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MNGT 482 EXAM – Flashcards

Josephine Mack
8 July 2022
10 test answers

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question
Corporate power refers to:
answer
The capability of corporations to influence government, the economy, and society based on their organizational resources
question
Which of the following statements is true about corporate social responsibility?
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A&C: -Businesses should monitor and prevent social problems in advance of their becoming major issues. -Corporations should be accountable for any actions that affect people, their communities and the environment
question
Modern corporations should be socially responsible because they
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create jobs, influencing the lives of employees
question
Which of the following is not an example of the charity principle?
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supporting a governmental protection agency
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
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question
Which of the following examples does not show a company guided by enlightened self-interest?
answer
A company breaking past records by maximizing quarterly profits
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question
Reasons for adopting an enlightened self-interest approach is:
answer
-Reasonable short run costs are incurred but socially responsible activities are promoted -The publics attitude toward the company is positive in the long run -the stockholders pressures for short run profits are satisfied (all the above)
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question
Scholars have found
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a positive association between social and financial performance
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question
which of the following is an argument in favor of corporate social responsibility
answer
discourages government regulation
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question
which of the following is an argument against corporate social responsibility
answer
requires skills businesses may lack.
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Question
What is the right structure for an essay
Answer
A paragraph is a related group of sentences that develops one main idea. Each paragraph in the body of the essay should contain:
  • a topic sentence that states the main or controlling idea
  • supporting sentences to explain and develop the point you’re making
  • evidence from your reading or an example from the subject area that supports your point
  • analysis of the implication/significance/impact of the evidence finished off with a critical conclusion you have drawn from the evidence.