Global Bus CH 16 – Flashcards
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The major reason that health and welfare is one of the largest categories of business giving is the huge amount donated to programs for needy children.
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FALSE
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Corporate philanthropy involves primarily the giving of financial resources, and managerial time and talent.
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TRUE
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A company may create a positive impact in the community by giving time and talents of its managers.
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TRUE
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Business support for the arts has been increasing.
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FALSE
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Outsourcing today affects both blue collar and white collar jobs.
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TRUE
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The business community now encompasses the entire world.
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TRUE
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The company's overriding concern after making the decision to close a plant should be for the firm to move as quickly as possible.
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FALSE
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In practice, it is relatively simple to determine the motives behind business giving.
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FALSE
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Business involvement in the community represents enlightened self-interest.
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FALSE
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Reports indicate the international development will see increased funding even in recessions.
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TRUE
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Employees might consider their roles in plant closings A. to be to fight for their jobs. B. an extension of numerous employee rights issues. C. an opportunity to find better employment. D. a chance to form an employee-owned business.
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B. an extension of numerous employee rights issues.
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The most important issue in corporate community involvement is A. crimes or public safety. B. K-12 education. C. housing. D. health and wellness.
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B. K-12 education.
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The "third sector" is composed of A. schools. B. non-profit organizations. C. churches. D. households.
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B. non-profit organizations.
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Community involvement focuses on the contribution of A. employee time and talent. B. financial resources. C. gifts in kind. D. used equipment.
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A. employee time and talent.
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After the decision to close a plant has been made, actions that management should take may include all of the following except A. provide advance notice to employees and the community. B. phase out the business gradually. C. announce the decision in the press before telling employees and community leaders. D. help the community attract replacement industry.
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C. announce the decision in the press before telling employees and community leaders.
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One way in which philanthropy can be made strategic is to A. consult with a tax professional to get the maximum deductions. B. bring contribution programs into sharper alignment with business endeavors. C. distribute contributions as widely as possible. D. eliminate contributions to inefficient non-profit organizations.
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B. bring contribution programs into sharper alignment with business endeavors.
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Which of the following is not a guideline for developing a community involvement strategy? A. Employees should be involved. B. Involvement should be in areas that the company knows best. C. The company should get involved in projects that will help it make more profit. D. The best kind of support is that which helps others help themselves.
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C. The company should get involved in projects that will help it make more profit.
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The second step in managing the performance of a community action program is A. knowing the community. B. knowing the company's resources. C. selecting the resources to use. D. monitor the projects.
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B. knowing the company's resources.
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The Worker Adjustment and Retraining Notification Act (WARN) requires firms employing 100 or more workers to notify workers of a large layoff or shutdown at least ____ in advance. A. six months B. sixty days C. one year D. one month
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B. sixty days
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An approach by which corporate giving is designed in a way that best fits with the firm's overall mission and goals is called A. strategic philanthropy. B. mission-driven giving. C. goal-directed philanthropy. D. directed giving.
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A. strategic philanthropy.
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Guidelines for developing a community involvement strategy include all of the following steps except A. Stick with projects that employees are more likely to want to get involved. B. they should meet the same standards of cost-effectiveness as other parts of the business. C. the corporation should capitalize on its talents and resources. D. decisions about which projects to undertake should take place at the highest levels of management.
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D. decisions about which projects to undertake should take place at the highest levels of management.
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According to the CECP, motivations for giving include all the following except A. charitable. B. commercial. C. community investment. D. competitiveness.
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D. competitiveness.
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Which of the following is not a reason that some people want more transparency in corporate philanthropy? A. recent accounting scandals B. to close tax loopholes C. concern that some donations go to terrorist organizations D. concern that some donations are made to get around campaign finance laws
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B. to close tax loopholes
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Which of the following is not a category of corporate contributions programs? A. community giving for which there is little or no expected benefit for the business. B. gifts that support long-term strategic business goals while also meeting a critical community need. C. giving that benefits the business wherein the benefit is its primary motivation. D. firms whose donations usually go to children's programs
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D. firms whose donations usually go to children's programs
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Employee ownership of a business whose former owners were considering shutting it down A. almost always results in bankruptcy. B. assures worker/owners continued employment. C. in most cases, results in employees having to take significant wage and benefit reductions to make the business profitable. D. forces workers to think like owners.
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C. in most cases, results in employees having to take significant wage and benefit reductions to make the business profitable.
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Which of the following is not a standard of excellence by which corporate community involvement should be judged? A. crisis management B. accountability C. infrastructure D. measurement
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A. crisis management
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The primary reason given for support of higher education programs is A. the value of a liberal arts education. B. civic duty. C. to increase the pool of trained personnel. D. to have an educated voter pool.
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C. to increase the pool of trained personnel.
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Benefits of employee volunteerism include all the following except A. builds brand awareness and affinity. B. creates quantifiable social impact. C. encourages teamwork. D. promotes leadership and skill development.
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B. creates quantifiable social impact.
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Outplacement services seek to A. minimize the severance costs to workers. B. place displace workers in other jobs within the same company. C. provide employee benefits to displaced workers for at least one year. D. minimize cost and disruption to the company and maximize benefits to the displaced workers.
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D. minimize cost and disruption to the company and maximize benefits to the displaced workers.
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Educational recipients of giving include each of the following except A. Student matching gifts B. Capital grants including endowments C. Departmental research grants D. Scholarships and fellowships
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A. Student matching gifts
