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Exam 2: Orporate Citi7cnship: Social Responsibility Ferformancc, Sustolinability

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Question 31

Multiple Choice

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

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

E) C) and D)
F) A) and D)

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Question 32

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Friedman never proposed that businesses had any obligation to act ethically.

A) True
B) False

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Question 33

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Which of the following is not one of the responsibilities in Carroll's four-part defrnition of corporate social responsibility?

Distinguish between the concepts of corporate social responsibility,corporate social responsiveness,corporate social performance,and corporate citizenship.How are these ideas different from each other? How are they similar?

Which of the following is not a characteristic of a socially responsible company?

Explain why Business for Social Responsibility (BSR)was formed.

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

Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

In the 1890s,the Robber Barons began to use their personal wealth and the wealth accumulated by their corporations to enhance the social good.Their philanthropic activities were encouraged,in part,because public opinion was demanding that the government do something to limit their power.Is this type of activity still occurring in the United States? Why or why not?

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

Benefits to companies of good corporate citizenship include all of the following except

The view of corporate citizenship that embraces all that is implied in the concepts of social responsibility,responsiveness,and performance is the view.

The CSR Pyramid is a stakeholder model--that is,each of its components addresses different stakeholders.

Discuss the methods used by Fortune magazine to determine how fmns are ranked as to Social Responsibility.Do you think the ranking is fair? Why or why not?

One of the arguments that opponents of corporate social responsibility use is that business already has enough power,so society should not grant it more power by relying on it to alleviate social problems.Evaluate this argument.

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.

Describe socially responsible investing.

Corporate social responsibility emphasizes

All of the following are arguments commonly made against corporate social responsibility except

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