Question 1

Discuss the water privatization efforts in Bolivia as an example of a conventional business partnership.

Accepted Answer

The water privatization efforts in Bolivia serve as a prime example of a conventional business partnership. In the early 2000s, the Bolivian government entered into a partnership with a multinational corporation to privatize the water supply in the city of Cochabamba. This partnership aimed to improve the efficiency and infrastructure of the water system, as well as to attract foreign investment to the country.

However, the privatization efforts faced significant backlash from the local population, who saw their water bills skyrocket and access to clean water become increasingly limited. This led to widespread protests and ultimately the cancellation of the partnership, as the government was forced to re-nationalize the water supply.

This example highlights the potential pitfalls of conventional business partnerships in the context of essential services like water supply. It demonstrates the importance of considering the needs and concerns of local communities, as well as the potential for social and environmental impacts, when entering into such partnerships. It also underscores the need for transparency and accountability in these arrangements to ensure that the interests of all stakeholders are adequately represented.

Question 2

What role does cultural intelligence play in a company's success in managing stakeholder issues in a global environment?

Accepted Answer

Cultural intelligence plays a crucial role in a company's success in managing stakeholder issues in a global environment. It allows the company to understand and navigate the cultural nuances and differences that exist among its stakeholders, including employees, customers, suppliers, and local communities. By being culturally intelligent, a company can effectively communicate, negotiate, and build relationships with stakeholders from diverse cultural backgrounds.

Cultural intelligence also helps in avoiding misunderstandings, conflicts, and misinterpretations that can arise due to cultural differences. It enables the company to adapt its strategies, policies, and practices to align with the cultural expectations and values of its stakeholders, thereby enhancing trust and cooperation.

Furthermore, cultural intelligence enables the company to anticipate and address potential cultural challenges and opportunities in a global environment. This proactive approach can help in mitigating risks, seizing business opportunities, and gaining a competitive edge in the global marketplace.

Overall, cultural intelligence is essential for a company to effectively engage and collaborate with its stakeholders in a global environment, ultimately contributing to its success and sustainability.

Question 3

According to the GlobeScan study and other reports, which of the following is true of fair trade certified products?

Accepted Answer

A)  Fair trade certified products lose consumer interest during summer months. 
B)  Fair trade certified products lose consumer interest during times of economic downturn. 
C)  Fair trade certified products maintain consumer interest during times of economic downturn. 
D)  Fair trade certified products maintain consumer interest in the countries in which they are produced. 
E)  Fair trade certified products lose consumer interest in the countries in which they are produced. 
A)  Fair trade certified products lose consumer interest during summer months. 
B)  Fair trade certified products lose consumer interest during times of economic downturn. 
C)  Fair trade certified products maintain consumer interest during times of economic downturn. 
D)  Fair trade certified products maintain consumer interest in the countries in which they are produced. 
E)  Fair trade certified products lose consumer interest in the countries in which they are produced. C

Question 4

Which of the following is a widely known certification corporate accountability partnership?

Accepted Answer

A)  Grameen Bank 
B)  Self Employed Women's Association 
C)  Russell Corporation 
D)  Fair Labor Association 
E)  AccountAbility 
A)  Grameen Bank 
B)  Self Employed Women's Association 
C)  Russell Corporation 
D)  Fair Labor Association 
E)  AccountAbility

Question 5

Social responsibility reporting is valuable for a company as a means to do all of the following except

Accepted Answer

A)  communicate its values. 
B)  conceal its weaknesses. 
C)  highlight successes. 
D)  communicate its plans. 
E)  gain feedback for the future. 
A)  communicate its values. 
B)  conceal its weaknesses. 
C)  highlight successes. 
D)  communicate its plans. 
E)  gain feedback for the future.

Question 6

Because cultural differences introduce new complexities to the process of ethical decision-making, companies' attitudes toward training rubrics are best described by which of the following statements?

Accepted Answer

A)  Training rubrics become less and less useful as the work environment becomes more global. 
B)  Training rubrics must be lengthy in order to apply directly to any situation that may arise. 
C)  Training rubrics are pivotal to an employee's ability to assess an ethical issue and respond appropriately. 
D)  Training rubrics are helpful but not as important as an employee's common sense. 
E)  Training rubrics increase the likelihood an employee will respond inappropriately. 
A)  Training rubrics become less and less useful as the work environment becomes more global. 
B)  Training rubrics must be lengthy in order to apply directly to any situation that may arise. 
C)  Training rubrics are pivotal to an employee's ability to assess an ethical issue and respond appropriately. 
D)  Training rubrics are helpful but not as important as an employee's common sense. 
E)  Training rubrics increase the likelihood an employee will respond inappropriately.

Question 7

The continuous review and revision of the Global Reporting Initiative (GRI) Guidelines results in which of the following?

Accepted Answer

A)  The obscurity of the Guidelines 
B)  The limited relevance of the Guidelines 
C)  The high number of contemporary issues that are not addressed by the Guidelines 
D)  The accommodation of innovation in technology and shifts in cultural attitudes 
E)  The erosion of the Guidelines' authority 
A)  The obscurity of the Guidelines 
B)  The limited relevance of the Guidelines 
C)  The high number of contemporary issues that are not addressed by the Guidelines 
D)  The accommodation of innovation in technology and shifts in cultural attitudes 
E)  The erosion of the Guidelines' authority

Question 8

Which of the following is least likely to be a relevant perspective for examining stakeholder issues that are present in a global environment?

Accepted Answer

A)  Economic 
B)  Eurocentric 
C)  Legal 
D)  Ethical 
E)  Philanthropic 
A)  Economic 
B)  Eurocentric 
C)  Legal 
D)  Ethical 
E)  Philanthropic

Question 9

Which of the following would most likely indicate a high potential for a culturally diverse work group to achieve positive outcomes?

Accepted Answer

A)  The group's leadership recognizes one culture as the 'right' culture 
B)  The group believes cultural issues should not come into play at work 
C)  The group organizes itself into subgroups based on cultural similarities 
D)  Each member of the group has a high level of cultural intelligence 
E)  A few members of the group have high levels of cultural intelligence 
A)  The group's leadership recognizes one culture as the 'right' culture 
B)  The group believes cultural issues should not come into play at work 
C)  The group organizes itself into subgroups based on cultural similarities 
D)  Each member of the group has a high level of cultural intelligence 
E)  A few members of the group have high levels of cultural intelligence

Question 10

Discuss the United Nations' efforts toward realizing improvements in the development of countries around the world.

Accepted Answer

The United Nations has been actively wor

Question 11

What distinguishes cooperatives from traditional businesses?

Accepted Answer

Cooperatives, also known as co-ops, are

Question 12

Which of the following makes the Global Reporting Initiative (GRI) particularly valuable?

Accepted Answer

A)  The GRI makes comparisons possible because it uses a globally applicable and well-vetted framework. 
B)  The GRI allows firms to formally assess and document social responsibility outcomes. 
C)  The GRI allows firms to include social responsibility reporting in annual reports or sustainability reports. 
D)  The GRI makes assessment possible because its framework includes social responsibility indicators. 
E)  The GRI allows firms to communicate its social responsibility outcomes to stakeholders. 
A)  The GRI makes comparisons possible because it uses a globally applicable and well-vetted framework. 
B)  The GRI allows firms to formally assess and document social responsibility outcomes. 
C)  The GRI allows firms to include social responsibility reporting in annual reports or sustainability reports. 
D)  The GRI makes assessment possible because its framework includes social responsibility indicators. 
E)  The GRI allows firms to communicate its social responsibility outcomes to stakeholders.

Question 13

According to Amartya Sen, national competitiveness and development correlate with political, social, and economic freedoms due to

Accepted Answer

A)  the contagion effect of freedom. 
B)  the complacency effect of freedom. 
C)  an unexplained phenomenon. 
D)  the role of personal autonomy in cultural advancement. 
E)  the role of personal autonomy in privatization. 
A)  the contagion effect of freedom. 
B)  the complacency effect of freedom. 
C)  an unexplained phenomenon. 
D)  the role of personal autonomy in cultural advancement. 
E)  the role of personal autonomy in privatization.

Question 14

Which of the following terms refers to a trading partnership based on dialogue, transparency, and respect that seeks greater equity in international trade and contributes to sustainable development?

Accepted Answer

A)  Global reporting initiative 
B)  Global trading initiative 
C)  Free trade 
D)  Fair trade 
E)  Cooperative trade 
A)  Global reporting initiative 
B)  Global trading initiative 
C)  Free trade 
D)  Fair trade 
E)  Cooperative trade

Question 15

According to Mercer's survey, all of the following are global drivers for employee engagement except

Accepted Answer

A)  the work itself, including opportunities for development. 
B)  a high level of autonomy. 
C)  confidence and trust in leadership. 
D)  recognition and rewards. 
E)  organizational communication. 
A)  the work itself, including opportunities for development. 
B)  a high level of autonomy. 
C)  confidence and trust in leadership. 
D)  recognition and rewards. 
E)  organizational communication.

Question 16

What is cultural intelligence?

Accepted Answer

A)  The process of identifying and interacting appropriately with people that share one's own culture 
B)  The ability to interpret and adapt successfully to different national, organizational, and professional cultures 
C)  An evaluation of a person's ability to adhere to their culture in a variety of challenging situations 
D)  Information that may be used to monitor cultural groups' behavior as consumers 
E)  Knowledge used to identify and avoid situations in which cultural differences are likely to cause confusion 
A)  The process of identifying and interacting appropriately with people that share one's own culture 
B)  The ability to interpret and adapt successfully to different national, organizational, and professional cultures 
C)  An evaluation of a person's ability to adhere to their culture in a variety of challenging situations 
D)  Information that may be used to monitor cultural groups' behavior as consumers 
E)  Knowledge used to identify and avoid situations in which cultural differences are likely to cause confusion

Question 17

How does social responsibility reporting benefit a firm?

Accepted Answer

Social responsibility reporting, also kn

Question 18

Which type of partnership for development does not have to prove a specific effort toward social responsibility?

Accepted Answer

A)  Corporate social responsibility partnerships 
B)  Conventional business partnerships 
C)  Corporate accountability partnerships 
D)  Certification corporate accountability partnerships 
E)  Social economy partnerships 
A)  Corporate social responsibility partnerships 
B)  Conventional business partnerships 
C)  Corporate accountability partnerships 
D)  Certification corporate accountability partnerships 
E)  Social economy partnerships

Question 19

What are the three drivers of responsible competitiveness?

Accepted Answer

A)  Cooperative drivers, privatization, and media enablers 
B)  Governance drivers, social action, and economic enablers 
C)  Pollution drivers, biological action, and resource enablers 
D)  Employer drivers, employee action, and consumer enablers 
E)  Policy drivers, business action, and social enablers 
A)  Cooperative drivers, privatization, and media enablers 
B)  Governance drivers, social action, and economic enablers 
C)  Pollution drivers, biological action, and resource enablers 
D)  Employer drivers, employee action, and consumer enablers 
E)  Policy drivers, business action, and social enablers

Question 20

What are the three categories of core indicators included in the Global Reporting Initiative (GRI) framework?

Accepted Answer

A)  Fiscal, ethical, and environmental responsibility 
B)  International, national, and regional influence 
C)  Intended, actual, and perceived benefit 
D)  Political, economic, and logistical support 
E)  Economic, environmental, and social performance 
A)  Fiscal, ethical, and environmental responsibility 
B)  International, national, and regional influence 
C)  Intended, actual, and perceived benefit 
D)  Political, economic, and logistical support 
E)  Economic, environmental, and social performance

Discuss the water privatization efforts in Bolivia as an example of a conventional business partnership.

What role does cultural intelligence play in a company's success in managing stakeholder issues in a global environment?

According to the GlobeScan study and other reports, which of the following is true of fair trade certified products?

Which of the following is a widely known certification corporate accountability partnership?

Social responsibility reporting is valuable for a company as a means to do all of the following except

Because cultural differences introduce new complexities to the process of ethical decision-making, companies' attitudes toward training rubrics are best described by which of the following statements?

The continuous review and revision of the Global Reporting Initiative (GRI) Guidelines results in which of the following?

Which of the following is least likely to be a relevant perspective for examining stakeholder issues that are present in a global environment?

Which of the following would most likely indicate a high potential for a culturally diverse work group to achieve positive outcomes?

Discuss the United Nations' efforts toward realizing improvements in the development of countries around the world.

What distinguishes cooperatives from traditional businesses?

Which of the following makes the Global Reporting Initiative (GRI) particularly valuable?

According to Amartya Sen, national competitiveness and development correlate with political, social, and economic freedoms due to

Which of the following terms refers to a trading partnership based on dialogue, transparency, and respect that seeks greater equity in international trade and contributes to sustainable development?

According to Mercer's survey, all of the following are global drivers for employee engagement except

What is cultural intelligence?

How does social responsibility reporting benefit a firm?

Which type of partnership for development does not have to prove a specific effort toward social responsibility?

What are the three drivers of responsible competitiveness?

What are the three categories of core indicators included in the Global Reporting Initiative (GRI) framework?

Social Responsibility Framework

Strategic Management of Stakeholder Relationships

Corporate Governance

Legal, Regulatory, and Political Issues

Business Ethics and Ethical Decision Making

Strategic Approaches to Improving Ethical Behavior

Employee Relations

Consumer Relations

Community Relations and Strategic Philanthropy

Technology Issues

Sustainability Issues

Filters

Exam 12: Social Responsibility in a Global Environment

Discuss the water privatization efforts in Bolivia as an example of a conventional business partnership.

What role does cultural intelligence play in a company's success in managing stakeholder issues in a global environment?

According to the GlobeScan study and other reports, which of the following is true of fair trade certified products?

Which of the following is a widely known certification corporate accountability partnership?

Social responsibility reporting is valuable for a company as a means to do all of the following except

Because cultural differences introduce new complexities to the process of ethical decision-making, companies' attitudes toward training rubrics are best described by which of the following statements?

The continuous review and revision of the Global Reporting Initiative (GRI) Guidelines results in which of the following?

Which of the following is least likely to be a relevant perspective for examining stakeholder issues that are present in a global environment?

Which of the following would most likely indicate a high potential for a culturally diverse work group to achieve positive outcomes?

Discuss the United Nations' efforts toward realizing improvements in the development of countries around the world.

What distinguishes cooperatives from traditional businesses?

Which of the following makes the Global Reporting Initiative (GRI) particularly valuable?

According to Amartya Sen, national competitiveness and development correlate with political, social, and economic freedoms due to

Which of the following terms refers to a trading partnership based on dialogue, transparency, and respect that seeks greater equity in international trade and contributes to sustainable development?

According to Mercer's survey, all of the following are global drivers for employee engagement except

What is cultural intelligence?

How does social responsibility reporting benefit a firm?

Which type of partnership for development does not have to prove a specific effort toward social responsibility?

What are the three drivers of responsible competitiveness?

What are the three categories of core indicators included in the Global Reporting Initiative (GRI) framework?

Social Responsibility Framework

Strategic Management of Stakeholder Relationships

Corporate Governance

Legal, Regulatory, and Political Issues

Business Ethics and Ethical Decision Making

Strategic Approaches to Improving Ethical Behavior

Employee Relations

Consumer Relations

Community Relations and Strategic Philanthropy

Technology Issues

Sustainability Issues

Filters