Exam 15: Managing Corporate Social Responsibility Globally

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Managers who adopt accommodative strategy would view corporate social responsibility (CSR)as an added cost or nuisance.

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Rues and West is a pharmaceutical firm based in Belwick.It was recently condemned by many social organizations for the harmful after-effects triggered by its new painkiller.In this scenario,which of the following will be true if Rues and West adopted a reactive strategy?

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Which of the following is an example of secondary stakeholder groups?

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In the context of institutions and corporate social responsibility (CSR),firms adopting defensive strategy:

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Which of the following is an informal institution that affects corporate social responsibility?

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When firms participate in social causes,they add value to a firm's resources.

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When Starbucks CEO Howard said "we must balance our responsibility to create value for shareholders with a social conscience",which CSR strategy was he referring to?

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According to a stakeholder view of the firm,a balanced triple bottom line focuses on:

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A _____ is indicated by relatively little or no support by top management for corporate social responsibility (CSR)causes.

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Explain the fundamental debate on corporate social responsibility (CSR)by highlighting the views of free market advocates and CSR advocates.

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In the context of strategic response framework,a reactive strategy is indicated by complete support by the top management for corporate social responsibility (CSR)causes.

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The term global sustainability is defined as the ability:

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Corporate social responsibility (CSR)refers to the consideration of,and response to,issues beyond the narrow economic,technical,and legal requirements of the firm to accomplish social benefits along with the traditional economic gains that the firm seeks.

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Which of the following is a formal institution that affects corporate social responsibility?

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Define global sustainability and explain its importance in the 21st century.

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At the heart of corporate social responsibility (CSR),the concept of _____ refers to any group or individual who can affect or is affected by a firm's actions.

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What corporate social responsibility (CSR)critics describe as "greed" is often translated as "incentive" in the vocabulary of free market advocates.

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Michael is a manager at a tannery.In the wake of numerous protests from animal activists,he suggested adopting corporate social responsibility (CSR)values.In this case,which of the following will be true if he has a positive view toward CSR values?

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In the context of institutions and corporate social responsibility (CSR),which of the following is true of the firms that adopt reactive strategy?

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In the context of corporate social responsibility (CSR),which of the following statements is true of the VRIO (Value,Rarity,Imitability,and Organization)framework?

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