CH2exam - CH2 Corporate Citizenship: Social Responsibility,...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
CH2 Corporate Citizenship: Social Responsibility, Responsiveness, and Performance 1. Business power is: a. centered only at the individual firm level. b. most effectively used by groups of firms. c. the ability to influence or produce an effect in a given situation. d. the assurance that the firm's preferences will prevail in the marketplace. correct answer: c 2. The most practical reason for businesses to be socially responsible is: a. to increase financial returns to the business. b. to improve the image of corporations. c. to ward off government intervention. d. that it is easier than fighting society's demand for ethical business practices. correct answer: c 3. Core stakeholders are: a. vital to the organization and the particular set of threats and opportunities the firm faces. b. all stakeholders that are important to the firm's future. c. the same as primary social stakeholders. d. essential for the survival of the organization. correct answer: d 4. The stakeholder view of the firm includes only: a. suppliers and customers. b. suppliers, customers, employees, and owners. c. stockholders. d. all individuals and groups who are affected by, or can affect the company. correct answer: d 5. In order to understand corporate governance, it is important to understand the idea of: a. social responsibility. b. legitimacy. c. stakeholders. d. auditors. correct answer: b 1/6
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
CH2 Corporate Citizenship: Social Responsibility, Responsiveness, and Performance 6. Strategic management is: a. a method of motivating employees. b. the same thing as public policy. c. the set of all management decision-making. d. the overall management process that relates a firm to its environment. correct answer: d 7. The issue development life cycle occurs in which of the following patterns? a. Leading political jurisdictions, media coverage, felt need, regulation/litigation. b. Regulation/litigation, felt need, media coverage, leading political jurisdictions.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/08/2010 for the course BUSINESS BUSS301 taught by Professor Wendy during the Spring '08 term at École Normale Supérieure.

Page1 / 6

CH2exam - CH2 Corporate Citizenship: Social Responsibility,...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online