed by its employees,is an example of paternalistic social responsibility.

Proponents of the concept of corporate social responsiveness believe that the focus of corporate social responsibility on accountability or obligation is not dynamic enough to describe business's willingness and activity to respond to social demands.

Provide a short answer to each of these questions.Be sure to fully explain your answer. Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

Arguments against corporate social responsibility tend to focus on the ethical category.

Social responsible investing is a very new concept,originating in the early 1990s.

Carroll's Corporate Social Performance Model helps managers understand that social responsibility is separate and distinct from financial performance.

The relationship between corporate social performance and financial performance is viewed from three different perspectives.The perspective that views social responsibility as a "fair weather" concept

The Civil Corporation identifies four ways in which business firms respond to social pressures.Which of the following is not one of those?

The marketplace in the classical view of economics,while being a good allocator of goods and services,does not do a good job of ensuring that business always acts fairly and ethically.

The part of corporate social responsibility that focuses on activities and practices that are expected by society,but not codified into law,is

The relationship between corporate social performance and financial performance is viewed from three different perspectives.The symbiotic view

The socially responsible firm should strive to do all of the following EXCEPT

The classical view of economics holds that a society can best determine its needs and wants through

An argument for corporate social responsibility is that it helps business compete in the global economy.

The Triple Bottom Line encompasses all of the following spheres of performance except

Which of the following practices is not a modification of the classical economic model?