Question 1

Which is not true about CSR?
a. Some CSR policies may reduce the firm's value.
b. CSR policies may not pay off if common.
c. CSR that is embedded in people is easier to imitate.
d. Organization: a firm needs to tie together CSR activities.
e. It is difficult to prove a link between CSR and economic performance.

Accepted Answer

The answer of Which is not true about CSR?
a. Some...

Question 2

Free market advocates tend to do all of the following except:
a. Argue that "the social responsibility of business is to increase its profits, which leads to efficient capital and product markets."
b. Argue that all stakeholders have an equal right to bargain for a "fair deal."
c. Believe that the first and foremost stakeholder group is shareholders.
d. Argue that if firms attempt to attain social goals, managers will lose their focus on profit maximization.
e. Fear that firms will become like SOEs.

Accepted Answer

The answer of Free market advocates tend to do all...

Question 3

From an institutional perspective, proactive activities are indicative of all the following except:
a. Normative beliefs.
b. Cognitive beliefs.
c. The desire to do the right thing.
d. An absence of "window dressing."
e. A quest for better profits.

Accepted Answer

The answer of From an institutional perspective, proactive activities are...

Question 4

Secondary stakeholder groups are:
a. Constituents on whom the firm relies for its continuous survival and prosperity.
b. Those who do not influence or affect the corporation.
c. Not influenced or affected by the corporation.
d. Not engaged in transactions with the corporation and are not essential for its survival.
e. B through D above.

Accepted Answer

The answer of Secondary stakeholder groups are:
a. Constituents on whom...

Question 5

NGOs have the ability to:
a. Affect firms'practices.
b. Influence firms' management.
c. Impact legislation.
d. All of the above.
e. None of the above

Accepted Answer

The answer of NGOs have the ability to:
a. Affect firms'practices.
b....

Question 6

An example of a secondary stakeholder group is:
a. Social and environmental groups.
b. Suppliers.
c. Customers.
d. Governments.
e. Communities.

Accepted Answer

The answer of An example of a secondary stakeholder group...

Question 7

In regards to the link between CSR and economic performance:
a. There is no conclusive evidence of a direct, positive link between CSR and economic performance.
b. Some studies report a positive relationship.
c. Some studies find a negative relationship or no relationship.
d. It appears some firms are not cut out for a CSR-intensive strategy.
e. All of the above.

Accepted Answer

The answer of In regards to the link between CSR...

Question 8

Those who advocate CSR:
a. Conduct their debate within the constraints of capitalism.
b. Argue that a humane capitalism is an oxymoron and unattainable.
c. Argue that the concepts justice and fairness are simply matters of opinion.
d. Argue that the most important stakeholder is the stockholder.
e. None of the above.

Accepted Answer

The answer of Those who advocate CSR:
a. Conduct their debate...

Question 9

Reactive firms:
a. Actively participate in regional, national, and international policy discussions.
b. Often build alliances with stakeholder groups.
c. Engage in voluntary activities that go beyond what the regulations require.
d. React negatively to aspects of CSR that may increase costs.
e. All of the above.

Accepted Answer

The answer of Reactive firms:
a. Actively participate in regional, national,...

Question 10

There is agreement throughout society that:
a. Overseas expansion is good because it helps improve standards of living around the world.
b. Overseas expansion is bad because it causes loss of jobs in the home country.
c. Firms should stick strictly to business within a country and not seek to impose their views of human rights on other countries that have different views.
d. Firms have a responsibility to do whatever is necessary to assure that the human rights that are respected in the home country are implemented in host countries.
e. None of the above.

Accepted Answer

The answer of There is agreement throughout society that:
a. Overseas...

Question 11

An example of a primary stakeholder group is:
a. Media.
b. Social activists.
c. Environmental groups.
d. Employees.
e. Fair labor practice groups.

Accepted Answer

The answer of An example of a primary stakeholder group...

Question 12

Using the five forces model, which will likely result in a higher level of CSR?
a. A highly concentrated industry.
b. Existence of incumbents.
c. Socially and environmentally conscious suppliers with standardized products that have multiple substitutes.
d. No monitoring program for all supplier factories.
e. Substitutes that are superior to existing products and costs are reasonable.

Accepted Answer

The answer of Using the five forces model, which will...

Question 13

Those who feel that firms that expand into emerging economies are failing their CSR responsibilities are most likely to claim that it:
a. Potentially hurts corporate profits.
b. Reduces shareholder returns.
c. Fails to provide employment to host countries.
d. Reduces the standard of living in host countries.
e. Domestic employees and communities pay the price for the overseas expansion.

Accepted Answer

The answer of Those who feel that firms that expand...

Question 14

The instrumental view of CSR advocates who are skeptical of CSR compliance claims:
a. That firms may not necessarily be sincere.
b. That firms may be compelled to appear to be sensitive to CSR by impression management-in other words, "window dressing."
c. That many firms may chase fads by following what others are doing, while not having truly internalized the need for CSR.
d. That CSR activities simply represent a useful means to help make good profits. Firms are not necessarily becoming more "ethical."
e. All of the above

Accepted Answer

The answer of The instrumental view of CSR advocates who...

Question 15

In regard to the extent of CSR challenges, the following is true except:
a. All industries are equal in terms of their exposure to CSR challenges.
b. Energy- and materials-intensive industries such as chemicals) have been criticized.
c. Firms that are major outsourcers in foreign countries have been criticized.
d. Some firms have turned to NGO critics to have the NGOs certify their policies.
e. None of the above.

Accepted Answer

The answer of In regard to the extent of CSR...

Question 16

CSR tends to be the least concerned with improving:
a. Global sustainability.
b. Shareholder wealth maximization.
c. Rising levels of population.
d. Inequity.
e. High levels of poverty in some countries.

Accepted Answer

The answer of CSR tends to be the least concerned...

Question 17

Some CSR advocates who question motives of firms implementing CSR are pleased that:
a. Firms are embarking on some tangible CSR journey.
b. CSR's legitimacy is rising on the organizational agenda.
c. By adopting codes of conduct even if only for "window dressing" purposes), they create a set of criteria against which they can be judged.
d. All of the above.
e. None of the above.

Accepted Answer

The answer of Some CSR advocates who question motives of...

Question 18

Which of the following is an accommodative CSR strategy?
a. Neither for or against CSR.
b. Resist imposition of what seems unreasonable.
c. View CSR as worthwhile.
d. Actively participate in CSR policy discussion.
e. Voluntarily go beyond what the regulations require.

Accepted Answer

The answer of Which of the following is an accommodative...

Question 19

In regards to managers and CSR, the following is true except:
a. All sides of the CSR debate agree that they have a unique and central role.
b. All sides of the CSR debate agree as to how they should implement their role.
c. As a stakeholder group they are unique in terms of potential coordination.
d. They are positioned at the center of all the stakeholder relationships.
e. They make decisions on behalf of the firm that affect other stakeholders.

Accepted Answer

The answer of In regards to managers and CSR, the...

Question 20

The CSR debate centers on the question:
a. Why does the firm exist?
b. Why does private property exist?
c. What laws are needed to control the firm's behavior?
d. What can be done to prevent unreasonable profits?
e. All of the above.

Accepted Answer

The answer of The CSR debate centers on the question:
a....

Quiz 12: Strategizing With Corporate Social Responsibility

From an institutional perspective, proactive activities are indicative of all the following except: a. Normative beliefs. b. Cognitive beliefs. c. The desire to do the right thing. d. An absence of "window dressing." e. A quest for better profits.

NGOs have the ability to: a. Affect firms'practices. b. Influence firms' management. c. Impact legislation. d. All of the above. e. None of the above

An example of a secondary stakeholder group is: a. Social and environmental groups. b. Suppliers. c. Customers. d. Governments. e. Communities.

An example of a primary stakeholder group is: a. Media. b. Social activists. c. Environmental groups. d. Employees. e. Fair labor practice groups.

CSR tends to be the least concerned with improving: a. Global sustainability. b. Shareholder wealth maximization. c. Rising levels of population. d. Inequity. e. High levels of poverty in some countries.

Which of the following is an accommodative CSR strategy? a. Neither for or against CSR. b. Resist imposition of what seems unreasonable. c. View CSR as worthwhile. d. Actively participate in CSR policy discussion. e. Voluntarily go beyond what the regulations require.

The CSR debate centers on the question: a. Why does the firm exist? b. Why does private property exist? c. What laws are needed to control the firm's behavior? d. What can be done to prevent unreasonable profits? e. All of the above.