Exam 1: What Is CSR

Which of the following best describes nonprofit organizations?

In contrast to Milton Friedman's argument, David Packard argued that ______.

According to Archie Carroll's pyramid of corporate social responsibility, a firm's ______ is to take proactive, strategic behaviors that benefit both the firm and society.

According to Archie Carroll's pyramid of corporate social responsibility, a firm's ______ is to act within the framework of laws and regulations drawn up by the government and judiciary.

Describe the famous example of the Malden Mills fire and discuss Aaron Feuerstein's response to the fire.Was his response an example of corporate social responsibility? Why or why not? What are some other approaches the company could have taken?

Applying Archie Carroll's pyramid of corporate social responsibility, when a firm closes due to financial mismanagement and bankruptcy, it has not met its ______.

The Malden Mills textile plant is an important case study in CSR because ______.

One definition of corporate social responsibility is "a responsibility among firms to meet the needs of their stakeholders and a responsibility among stakeholders to hold firms to account for their actions."

If Facebook is seen to be dominating the social media market, what type of corporate social responsibility would it be violating?

The rational argument for CSR rests on ______.

By adopting a rational argument for corporate social responsibility, firms seek to ______.

The call for social responsibility among businesses is generally recognized as a concept that began in which time period?

In the 1790s, consumer boycotts occurred in reactions to which of the following?

Peter Drucker stated, "Profit for a company is like oxygen for a person.If you don't have enough of it, you're out of the game.But if you think your life is about breathing, you're really missing something." This statement reflects the ______ argument for corporate social responsibility.

There is widespread agreement among corporate executives about the necessity of corporate social responsibility.

An application of Milton Friedman's argument is ______.

Financial scandals around the turn of this century at Enron, WorldCom, Adelphia, HealthSouth, and others led to which of the following?

Define and discuss briefly the ethical, moral, rational, and economic arguments for corporate social responsibility.Of the four components, which one is more relevant to you and why?

A firm sponsors a 5k race, contributing the race fees to a local charity.According to Archie Carroll's pyramid of corporate social responsibility, the firm is meetings its ______.

The moral argument for corporate social responsibility focuses on adopting the path of least resistance with regard to issues of concern that make common and business sense.