Exam 17: Managing Corporate Social Responsibility Globally

Global sustainability disregards sustainable capitalism.

_____ firms often engage in voluntary activities that go beyond what is required by regulations.

_____ firms often build alliances with stakeholder groups.

At the most fundamental level,regulatory pressures underpin informal institutions,whereas normative and cognitive pressures support formal institutions.

Fair labor practice groups that frequently challenge firms that allegedly fail to provide decent labor conditions for employees are an example of the primary stakeholder group.

The primary stakeholder groups are those who influence or affect,or are influenced or affected by,the corporation,but are not engaged in transactions with the corporation.

Which of the following corporate social responsibilities with regard to employment practices is recommended for MNEs by international organizations?

Social issue participation refers to a firm's participation in social causes not directly related to the management of its _____.

Which of the following corporate social responsibilities is recommended for MNEs by the UN?

Constituents on which the firm relies for its continuous survival and prosperity are _____ groups.

According to the CSR approach,as long as there is competition,there will be both winners and losers.

A strategy that would only respond to CSR causes when required by disasters and outcries is called a(n)_____ strategy.

At present,the number of proactive firms is still a minority.

List some corporate social responsibilities recommended by international organizations for multinational enterprises with regard to technology transfer.

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.

Suppliers and customers are secondary stakeholders.

Failing to heed to certain CSR imperatives may be self-defeating in the long run.

Which of the following is one of the underlying motivations behind MNEs voluntary "green practices"?

The _____ strategy is characterized by some support from top managers,who may increasingly view CSR as a worthwhile endeavor.

A(n)_____ strategy focuses on regulatory compliance.