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Business and Society Question 41 One of the big dilemmas facing...

Business and Society


Question 41


One of the big dilemmas facing international corporations is:

Select one:


a. Local laws contradict basic rights

b. International trade tariffs are too costly

c. International trade agreements are too ambiguous

d. None of the above



Question 42


The International Non- Governmental Organizations Accountability Charter was developed for what purpose ?

Select one:


a. To change the social contract

b. To identify the roles and expectations of corporations

c. To hold businesses more accountable for socially responsible practices

d. All of the above


Question 43


What are the three primary elements of the "triple bottom line?"

Select one:


a. Profit, people, and planet

b. Sustainability, economics, and human resources

c. Profits, principles, and people

d. None of the above


Question 44


Most CEOs report that investors need to become more engaged in creating solutions to sustainability issues.

Select one:


True

False


Question 45


A company with "high responsiveness" as it pertains to CSR is one that:

Select one:


a. Anticipates and prevents problems

b. Searches for socially responsible acts

c. Takes public stands on issues

d. All of the above



Question 46


American corporate law is based on the premise that:

Select one:


a. Companies can do whatever they desire to produce income for their shareholders

b. Companies must be held accountable for behaviors that violate the Universal Declaration of Human Rights

c. Companies must "give back" to the communities that they do business in

d. None of the above


Question 47


A social contract takes into consideration and adheres to the laws and regulations that govern business practices.

Select one:


True

False


Question 48


In a Social Business Enterprise (SBE), profit-making is perfectly legitimate. The only condition is that investors will not receive any dividends, or will receive only token dividends.

Select one:


True

False


Question 49


Social entrepreneurs wish to call for the abolition of capitalism altogether; as they suggest an entirely different business model to run markets.

Select one:


True

False


Question 50


Ninety-six percent of CEOs reported that they believe that sustainability should be:

Select one:


a. Fully regulated by the government of the country in which it originates

b. Fully integrated into the strategy and operations of a company

c. A topic that is taught in all business schools

d. Focused primarily on global warming


Question 51


A Social Business Enterprise is one that:

Select one:


a. Makes an annual 10% of profits donation to a social cause

b. Organizes social events to raise awareness of important social causes

c. Makes money while or by helping others from a disadvantaged population

d. None of the above


Question 52


Which of the following is true about ethics programs?

Select one:


a. They support employee growth and meaning

b. They insure that policies are legal

c. They promote a strong public image

d. All of the above


Question 53


The OECD (Organisation for Economic Cooperation and Development) has drawn up guidelines for multinational enterprises, which were developed by:

Select one:


a. A cooperative forum through corporate representatives from the US, UK and China.

b. The United Nations Global Compact group

c. A partnership of 37 governments

d. None of the above


Question 54


The United Nation's Global Compact acts as:

Select one:


a. A "watchdog" organization that regulates the actions of corporations to ensure that they are following ethical guidelines

b. A guide for establishing core values and ethical behavior for companies

c. A prosecuting organization that holds corporations accountable for behavior that violates the established core values for ethical business behavior

d. A "performance tool" for measuring a company's ethics through their business conduct


Question 55


Some positive benefits of managing diversity include:

Select one:


a. Diversity enhances customer relations and increases market share.

b. Diversity enhances employee relations and reduces the cost of labour.

c. Diversity improves workforce quality and performance in terms of diverse skills, creativity, problem-solving and flexibility.

d. All of the above.

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