MAN 4701:- FSU-Chapter 7 – Flashcards
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Global Corporate Citizenship refers to putting an organization's commitment to Social and Environmental responsibility into practice locally?
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False
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Global Audit Social Standards concentrate on:...?
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All the above
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An emerging trend in Corporate reporting is the integration of legally required financial information with Social and Environmental information into a single report?
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True
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Companies whose citizens profile best matches public expectations are least likely to benefit from strategic investments in corporate citizenship?
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False
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Asian Forum on Corporate Social Responsibility gives awards for excellence in....?
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All of the above
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Financial, Social and Environmental results are reported together in firm's..?
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Triple bottom line report
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BSR (formerly Business for Social Responsibility) helps its 300 members companies..?
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Develop sustainable business strategies.
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Once a company enters the innovative stage of corporate citizenship, it will:..?
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Begin reporting its efforts to stakeholders.
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Sanford Limited, a small fishing company in New Zealand, made the following commitment(s) in its first triple bottom line report released in 2007:..?
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To maximize positive Social outcomes and Economic growth and prosperity
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The major focus of "ISO 14001" is to ..?
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Support Environmental management standards.
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Corporate citizenship partnerships can exist between companies and stakeholders in other countries
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True
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Which of the following organizations have developed standards to judge corporate performance?
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International Organization for Standards
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Which of the following is NOT a motivation for publishing a Corporate Social Report?
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Avoiding Transparency
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According to The Economist , Corporate Citizenship is becoming increasingly important for the long-term health of companies?
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True
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The Universal Declaration of Human Rights states that each person...?
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Has the right to a standard living adequate for the health and well-being of himself and his family.
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Global Corporate Citizenship activities help companies create legitimacy, reputation, and competitive advantage?
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True
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The basis for Corporate Citizenship does not rely in the generosity of a firm's senior management or their awareness of their role as trustees of the public interests?
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True
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According to scholar Simon Zadek six benefits of social audits include all of the following except?
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Outperforming competitors financially in a business' industry.
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Triple bottom line disclosure is primarily driven by...?
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Noneconomic drivers
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According to Phillip H. Mirvis and Bradley K.Googins model, how many stages are there of global corporate citizenship?
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Five (5)
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Some companies have created a department of corporate citizenship to:
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Centralize under common leadership wide-ranging corporate citizenship functions.
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If a company acknowledges the need to build more coherent initiatives, it is in the innovative stage of becoming a corporate citizen.
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False
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A company earns its "license to operate" through filing its proper legal documents.
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False
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There remain regional differences in the corporate citizenship challenges facing businesses due to:
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Differences in attitudes, beliefs and culture.
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The Ronald McDonald House charity, operated by McDonald's has been criticized for:
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The company's contribution to the nation's obesity. or Paying employees low wages
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Triple bottom line reporting requires that a firm report financial data?
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True
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According to a survey conducted by The Economist in 2008, how many respondents say corporate citizenship can help increase their companies' profits?
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74%
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Global corporate citizenship is more than espoused values, it requires:
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Action
