This preview has intentionally blurred parts. Sign up to view the full document

View Full Document

Unformatted Document Excerpt

Chapter 07 - Global Corporate Citizenship Chapter 07 Global Corporate Citizenship True / False Questions 1. The basis for corporate citizenship does not rely on the generosity of a firm's senior management or their awareness of their role as trustees of the public's interests. True False 2. Global corporate citizenship refers to putting an organization's commitment to social and environmental responsibility into practice locally. True False 3. Corporate citizenship involves transforming a concern for financial performance into a vision of corporate financial and social performance. True False 4. Robert Civita, chairman and CEO of the Brazilian Abril Group, has defined global corporate citizenship as "socialism with a conscience." True False 5. A decade into the 21 st century, corporate citizenship has become complicated and mandatory. True False 6. A tangible asset is something that cannot be seen or counted, but nonetheless has value. True False 7. An intangible asset is something that can be seen and counted, such as buildings or money. True False 7-1 Chapter 07 - Global Corporate Citizenship 8. Companies whose citizenship profile best matches public expectations are least likely to benefit from strategic investments in corporate citizenship. True False 9. There is no single universally accepted method for designing a CSR management structure. True False 10. In the first stage of corporate citizenship, the elementary stage, managers are uninterested and uninvolved with social issues. True False 11. If a company acknowledges the need to build more coherent initiatives, it is in the innovative stage of becoming a corporate citizen. True False 12. Corporate citizenship partnerships can exist between companies and stakeholders in other countries. True False 13. Social performance audits look at what an organization does, not at the results of the actions. True False 14. When looking at social reporting by country, Japan and the United Kingdom top the list of percentage of firms reporting. True False 7-2 Chapter 07 - Global Corporate Citizenship 15. Triple bottom line reporting requires that a firm report financial data. True False Multiple Choice Questions 16. Novo Nordisk's "take action" project was a program designed to: A. Grant credit to underprivileged people in Mexico. B. Spread the benefits of technology. C. Promote exercise and healthy eating in schools. D. Promote environmental safety. 17. Developing products and services that meet the needs of the world's poorest citizens is sometimes called: A. Selling to the bottom of the pyramid. B. Selling to the top of the pyramid. C. Selling to the poverty premium.... View Full Document

End of Preview

Sign up now to access the rest of the document