Question 1

What is defined as the ability to meet the needs of the present without compromising the ability of future generations to meet their needs?

Accepted Answer

A)  Capitulation 
B)  Global sustainability 
C)  Corporate social responsibility 
D)  Social activism 
A)  Capitulation 
B)  Global sustainability 
C)  Corporate social responsibility 
D)  Social activism B

Question 2

The CSR approach draws upon Adam Smith s idea that the pursuit of economic self-interest within legal and ethical bounds leads to efficient markets.

Accepted Answer

A) True 
 B)False  False

Question 3

What is the challenge in drawing conclusions from previous studies linking CSR and economic performance?

Accepted Answer

There is no positive link between CSR and greater economic performance. While some studies show a positive link, others show no link or even a negative link. A resource-based view suggests that many firms do not have the capability to attempt a CSR-intensive strategy. If such a firm fails at an attempt, it reports a negative link. Therefore, in order to conduct a fair study, firms would have to be analyzed by their resource capabilities and then have CSR evaluated.

Question 4

A stakeholder is any group or individual who can affect or is affected by a firm s actions.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is NOT part of the triple bottom line?

Accepted Answer

A)  Economic performance 
B)  Financial performance 
C)  Environmental performance 
D)  Social performance 
A)  Economic performance 
B)  Financial performance 
C)  Environmental performance 
D)  Social performance

Question 6

A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given the right kind of incentives.

Accepted Answer

A) True 
 B)False

Question 7

One consequence of internationalizing a firm s CSR is:

Accepted Answer

A)  Cultural differences hinder effective CSR for the first few years in a foreign country. 
B)  Profits are usually cut but goodwill and other intangible assets increased. 
C)  Employees and communities domestically may be ignored or have fewer resources to work with. 
D)  It is easily imitated. 
A)  Cultural differences hinder effective CSR for the first few years in a foreign country. 
B)  Profits are usually cut but goodwill and other intangible assets increased. 
C)  Employees and communities domestically may be ignored or have fewer resources to work with. 
D)  It is easily imitated.

Question 8

Environmental groups or fair labor practice groups that challenge firms to maintain high standards are examples of:

Accepted Answer

A)  Primary stakeholder groups 
B)  Secondary stakeholder groups 
C)  Shareholders 
D)  CSRs 
A)  Primary stakeholder groups 
B)  Secondary stakeholder groups 
C)  Shareholders 
D)  CSRs

Question 9

Unlike his industry peers, Duke Energy CEO Jim Rogers has been bitten by the climate bug and has voluntarily worked to reduce greenhouse gas emissions. This exemplifies a ____ strategy.

Accepted Answer

A)  Reactive 
B)  Defensive 
C)  Accommodative 
D)  Proactive 
A)  Reactive 
B)  Defensive 
C)  Accommodative 
D)  Proactive

Question 10

Describe the proactive strategy of approaching CSR. Give an example and tell how this strategy is becoming more popular for internationalizing firms.

Accepted Answer

The proactive strategy focuses on consta

Question 11

The CSR approach argues that economic self-interests are not a trustworthy guide for firm decision making and may breed greed, excesses, and abuses.

Accepted Answer

A) True 
 B)False

Question 12

A promoter of the CSR approach would argue that as long as there is competition, there will be both winners and losers.

Accepted Answer

A) True 
 B)False

Question 13

Atmospheric greenhouse gas levels are:

Accepted Answer

A)  Increasing at a slowing rate 
B)  Increasing at an accelerating rate 
C)  Decreasing at a slowing rate 
D)  Decreasing at an accelerating rate 
A)  Increasing at a slowing rate 
B)  Increasing at an accelerating rate 
C)  Decreasing at a slowing rate 
D)  Decreasing at an accelerating rate

Question 14

Why is organization considered the complementary asset to a firm gaining profitability from following CSR?

Accepted Answer

A firm must still maintain value, rarity

Question 15

The accommodative strategy a firm might take regarding CSR is much more focused on following legal regulations and standards than the defensive strategy.

Accepted Answer

A) True 
 B)False

Question 16

From the institutional perspective, the proactive activities firms carry out regarding CSR are indicative of the formal regulations drafted by the managers based on their desire to do the right thing.

Accepted Answer

A) True 
 B)False

Question 17

Pick one of the managerial implications for action regarding CSR. Describe the implication and discuss the benefits and challenges.

Accepted Answer

Students should provide discussion of on

Question 18

What are the major reasons driving the CSR movement?

Accepted Answer

The corporate social responsibility (CSR

Question 19

Which of the following is NOT one of the four segments of the strategic response framework?

Accepted Answer

A)  Accommodative 
B)  Proactive 
C)  Interactive 
D)  Defensive 
A)  Accommodative 
B)  Proactive 
C)  Interactive 
D)  Defensive

Question 20

The free market approach is responsible for much of the rapid internationalizing and globalization of many multinational enterprises (MNEs).

Accepted Answer

A) True 
 B)False

What is defined as the ability to meet the needs of the present without compromising the ability of future generations to meet their needs?

The CSR approach draws upon Adam Smith s idea that the pursuit of economic self-interest within legal and ethical bounds leads to efficient markets.

What is the challenge in drawing conclusions from previous studies linking CSR and economic performance?

A stakeholder is any group or individual who can affect or is affected by a firm s actions.

Which of the following is NOT part of the triple bottom line?

A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given the right kind of incentives.

One consequence of internationalizing a firm s CSR is:

Environmental groups or fair labor practice groups that challenge firms to maintain high standards are examples of:

Unlike his industry peers, Duke Energy CEO Jim Rogers has been bitten by the climate bug and has voluntarily worked to reduce greenhouse gas emissions. This exemplifies a ____ strategy.

Describe the proactive strategy of approaching CSR. Give an example and tell how this strategy is becoming more popular for internationalizing firms.

The CSR approach argues that economic self-interests are not a trustworthy guide for firm decision making and may breed greed, excesses, and abuses.

A promoter of the CSR approach would argue that as long as there is competition, there will be both winners and losers.

Atmospheric greenhouse gas levels are:

Why is organization considered the complementary asset to a firm gaining profitability from following CSR?

The accommodative strategy a firm might take regarding CSR is much more focused on following legal regulations and standards than the defensive strategy.

From the institutional perspective, the proactive activities firms carry out regarding CSR are indicative of the formal regulations drafted by the managers based on their desire to do the right thing.

Pick one of the managerial implications for action regarding CSR. Describe the implication and discuss the benefits and challenges.

What are the major reasons driving the CSR movement?

Which of the following is NOT one of the four segments of the strategic response framework?

The free market approach is responsible for much of the rapid internationalizing and globalization of many multinational enterprises (MNEs).

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing, Structuring, and Learning Around the World

Filters

Exam 14: Competing on Marketing and Supply Chain Management

What is defined as the ability to meet the needs of the present without compromising the ability of future generations to meet their needs?

The CSR approach draws upon Adam Smith s idea that the pursuit of economic self-interest within legal and ethical bounds leads to efficient markets.

What is the challenge in drawing conclusions from previous studies linking CSR and economic performance?

A stakeholder is any group or individual who can affect or is affected by a firm s actions.

Which of the following is NOT part of the triple bottom line?

A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given the right kind of incentives.

One consequence of internationalizing a firm s CSR is:

Environmental groups or fair labor practice groups that challenge firms to maintain high standards are examples of:

Unlike his industry peers, Duke Energy CEO Jim Rogers has been bitten by the climate bug and has voluntarily worked to reduce greenhouse gas emissions. This exemplifies a ____ strategy.

Describe the proactive strategy of approaching CSR. Give an example and tell how this strategy is becoming more popular for internationalizing firms.

The CSR approach argues that economic self-interests are not a trustworthy guide for firm decision making and may breed greed, excesses, and abuses.

A promoter of the CSR approach would argue that as long as there is competition, there will be both winners and losers.

Atmospheric greenhouse gas levels are:

Why is organization considered the complementary asset to a firm gaining profitability from following CSR?

The accommodative strategy a firm might take regarding CSR is much more focused on following legal regulations and standards than the defensive strategy.

From the institutional perspective, the proactive activities firms carry out regarding CSR are indicative of the formal regulations drafted by the managers based on their desire to do the right thing.

Pick one of the managerial implications for action regarding CSR. Describe the implication and discuss the benefits and challenges.

What are the major reasons driving the CSR movement?

Which of the following is NOT one of the four segments of the strategic response framework?

The free market approach is responsible for much of the rapid internationalizing and globalization of many multinational enterprises (MNEs).

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing, Structuring, and Learning Around the World

Filters