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71.Kowalski’s Markets expanded in 2002 by purchasing four existing stores. One of the stores was located in Minneapolis’s Camden neighborhood, a lower-class community unlike the store’s typical upscale customer demographic. Rather than sell the property, the owners decided they had a(n) ______ to provide a neighborhood grocery store to that community.

a.equitable responsibility

b.stakeholder responsibility

c.fiscal responsibility

d.organizational responsibility

e.social responsibility

72.In an article about BP Amoco, its CEO said that BP Amoco’s commitment to ___________ is all about trying to align its policies, values, and behavior with those of the societies in which it operates because ultimately, superior performance means being in touch.

a.social consensus

b.social munificence

c.social responsibility

d.shareholder responsibility

e.social proximity

73.In 2001, Indonesia had ramin wood listed as an endangered species. Thus, the exporting of this wood must be regulated by the government. (Ramin is used to make pool cues and picture frames.) In spite of attempts to control the sale of ramin wood, the wood is still being carried across Indonesia’s national borders and sold in Malaysia where government officials pretend the wood was legally acquired. The Malaysian government is ignoring its:

a.responsibility to provide equitable justice

b.stakeholder responsibility

c.fiscal responsibility

d.organizational responsibility

e.social responsibility

74.When a country is exporting new pharmaceuticals to developing countries, they have a much greater  _____ than when they are producing drugs for developed nations. In developing countries, limited systems exist for picking up drug side-effects; therefore, drug companies must be vigilant and create their own monitoring systems.

a.social consensus

b.social munificence

c.social responsibility

d.shareholder responsibility

e.social proximity

75.Bayer AG, Syndial SpA, Crompton Corp., DuPont Dow Elastomers, and Zeon Chemicals are all international manufacturers of rubber chemicals.  They have all been indicted as participants in a price-fixing scheme that drove up the costs of rubber chemicals used to make shoes, tires, and other products.  They could use the _____ model to justify their actions.

a.economic

b.stakeholder

c.shareholder

d.accounting

e.fiscal

76.The __________ model holds that the only social responsibility that businesses have is to maximize profits.

a.economic

b.stakeholder

c.shareholder

d.accounting

e.fiscal

77.According to Milton Friedman, which of the following is a position opposing the stakeholder model of corporate social responsibility?

a.Organizations can act effectively as moral agents for all company shareholders.

b.The time, money, and attention diverted to social causes undermine market efficiency.

c.It is socially responsible for companies to divert their efforts to social causes.

d.The marketplace will ultimately determine the importance of social causes.

e.All of these positions are in accordance with the beliefs of Milton Friedman.

78.In 2001, Indonesia had ramin wood listed as an endangered species. Thus, the exporting of the wood must be regulated by the government. (Ramin is used to make pool cues and picture frames.) In spite of attempts to control the sale of ramin wood, the wood is still being carried across Indonesia’s national borders and sold in Malaysia where government officials pretend the wood was legally acquired. Loggers of ramin wood and those that buy the wood illegally in Malaysia are examples of:

a.indirect investors

b.discretionary agents

c.organizational gatekeepers

d.shareholders

e.stakeholders

79.Many passengers are disturbed by the lack of basic safety guidelines for airplanes flying in and out of the airports in Brazil.  Airline passengers are _____ for those airline companies that fly into and out of Brazil.

a.primary stakeholders

b.secondary stakeholders

c.functional shareholders

d.conventional stakeholders

e.reactive shareholders

80.Which of the following is NOT an example of a stakeholder group that an organization must satisfy to assure long-term survival?

a.investors

b.customers

c.the media

d.employees

e.governments

 

 

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