Exam 3:  Stakeholders and Corporate Social Responsibility

Total corporate social responsibilities are based on economic, legal, ethical, and discretionary responsibilities.

The underlying motivation of the Benefit Corporation concept is that corporations can focus on both shareholder value and provide social and environmental goods to society.

Which of the following is not one of the key trust factors between the firm and the stakeholder____________?

In a short essay, list and discuss the four types of corporate philanthropy.

According to the three-dimensional model of corporate performance presented by Archie Carroll, all of the following are questions that should be asked except

The customer-firm relationship is based on ethical principles as well as commercial criteria.

______________ responsibilities are those responsibilities in which society does not have a clear message to present to businesses as to what their course of action should be.

_______________ CSR is the integration of CSR philosophy into the decision-making processes of the firm

Placing the firm's support toward a single philanthropic cause via public relations or advertising is not strategic philanthropy. In fact, this "cause-related" marketing can backfire and lead to mistrust and suspicion about the true motives of the firm.

Compare and contrast the different roles of customers, suppliers, and NGOs as stakeholders.

Which coffee shop paid $1.26 per pound for fair trade coffee beans in the case?

In a short essay, define corporate social responsibility, and discuss its components.

A firm which has a high level of commitment from both a market and competence orientation is described as having a(n) ________________ configuration.

In a short essay, define and discuss the difference between immoral, amoral, and moral management styles.

______________ is defined as assigning a function or task that was previously done within a company to an external third party.

A low level of trust allows stringent corporate governance structures to be developed to monitor the actions of the top-level managers.

Corporate social responsibility can be defined as the obligation companies have to develop and implement courses of action that aid in social issues that impact society.

The concept of triple-bottom line was first introduced by _______________ in his book Cannibals With Forks: The Triple Bottom Line of Twenty-First Century Business.

The article titled "The Social Responsibility of Business Is to Increase Its Profits" that was published in the New York Times Magazine was written by ________________.

A benefit corporation is an organization that integrates financial, social, and environmental objectives.