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26. Stakeholder partnerships, high-tech communication networks, and sustainability audits examples

Question : 26. Stakeholder partnerships, high-tech communication networks, and sustainability audits examples : 1800947

26. Stakeholder partnerships, high-tech communication networks, and sustainability audits are examples of:

A. Corporate social stewardship.

B. Corporate social responsiveness.

C. Corporate/Business Ethics.

D. Corporate/Global Citizenship.

27. Which of the following is not a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility?

A. Religious/ethnic beliefs.

B. Social unrest/protest.

C. Stakeholder pressures.

D. Public policy/government regulations.

28. All of the following are examples of the phases of Corporate Social Responsibility except:

A. Corporate/Global Citizenship.

B. Corporate Charity Principle.

C. Corporate Social Stewardship.

D. Corporate/Business Ethics.

29. Which of the following examples does not show a company guided by enlightened self-interest?

A. A company providing the best quality product at a fair price.

B. A company providing assistance to employees who attend evening college.

C. A company breaking past records by maximizing quarterly profits.

D. A company vice-president invited to attend a local community’s town planning meeting.

30. Reason(s) for adopting an enlightened self-interest approach is (are):

A. Reasonable short-run costs are incurred, but socially responsible activities are promoted.

B. The public’s attitude toward the company is positive in the long run.

C. The stockholders’ pressures for short-run profits are satisfied.

D. All of the above.

31.  Scholars have found:

A. No relationship between social and financial performance.

B. A negative relationship between social and financial performance.

C. An inverse relationship between social and financial performance.

D. A positive association between social and financial performance.

32. When undertaking social initiatives, a company:

A. Must take out social responsibility insurance.

B. Will always receive long-term profits.

C. May sacrifice short-term profits.

D. Risks going bankrupt in nearly all cases.

33.  A company who complies with the laws and regulations set by the government is:

A. Meeting the minimum level of social responsibility expected by the public.

B. Meeting the maximum level of social responsibility expected by the public.

C. Not meeting government expectation.

D. Following a practice of enlightened self-interest.

34. Which of the following is an argument in favor of corporate social responsibility?

A. Lowers economic efficiency and profit.

B. Discourages government regulation.

C. Places responsibility on business rather than individuals.

D. Imposes unequal costs among competitors.

35. According to Barlow v. A.P. Smith Manufacturing:

A. The laws prohibited charitable contributions, at that time.

B. Charitable contributions were bad corporate investments for the short term.

C. Socially responsible actions must be approved by a majority of the firm’s stakeholders.

D. Socially responsible actions are in investment in the future, thus an allowable expense.

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