Question 1

The economic model of corporate social responsibility holds that businesses should integrate social goals and economic goals.

Accepted Answer

A) True 
 B)False

Question 2

According to the economic model of corporate social responsibility, the sole duty of a business is to:

Accepted Answer

A) go beyond legal responsibilities to cater to the needs of the society. 
B) fulfill the economic functions that it was designed to serve. 
C) think beyond economic ends that have to be met to help the society. 
D) analyze the defects in society and design products to overcome these defects.

Question 3

Can non-profit organizations be categorized under the integrative model of corporate social responsibility? Elaborate.

Accepted Answer

The answer of Can non-profit organizations be categorized under the...

Question 4

What are the implications of sustainability in the integrative model of CSR?

Accepted Answer

The answer of What are the implications of sustainability in...

Question 5

The philanthropic model in which business support for a social cause is done simply because it is the right thing to do differs from the reputational version of the philanthropic model only in terms of the underlying ____.

Accepted Answer

The answer of The philanthropic model in which business support...

Question 6

According to philosopher Norman Bowie, _____ is the "moral minimum" that is expected of every person.

Accepted Answer

The answer of According to philosopher Norman Bowie, _____ is...

Question 7

According to philosopher Norman Bowie, managers have a responsibility to maximize profits as long as they:

Accepted Answer

A) respect human rights and cause no harm. 
B) contribute to charitable organizations. 
C) are confident and do charitable work. 
D) adhere to rules and regulations.

Question 8

"People have a strong ethical duty to cause no harm, and only a prima facie duty to prevent harm or to do good." Discuss Norman Bowie's view on this statement.

Accepted Answer

The answer of "People have a strong ethical duty to...

Question 9

Which of the following versions of corporate social responsibility suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment?

Accepted Answer

A) Social web 
B) Philanthropic 
C) Social entrepreneurship 
D) Sustainability

Question 10

Sustainability holds that:

Accepted Answer

A) a firm's financial goals must be balanced against environmental considerations. 
B) a firm must place social considerations below tasks beneficial to its growth. 
C) a firm must not prioritize social goals at the expense of economic growth. 
D) a firm's sustenance is affected by overemphasis on environmental considerations.

Question 11

Volunteering and charitable work are examples of the most demanding responsibility.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following ethical requirements is the type of responsibility established by the precedents of tort law?

Accepted Answer

A) Duty to not cause avoidable harm to the society 
B) Duty to find employment for employees injured at work 
C) Duty to engage in charitable work 
D) Duty to volunteer for causes related to the environment

Question 13

Which of the following is an example of a firm that is failing its fundamental social responsibility?

Accepted Answer

A) A firm that has its loss margins exceeding its profit margins 
B) A firm that uses resources at unsustainable rates 
C) A firm that is financially unstable 
D) A firm that prioritizes environmental sustainability

Question 14

An individual who argues that firms should be managed for the sole benefit of stockholders is defending the:

Accepted Answer

A) philanthropic model of CSR. 
B) social web model of CSR. 
C) integrative model of CSR. 
D) economic model of CSR.

Question 15

Which of the following statements is true about the philanthropic model of corporate social responsibility?

Accepted Answer

A) This model holds that business has no strict obligation to contribute to social causes, but it can be a good thing when they do so. 
B) This model views business as a citizen of the society in which it operates and, like all members of a society, business must conform to the normal ethical duties and obligations. 
C) This model begins with the recognition that every business decision affects a wide variety of people, benefiting some and imposing costs on others. 
D) This model holds that a firm's financial goals must be balanced against, and perhaps even overridden by, environmental considerations.

Question 16

According to the economic model of corporate social responsibility, the pursuit of profit will continuously work toward the optimal satisfaction of consumer demand which, in one interpretation of ____ is equivalent to maximizing the overall good.

Accepted Answer

A) deontological ethics 
B) classicism 
C) virtue ethics 
D) utilitarianism

Question 17

The social web model views business as a citizen of the society and, like all members of a society, business must conform to the normal ethical duties and obligations that we all face.

Accepted Answer

A) True 
 B)False

Question 18

According to Norman Bowie, the "moral minimum" that we expect of every person-either acting as individuals or within corporate institutions-is:

Accepted Answer

A) basic spirituality. 
B) respect for human rights. 
C) contribution to charity. 
D) accountability.

Question 19

Corporate social responsibility refers to:

Accepted Answer

A) those things that businesses ought, or should, do, even if they would rather not. 
B) those measures that are taken against the ill treatment of subordinates in a firm. 
C) the avoidance of misconduct within an organization. 
D) the responsibility that society has to ensure a business's success.

Question 20

Which of the following is true of philanthropy in accordance with the economic model of corporate social responsibility?

Accepted Answer

A) Philanthropy done for reputational reasons is not fully ethical. 
B) Philanthropy done for solely financial benefits is not truly an act of social responsibility. 
C) Philanthropy done for financial reasons is ethically responsible. 
D) Philanthropy is considered as a social contribution rather than an investment.

Exam 5: Corporate Social Responsibility

The economic model of corporate social responsibility holds that businesses should integrate social goals and economic goals.

According to the economic model of corporate social responsibility, the sole duty of a business is to:

Can non-profit organizations be categorized under the integrative model of corporate social responsibility? Elaborate.

What are the implications of sustainability in the integrative model of CSR?

The philanthropic model in which business support for a social cause is done simply because it is the right thing to do differs from the reputational version of the philanthropic model only in terms of the underlying ____.

According to philosopher Norman Bowie, _____ is the "moral minimum" that is expected of every person.

According to philosopher Norman Bowie, managers have a responsibility to maximize profits as long as they:

"People have a strong ethical duty to cause no harm, and only a prima facie duty to prevent harm or to do good." Discuss Norman Bowie's view on this statement.

Which of the following versions of corporate social responsibility suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment?

Sustainability holds that:

Volunteering and charitable work are examples of the most demanding responsibility.

Which of the following ethical requirements is the type of responsibility established by the precedents of tort law?

Which of the following is an example of a firm that is failing its fundamental social responsibility?

An individual who argues that firms should be managed for the sole benefit of stockholders is defending the:

Which of the following statements is true about the philanthropic model of corporate social responsibility?

According to the economic model of corporate social responsibility, the pursuit of profit will continuously work toward the optimal satisfaction of consumer demand which, in one interpretation of ____ is equivalent to maximizing the overall good.

The social web model views business as a citizen of the society and, like all members of a society, business must conform to the normal ethical duties and obligations that we all face.

According to Norman Bowie, the "moral minimum" that we expect of every person-either acting as individuals or within corporate institutions-is:

Corporate social responsibility refers to:

Which of the following is true of philanthropy in accordance with the economic model of corporate social responsibility?