question

Which of the following statements is(are) correct about stakeholders power?

answer

All of the above

question

Which of the following examples best illustrate the boundary exchanges a company would encounter according to the general systems theory?

answer

All of the above

question

What stakeholder group can exercise legal power?

answer

All of the above

question

A stakeholder analysis

answer

Involves understanding the nature of stakeholder interests.

question

Customers can exercise economic stakeholder power by:

answer

Boycotting products if they believe the goods are too expensive.

question

The four types of stakeholders power recognized by most experts are:

answer

Voting, economic, political, and legal power

question

Stakeholder groups can include:

answer

All of the above

question

A stakeholder map is a useful tool because:

answer

Both A&B but not C

question

Which of the following is not considered to be a non market stakeholder?

answer

The natural environment

question

When a community group sues a company for health effects caused by unsafe toxic chemical disposal, it is an exercise of a stakeholders?

answer

Legal Power

question

Market stakeholders include nongovernmental organizations and the media

answer

False

question

Businesses and society are independent of one another

answer

False

question

The stakeholder theory of the firm argues that a firm's sole purpose is to create value for its stakeholders.

answer

False

question

A stakeholder map is a useful tool, because it enables managers to see quickly how stakeholders feel about an issue and whether salient stakeholder tend to be in favor or opposed.

answer

True

question

General Motors has been called a "template for 21st century capitalism"

answer

False

question

Once an issue has been identified, its implications must be

answer

Analyzed

question

An effective way to learn what issues are important to people outside of the organization is through:

answer

Building ongoing, positive relationships with stakeholders

question

According to management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus on:

answer

eight strategic radar screens

question

Corporations working collaboratively with other businesses and concerned persons and organizations is an example of:

answer

Stakeholder networks

question

The "graying" of the population is an example of:

answer

Customer environment

question

Overtime, the nature of business's relationship with its stakeholders often:

answer

Evolves through a series of stages

question

Firms that believe they can make decisions unilaterally, without taking into consideration their impact on other are:

answer

Inactive companies

question

The components of a typical issues management process include:

answer

All of the above

question

Once an organization has implemented the issue management program, it must:

answer

Study the results and make necessary adjustments

question

Environmental intelligence is the acquisition of information gained from analyzing the multiple environments affecting organizations.

answer

True

question

Financially sound companies do not need to understand how a public issue is likely to evolve, and how it will affect

answer

False

question

A public issue exists when there is agreement between the stakeholders expectations of what an institution should do, and the actual performance of those businesses

answer

False

question

Emerging public issues are a risk and an oppurtunity

answer

True

question

According to management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus on four strategic radar screens.

answer

False

question

Positive reputation can be valued as an intangible corporate:

answer

Asset

question

HP Brazil, a subsidiary of Hewlett-Packard, developed the Digital garage project to:

answer

Empower less privileged Brazilian youth to participate in the growing technological society.

question

Proponents against social responsibility feel that public officials, not business people, should solve societal problems because:

answer

Both A and B

question

The costs of corporate social responsibility may ultimately be passed on the:

answer

consumer through high prices

question

Modern corporations should be socially responsible because they:

answer

Create jobs, influencing the lives of employees.

question

When undertaking social initiatives, company:

answer

May sacrifice short term profits

question

Which of the following companies is being the most socially responsible?

answer

A company trying its best to operate in a way which will help local student get education and jobs

question

The idea that the wealthiest members of society should be charitable toward those less fortunate is the:

answer

charity principal

question

which of the following is an argument in favor of corporate social responsibility

answer

discourages government regulation

question

social responsibility reflects:

answer

cultural values and traditions, taking different forms in different societies

question

Only G-8 nations are affected by corporate operations, and as a result, social responsibility has not yet become a worldwide expectation

answer

false

question

the concept of corporate responsibility is rooted in the meaning " to pledge back" creating a commitment to give back to society and the organizations stakeholders

answer

True

question

Being socially responsible means that a company must abandon its other missions

answer

False

question

Corporate social responsibility is the idea that businesses interact with the organizations stakeholders for social good while they pursue economic goals

answer

True

question

Enlightened self interest is the idea that the wealthiest members of society should be charitable toward those less fortunate.

answer

False

question

mature adults typically base their ethical reasoning on broad principles and relationships such as:

answer

Both A, B not C

question

Scholars found that spirtuality

answer

A and B

question

The reasons behind the uncertainty of an ethical or unethical decision is that different people and groups

answer

all of the above

question

A conception of right and wrong is

answer

the definition of ethics

question

Peoples ethical beliefs come from

answer

their religious background , family, and education

question

People everywhere depend on ethical systems to tell them whether their actions are

answer

right or wrong

question

under the US Corporate Sentencing Guidelines , if a firm has developed a strong ethics program, corporate executive found guilty of criminal activity may have their sentecnce

answer

reduced

question

according to the utilitarian reasoning, if the benefits outweighs the cost, then the action is ethical because it produces

answer

the greatest good for the greatest number of people

question

as an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of

answer

chaplains

question

businesses are expected to be ethical in their relationships with

answer

all of the above

question

ethics are primarily based on religious beliefs

answer

False

question

Business cannot expect to be profitable while adhering to the ethical principals of conduct

answer

False

question

Only in the last decade have scholars found a positive relationship between organizations economic performance and attention to spiritual values

answer

False

question

Being ethical includes developing a sense of trust, which promotes positive alliances among business partners.

answer

True

question

Ethical ideas are present in all societies, all organizations, and all individual persons.

answer

True

question

Which of the following statements is true

answer

In Japan, most codes were found to be a mixture of legal compliance and statements of mission

question

Which of the following is a typical practice in ethics audit procedure?

answer

All of the above

question

Business managers need a set of ethical guidelines to help them

answer

identify and analyze the nature of the ethical problem

question

the interactive digital software association case exemplifies:

answer

All of the above

question

Motorola and Reebok are examples of:

answer

both B C not A

question

Which of the following is not a typical use of an ethics reporting mechanism?

answer

To give employees an opportunity to discuss the appropriate rating on their annual performance review without managements influence.

question

Which ethical criterion is described by the idea that a company should strive for efficiency?

answer

Egoism

question

Building ethical safeguards into a company's everyday routines is called

answer

institutionalizing ethics

question

which ethics policies are most popular amongst European and Canadian companies?

answer

statement of the company's values and missions

question

The unspoken understanding among employees of what is and is not acceptable behavior is called

answer

ethical climate

question

any business that wished to do so can improve the quility of its ethical performace

answer

true

question

the majority of large us corporations do not have codes of ethics

answer

false

question

in most companies a moral atmosphere cannot be detected

answer

false

question

illegal acts committed by employees, such as fraud and insider trading , are called blue collar crimes

answer

false

question

following laws can always define proper action

answer

false

question

which is an example of a social and political reform that has led to the acceleration of globalization?

answer

The collapse of the former communist states of central and eastern europe

question

an example of an international financial and trade institution is

answer

all of the above

question

Global market channels involve a firm producing goods in

answer

their home country and exporting them to other countries

question

the most important agreement which codifies human rights is the

answer

the universal declaration of human rights

question

the richest 1 percent of people in the world receive as much income annually as

answer

the poorest 57 percent

question

in 2006 the leading non financial transnational corporation, with foreign assets totaling 443 million was

answer

General Electric

question

an individual who is a supporter of globalization would argue that it helps the developing world by

answer

all of the above

question

the load policies of the world bank

answer

impost strict restrictions on debtor countries which can sometimes lead to hardship

question

the purpose of the world trad organization is to

answer

eliminate barriers to free trade among nations

question

a critics of globalization might argue that companies decide to manufacture in China mainly because of chinas

answer

weak health and safety regulations

question

under the world trade organizations most favored nation rule, member countries may not discriminate against foreign products for any reason

answer

True

question

the term sector refers to broad divisions of a whole

answer

True

question

Critics of globalization support the spread of American ideals and culture throughout the rest of the world

answer

False

question

Most nations in the world share similar political, social and economic beliefs

answer

False

question

Globalization is accepted worldwide and creates little controversay

answer

False

question

Developing products and services that meet the needs of the worlds poorest citizens is sometimes called

answer

selling to the bottom of the pyramid

question

shareholder activism is

answer

more pronounced in the US

question

the executive body of the European Union is called the

answer

European Commission

question

Overall corporate citizenship initiatives are

answer

more advanced in northern that in southern europe

question

in 2001, the french Parliament passed the "new economic regulations" law which requires a social performance audit focusing on its impact on

answer

the community

question

Which of the following organizations have developed standards to judge corporate performance?

answer

International organization for standards

question

Argentina and Mexico are at what level of citizenship activity?

answer

Catching up

question

The foundation that is engaged in inspiring senior management, involving all business lines in the organization, and having an impact by way of results is called

answer

Fundacion Empresa y Sociedad

question

Which of the following is not a motivation for adopting a balanced score card approach?

answer

Technological considerations

question

Companies see the need to build more coherent initiative as they move into the

answer

integrated stage

question

Global corporate citizenship refers to putting an organizations commitment to social and environmental responsibility into practice locally.

answer

False

question

A tangible asset is something that cannot be seen or counted, but nonetheless has value.

answer

False

question

Corporate citizenship invovles transforming a concern for financial perforamances into a vision of corporate financial and social perforamance

answer

True

question

Triple bottom line reporting requires that a firm report financial data

answer

True

question

If a company acknowledges the need to build more coherent initiatives , it is in the innovative state of becoming a corporate citizen

answer

False

question

Cooperation between business and government often occurs when

answer

they encounter a common problem or enemy

question

Reregulation is

answer

the increase or expansion of government regulation

question

managers understanding of government regulation is

answer

both a domestic and international issue

question

the mullah in Iran is an example of the power of government derived from

answer

a religious authority

question

Deregulation has occurred in the following industries

answer

commercial airlines, railroads, and financial institutions

question

In 2009 the international monetary fund and the world bank projected that the global economy crisis would lead to losses

answer

of more than 4 trillion in the value of stock and other assets

question

policies that affect the supply, demand, and value of a nations currencies are

answer

monetary polices

question

public policy tools involve a combination of

answer

incentives and penalities

question

public policy is the basic set of goals , plans and actions undertaken by

answer

a governemnt

question

regulation can be argued as justified based on

answer

utilitarian and justice grounds

question

cost benefit analysis is often used to determine the costs of regulations

answer

true

question

regulation cannot be applied to international business bhavior

answer

false

question

a cooperative government business relationship on one issue does not guarantee cooperation on another issue

answer

true

question

economic regulations aim at modifying the normal operations of the free market and the forces of supply and demand

answer

True

question

Monetary policies refer to policies that affect the supply, demand and value of the nations currencies

answer

True

question

Expert witness testimony is often provided

answer

in congressional hearings

question

two or more participants joining together to act in concert in the political process is called

answer

an ad hoc coalition

question

a corporate political strategy does not

answer

determine the legal limits allowed for campaign financing

question

in a 2009 harris pool how many people believed that political action committees were seen as too powerful

answer

85 percent

question

campaign finance reform was sought in the US to

answer

reduce the corrupting influence of money in the political process

question

in 2008 a google and yahoo advertising partnership that would allow google to sell ads alongside some search results in yahoo prompted:

answer

protests by consumer groups, advertising associations and some firms.

question

companies have been permitted to contribute to political action committees since

answer

the mid 1970s

question

a common tactic in a financial incentive political strategy is

answer

political contributions

question

in december 2003 a federal court ruled that the campaign finance reforms ban on soft money

answer

restricted a large source of government corruption

question

the greatest number of political action committees is represented by

answer

business

question

loaning office personnel is a financial incentive political stratgey tool

answer

True

question

most scholars agree that business must participate in politics

answer

True

question

The most effective type of lobbying involves targeting only federal officals

answer

False

question

Advocacy advertising focuses not on a company's views on controversial political issues, but rather on a particular product or service

answer

false

question

The emergence of public issues often encourages companies to monitor public concerns , respond to government proposals , and participate in the political process

answer

True

question

Depletion of the ozone layer, destruction of the rain forest, and species extictions all have an impact on

answer

all of society

question

the study of how living things interact with one another in a unified natural system is called

answer

Ecology

question

a thing layer of gas that protects the earth from excessive ultraviolet radiation from the sun is

answer

ozone

question

which of the following statement is not true about effienciency

answer

prices for eco efficient products reflect highly inflated costs of environmental resources

question

the most successful global businesses in coming years will be those companies that

answer

recognize the imperative for sustainable development as an opportunity both for competitive advantage and ethical action

question

the core ideas of sustainable development is

answer

both a and b not c

question

which of the following statements is not true about arable land

answer

it is a nonrenewable resource

question

a new imperative for governments businesses and society is to

answer

preserve the global commons and assure its continued use

question

with respect to fresh water, according to one estimate, if it were possible to eliminate pollution, capture all available fresh water, and distribute fresh water equitably

answer

demand would exceed supply within a hundred years

question

sustainable development

answer

balances economic and environmental considerations

question

the words natural resource base-the air, water, soil,minerals, and so forth is essentially finite, or bounded

answer

true

question

sustainable development will require technology cooperation through long term partnerships between companies in developed and developing countries to transfer environmental technologies

answer

true

question

biodiversity refers to the number and variety of species that have become extinct

answer

false

question

the worlds income is distributed equally among nations

answer

false

question

sustainable development is an appealing idea but also a very controversial one

answer

true

question

sustainable development is an appealing idea but also a very controversial one

answer

true

question

sustainable development is an appealing idea but also a very controversial one

answer

true

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