Question 1

"Ending hunger in its community" and "feeding the poor" illustrate the relationship between ______.

Accepted Answer

A) strategy and tactics 
B) profits and revenue 
C) vision and mission 
D) aspirations and strategy 
A) strategy and tactics 
B) profits and revenue 
C) vision and mission 
D) aspirations and strategy C

Question 2

For any business, the pursuit of ______ is so broad a mandate that it offers little guidance about where to begin or what to do.

Accepted Answer

A) vision 
B) strategy 
C) mission 
D) profit 
A) vision 
B) strategy 
C) mission 
D) profit D

Question 3

The ______ perspective assumes a zero-sum game and a confrontational view.

Accepted Answer

A) focused 
B) industry 
C) resources 
D) strategic CSR 
A) focused 
B) industry 
C) resources 
D) strategic CSR B

Question 4

Define SWOT analysis and provide an example of how such an analysis could be applied to a specific business.

Accepted Answer

Answer must include strengths,

Question 5

______ countries have taken the lead in environmental management.

Accepted Answer

A) Asian 
B) European 
C) North American 
D) South American 
A) Asian 
B) European 
C) North American 
D) South American

Question 6

According to the textbook, the United States Climate Action Partnership (USCAP), formed by a group of energy and manufacturing firms, is ______.

Accepted Answer

A) CSR as brand insurance 
B) CSR as a corporate social opportunity 
C) CSR as a key component of cost-benefit analysis 
D) CSR as an offensive strategy 
A) CSR as brand insurance 
B) CSR as a corporate social opportunity 
C) CSR as a key component of cost-benefit analysis 
D) CSR as an offensive strategy

Question 7

The ______ are the day-to-day management decisions made to implement the firm's ______.

Accepted Answer

A) strategies; tactics 
B) tactics; strategies 
C) tactics; vision 
D) strategies; vision 
A) strategies; tactics 
B) tactics; strategies 
C) tactics; vision 
D) strategies; vision

Question 8

Firms that sell based on price are likely ______.

Accepted Answer

A) to pay greater attention to corporate social responsibility 
B) to have the resources to mount an effective corporate social responsibility campaign 
C) to attract less attention from consumers on issues unrelated to price 
D) to be big and thus attract greater attention from interest groups 
A) to pay greater attention to corporate social responsibility 
B) to have the resources to mount an effective corporate social responsibility campaign 
C) to attract less attention from consumers on issues unrelated to price 
D) to be big and thus attract greater attention from interest groups

Question 9

The firm's ______ identifies what the organization is going to do in order to attain its ______.

Accepted Answer

A) profitability; revenue target 
B) mission; profits 
C) mission; vision 
D) vision; mission 
A) profitability; revenue target 
B) mission; profits 
C) mission; vision 
D) vision; mission

Question 10

The Honest Company, founded by actress Jessica Alba, sells products such as baby diapers, wipes, and other personal care products.The Honest Company describes its products as being "made without health-compromising chemicals or compounds." This company has a ______ CSR threshold.

Accepted Answer

A) low 
B) medium 
C) high 
D) extremely high 
A) low 
B) medium 
C) high 
D) extremely high

Question 11

Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with examples for all three categories.

Accepted Answer

Answers must address

Question 12

With which of the following is Michael Porter is most closely associated?

Accepted Answer

A) Strategic CSR 
B) the industry perspective 
C) the resources perspective 
D) SWOT analysis 
A) Strategic CSR 
B) the industry perspective 
C) the resources perspective 
D) SWOT analysis

Question 13

The CSR threshold is the same for all companies in all industries.

Accepted Answer

A) True 
 B)False

Question 14

One of the criticisms of Porter's Five Forces model is that it assumes competition to be a ______ game among the firm and its various stakeholders.

Accepted Answer

A) zero-sum 
B) cooperative 
C) strategic 
D) nationalistic 
A) zero-sum 
B) cooperative 
C) strategic 
D) nationalistic

Question 15

The ______ perspective is an ______ view of the firm that identifies its unique resources as the main determinant of a competitive advantage.

Accepted Answer

A) resources; internal 
B) industry; external 
C) resources; external 
D) industry; internal 
A) resources; internal 
B) industry; external 
C) resources; external 
D) industry; internal

Question 16

The late C.K.Prahalad argued that countries at the bottom of the pyramid ______.

Accepted Answer

A) deserve restitution from the colonial powers that historically exploited these countries 
B) should work with the United Nations to develop health programs for their impoverished people 
C) will soon be more economically powerful than the United States, France, and Germany combined 
D) represent a huge and largely untapped market with many business opportunities 
A) deserve restitution from the colonial powers that historically exploited these countries 
B) should work with the United Nations to develop health programs for their impoverished people 
C) will soon be more economically powerful than the United States, France, and Germany combined 
D) represent a huge and largely untapped market with many business opportunities

Question 17

In Europe, pressure for corporate social responsibility is more likely to come from ______.

Accepted Answer

A) courts 
B) governments 
C) nonprofits (NGOs) 
D) competitors 
A) courts 
B) governments 
C) nonprofits (NGOs) 
D) competitors

Question 18

The CSR threshold is higher in the financial/banking industry than in the apparel industry because ______.

Accepted Answer

A) less money is involved when consumers purchase clothing than when they buy banking/financial products such as home mortgages 
B) it is harder for consumers to identify a victim caused by a CSR violation in the financial/banking industry 
C) the apparel industry has dramatically improved supply chain issues such as the use of sweatshop labor 
D) bank customers have a great deal of power and can demand more responsible actions from financial institutions 
A) less money is involved when consumers purchase clothing than when they buy banking/financial products such as home mortgages 
B) it is harder for consumers to identify a victim caused by a CSR violation in the financial/banking industry 
C) the apparel industry has dramatically improved supply chain issues such as the use of sweatshop labor 
D) bank customers have a great deal of power and can demand more responsible actions from financial institutions

Question 19

Vision statements do not need to appeal to multiple stakeholders.

Accepted Answer

A) True 
 B)False

Question 20

Southwest's competitive advantage in the airline industry is a combination of its technology and its ______.

Accepted Answer

A) suppliers 
B) rivals 
C) culture 
D) customers 
A) suppliers 
B) rivals 
C) culture 
D) customers

"Ending hunger in its community" and "feeding the poor" illustrate the relationship between ______.

For any business, the pursuit of ______ is so broad a mandate that it offers little guidance about where to begin or what to do.

The ______ perspective assumes a zero-sum game and a confrontational view.

Define SWOT analysis and provide an example of how such an analysis could be applied to a specific business.

______ countries have taken the lead in environmental management.

According to the textbook, the United States Climate Action Partnership (USCAP), formed by a group of energy and manufacturing firms, is ______.

The are the day-to-day management decisions made to implement the firm's .

Firms that sell based on price are likely ______.

The firm's identifies what the organization is going to do in order to attain its .

The Honest Company, founded by actress Jessica Alba, sells products such as baby diapers, wipes, and other personal care products.The Honest Company describes its products as being "made without health-compromising chemicals or compounds." This company has a ______ CSR threshold.

Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with examples for all three categories.

With which of the following is Michael Porter is most closely associated?

The CSR threshold is the same for all companies in all industries.

One of the criticisms of Porter's Five Forces model is that it assumes competition to be a ______ game among the firm and its various stakeholders.

The perspective is an view of the firm that identifies its unique resources as the main determinant of a competitive advantage.

The late C.K.Prahalad argued that countries at the bottom of the pyramid ______.

In Europe, pressure for corporate social responsibility is more likely to come from ______.

The CSR threshold is higher in the financial/banking industry than in the apparel industry because ______.

Vision statements do not need to appeal to multiple stakeholders.

Southwest's competitive advantage in the airline industry is a combination of its technology and its ______.

What Is CSR

The Driving Forces of CSR

Stakeholder Theory

Corporate Stakeholder Responsibility

Corporate Rights and Responsibilities

Who Owns the Firm

Markets and Profit

Compliance and Accountability

Strategic CSR

Sustainability

Sustainable Value Creation

Filters

Exam 9: Strategy CSR

"Ending hunger in its community" and "feeding the poor" illustrate the relationship between ______.

For any business, the pursuit of ______ is so broad a mandate that it offers little guidance about where to begin or what to do.

The ______ perspective assumes a zero-sum game and a confrontational view.

Define SWOT analysis and provide an example of how such an analysis could be applied to a specific business.

______ countries have taken the lead in environmental management.

According to the textbook, the United States Climate Action Partnership (USCAP), formed by a group of energy and manufacturing firms, is ______.

The ______ are the day-to-day management decisions made to implement the firm's ______.

Firms that sell based on price are likely ______.

The firm's ______ identifies what the organization is going to do in order to attain its ______.

The Honest Company, founded by actress Jessica Alba, sells products such as baby diapers, wipes, and other personal care products.The Honest Company describes its products as being "made without health-compromising chemicals or compounds." This company has a ______ CSR threshold.

Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with examples for all three categories.

With which of the following is Michael Porter is most closely associated?

The CSR threshold is the same for all companies in all industries.

One of the criticisms of Porter's Five Forces model is that it assumes competition to be a ______ game among the firm and its various stakeholders.

The ______ perspective is an ______ view of the firm that identifies its unique resources as the main determinant of a competitive advantage.

The late C.K.Prahalad argued that countries at the bottom of the pyramid ______.

In Europe, pressure for corporate social responsibility is more likely to come from ______.

The CSR threshold is higher in the financial/banking industry than in the apparel industry because ______.

Vision statements do not need to appeal to multiple stakeholders.

Southwest's competitive advantage in the airline industry is a combination of its technology and its ______.

What Is CSR

The Driving Forces of CSR

Stakeholder Theory

Corporate Stakeholder Responsibility

Corporate Rights and Responsibilities

Who Owns the Firm

Markets and Profit

Compliance and Accountability

Strategic CSR

Sustainability

Sustainable Value Creation

Filters

The are the day-to-day management decisions made to implement the firm's .

The firm's identifies what the organization is going to do in order to attain its .

The perspective is an view of the firm that identifies its unique resources as the main determinant of a competitive advantage.