Exam 9: Global Integration and Multilateral Organizations

In a widely adapted definition promoted by the ILO, child labour refers to work done by persons under the age of:

The competition between countries trying to attract foreign investors by offering them ever more lenient employment standards is also known as:

Triple bottom line refers to social, environmental and medical performance.

A pollution haven is a city or region that absorbs pollution created elsewhere such as to reduce overall levels of pollution.

Implicit CSR refers to corporate activity that benefits society by companies:

A critical aspect of CSR is that it is voluntary.

In the context of CSR, a pro-active strategy consists of actively fighting political interest groups that advocate unreasonable demands on business.

An environmental view of CSR argues that companies should engage in CSR if and only if it has direct or indirect benefits for shareholder value.

________ are used to ensure that suppliers operate to the ethical standards set by a company.

The view that companies have a moral obligation to do more for society than maximize shareholder value is generally known as:

Human rights are rights that a person is entitled to beyond a certain level of wealth.

Primary stakeholders of a company are: