Question 1

Which of the following would NOT be considered an underlying motivation behind MNEs' voluntary "green practices"?

Accepted Answer

A) ​Worldwide CSR pressures in general. 
B) ​Requirements of MNE headquarters for worldwide compliance of higher CSR standards. 
C)  ​Host country laws and norms. 
D)  ​CSR demands made by customers in developed economies. 
A) ​Worldwide CSR pressures in general. 
B) ​Requirements of MNE headquarters for worldwide compliance of higher CSR standards. 
C)  ​Host country laws and norms. 
D)  ​CSR demands made by customers in developed economies. C

Question 2

Which of the following statements comes closest to expressing the idea of CSR?

Accepted Answer

A) ​The business of business is business. 
B) ​The social responsibility of business is to increase its profits. 
C)  ​The purpose of a firm is to serve as a vehicle for coordinating stakeholder interests. 
D)  ​If social welfare rather than profit maximization is the focus of firms, they will become socialist organizations. 
A) ​The business of business is business. 
B) ​The social responsibility of business is to increase its profits. 
C)  ​The purpose of a firm is to serve as a vehicle for coordinating stakeholder interests. 
D)  ​If social welfare rather than profit maximization is the focus of firms, they will become socialist organizations. C

Question 3

Using the five forces model, which will likely result in a higher level of CSR?

Accepted Answer

A) A highly concentrated industry. 
B) Substitutes that are superior to existing products and costs are reasonable. 
C)  Socially and environmentally conscious suppliers with standardized products that have multiple substitutes. 
D)  No monitoring program for all supplier factories. 
A) A highly concentrated industry. 
B) Substitutes that are superior to existing products and costs are reasonable. 
C)  Socially and environmentally conscious suppliers with standardized products that have multiple substitutes. 
D)  No monitoring program for all supplier factories. B

Question 4

Companies have had their CSR policies certified by NGOs that might otherwise be hostile.

Accepted Answer

A) True 
 B)False

Question 5

Primary stakeholder groups are defined as "those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival."

Accepted Answer

A) True 
 B)False

Question 6

A narrow focus on CSR sees it as integral to profit maximization, rather than separate from profit maximization.

Accepted Answer

A) True 
 B)False

Question 7

Those who feel that firms that expand into emerging economies are failing their CSR responsibilities are most likely to claim that:

Accepted Answer

A) It potentially hurts corporate profits. 
B) Shareholder returns are reduced.​ 
C)  Fails to provide employment to host countries. 
D)  Domestic employees and communities pay the price for the overseas expansion. 
A) It potentially hurts corporate profits. 
B) Shareholder returns are reduced.​ 
C)  Fails to provide employment to host countries. 
D)  Domestic employees and communities pay the price for the overseas expansion.

Question 8

Those who advocate CSR:

Accepted Answer

A) Conduct their debate within the constraints of capitalism. 
B) Argue that a humane capitalism is an oxymoron and unattainable. 
C)  Argue that the concepts justice and fairness are simply matters of opinion. 
D)  Argue that the most important stakeholder is the stockholder. 
A) Conduct their debate within the constraints of capitalism. 
B) Argue that a humane capitalism is an oxymoron and unattainable. 
C)  Argue that the concepts justice and fairness are simply matters of opinion. 
D)  Argue that the most important stakeholder is the stockholder.

Question 9

Last week you attended a series of lectures at the local university in which the speakers were discussing the role of corporations (such as yours) overseas. The first lecturer discussed the role of MNEs over the years as instruments of national power for the country in which they were based and discussed instances in which the firms became involved in local politics. The speaker condemned such companies as imperialists for attempting to impose U.S. values on foreign nations. The last speaker in the series argued that MNEs have a responsibility to identify injustice and violation of human rights in the nations where they operate and to use either persuasion or economic pressure to bring about change. Whose advice will you follow?

Accepted Answer

This question is intended to be a though

Question 10

There is no conclusive evidence of a direct, positive link between CSR and economic performance, such as profits and shareholder returns.

Accepted Answer

A) True 
 B)False

Question 11

If socially and environmentally conscious Firm A provides a unique differentiated products with few or no substitutes:

Accepted Answer

A) ​It may be able to extract substantial concessions from its managers. 
B) Its bargaining power is likely to be substantial.​ 
C)  ​Its bargaining power will not change. 
D)  ​It lowers barriers to entry for other firms. 
A) ​It may be able to extract substantial concessions from its managers. 
B) Its bargaining power is likely to be substantial.​ 
C)  ​Its bargaining power will not change. 
D)  ​It lowers barriers to entry for other firms.

Question 12

Your competitors have been praised for their CSR while some have compared your efforts to theirs unfavorably. However, you view their efforts as not just window dressing but as manipulation of public opinion. In one case, you noted that the company spent $50,000 on a community project to help the homeless and over $1 million advertising to the world what it had done. You are under pressure to follow their examples. What should you do?

Accepted Answer

This question is intended to be a though

Question 13

Advocates of shareholder capitalism argue that if firms attempt to attain social goals, it will actually help them focus on profit maximization (and its derivative, shareholder value maximization).

Accepted Answer

A) True 
 B)False

Question 14

Reactive firms:

Accepted Answer

A) Actively participate in regional, national, and international policy discussions. 
B) Often build alliances with stakeholder groups. 
C)  Engage in voluntary activities that go beyond what the regulations require. 
D)  React negatively to aspects of CSR that may increase costs. 
A) Actively participate in regional, national, and international policy discussions. 
B) Often build alliances with stakeholder groups. 
C)  Engage in voluntary activities that go beyond what the regulations require. 
D)  React negatively to aspects of CSR that may increase costs.

Question 15

By employing the standards of CSR, the barriers to entry for the industry actually go down.

Accepted Answer

A) True 
 B)False

Question 16

Global sustainability is the number one goal of a firm.

Accepted Answer

A) True 
 B)False

Question 17

If a key goal for CSR is global sustainability, how can a manager best go about incorporating it into managerial decisions?

Accepted Answer

​For multinational enterprises (MNEs) wi

Question 18

The more concentrated an industry is, the more likely that competitors will recognize their mutual interdependence based on old ways of doing business that are not up to the higher CSR standards.

Accepted Answer

A) True 
 B)False

Question 19

CSR standards are more difficult for firms in a concentrated and competitive industry.​

Accepted Answer

A) True 
 B)False

Question 20

In regard to the link between CSR and economic performance:

Accepted Answer

A) There is conclusive evidence of a direct, positive link between CSR and economic performance 
B) No studies report a definitive positive relationship. 
C)  Almost all studies find a negative relationship or no relationship. 
D)  It appears some firms are not cut out for a CSR-intensive strategy. 
A) There is conclusive evidence of a direct, positive link between CSR and economic performance 
B) No studies report a definitive positive relationship. 
C)  Almost all studies find a negative relationship or no relationship. 
D)  It appears some firms are not cut out for a CSR-intensive strategy.

Which of the following would NOT be considered an underlying motivation behind MNEs' voluntary "green practices"?

Which of the following statements comes closest to expressing the idea of CSR?

Using the five forces model, which will likely result in a higher level of CSR?

Companies have had their CSR policies certified by NGOs that might otherwise be hostile.

Primary stakeholder groups are defined as "those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival."

A narrow focus on CSR sees it as integral to profit maximization, rather than separate from profit maximization.

Those who feel that firms that expand into emerging economies are failing their CSR responsibilities are most likely to claim that:

Those who advocate CSR:

There is no conclusive evidence of a direct, positive link between CSR and economic performance, such as profits and shareholder returns.

If socially and environmentally conscious Firm A provides a unique differentiated products with few or no substitutes:

Advocates of shareholder capitalism argue that if firms attempt to attain social goals, it will actually help them focus on profit maximization (and its derivative, shareholder value maximization).

Reactive firms:

By employing the standards of CSR, the barriers to entry for the industry actually go down.

Global sustainability is the number one goal of a firm.

If a key goal for CSR is global sustainability, how can a manager best go about incorporating it into managerial decisions?

The more concentrated an industry is, the more likely that competitors will recognize their mutual interdependence based on old ways of doing business that are not up to the higher CSR standards.

CSR standards are more difficult for firms in a concentrated and competitive industry.

In regard to the link between CSR and economic performance:

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Strategizing, Structuring, and Learningaround the World

Governing the Corporation Around the World

Filters

Exam 12: Strategizing With Corporate Social Responsibility

Which of the following would NOT be considered an underlying motivation behind MNEs' voluntary "green practices"?

Which of the following statements comes closest to expressing the idea of CSR?

Using the five forces model, which will likely result in a higher level of CSR?

Companies have had their CSR policies certified by NGOs that might otherwise be hostile.

Primary stakeholder groups are defined as "those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival."

A narrow focus on CSR sees it as integral to profit maximization, rather than separate from profit maximization.

Those who feel that firms that expand into emerging economies are failing their CSR responsibilities are most likely to claim that:

Those who advocate CSR:

There is no conclusive evidence of a direct, positive link between CSR and economic performance, such as profits and shareholder returns.

If socially and environmentally conscious Firm A provides a unique differentiated products with few or no substitutes:

Advocates of shareholder capitalism argue that if firms attempt to attain social goals, it will actually help them focus on profit maximization (and its derivative, shareholder value maximization).

Reactive firms:

By employing the standards of CSR, the barriers to entry for the industry actually go down.

Global sustainability is the number one goal of a firm.

If a key goal for CSR is global sustainability, how can a manager best go about incorporating it into managerial decisions?

The more concentrated an industry is, the more likely that competitors will recognize their mutual interdependence based on old ways of doing business that are not up to the higher CSR standards.

CSR standards are more difficult for firms in a concentrated and competitive industry.​

In regard to the link between CSR and economic performance:

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Strategizing, Structuring, and Learningaround the World

Governing the Corporation Around the World

Filters

CSR standards are more difficult for firms in a concentrated and competitive industry.