Test bank for strategic corporate social responsibility sustainable value creation 5th edition david

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Test Bank for Strategic Corporate Social Responsibility Sustainable Value Creation 5th Edition David Chandler

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Chapter 1: What Is CSR?

Test Bank

Multiple Choice

1. Which of the following exist to define the rules and structures of society within which all organizations must operate?

A. for-profits

B. governments

C. nonprofits

D. religion

Ans: B

Cognitive Domain: Knowledge

Answer Location: What Is CSR?

Difficulty Level: Easy

2. All those who in some way are related to a firm’s activities are known as ______.

A. shareholders

B. public

C. stakeholders

D. clients

Ans: C

Cognitive Domain: Knowledge

Answer Location: A New Definition of CSR

Difficulty Level: Easy

3. Which of these is NOT a for-profit business?

Chandler, Strategic Corporate Social Responsibility, 5e SAGE Publishing, 2020
Test Bank for Strategic Corporate Social Responsibility Sustainable Value Creation 5th Edition Visit TestBankBell.com to get complete for all chapters

A. Facebook

B. Nike

C. Red Cross

D. Uber Ans: C

Cognitive Domain: Comprehension

Answer Location: What Is CSR?

Difficulty Level: Easy

4. With the rise of agency theory, there has been a renewed focus on what group in companies?

A. managers

B. employees

C. clients

D. shareholders

Ans: D

Cognitive Domain: Comprehension

Answer Location: What Is CSR?

Difficulty Level: Moderate

5. Which of the following is NOT part of Archie Carroll’s pyramid of corporate social responsibility?

A. stakeholder responsibility

B. legal responsibility

C. discretionary responsibility

D. ethical responsibility

Ans: A

Cognitive Domain: Comprehension

Answer Location: A New Definition of CSR

Difficulty Level: Easy

6. An application of Milton Friedman’s argument is ______.

A. providing workers time off to volunteer in their communities

B. establishing a recycling program

C. maximizing shareholder returns

D. clearly defining ethical concerns along a product’s supply chain

Ans: C

Cognitive Domain: Application

Answer Location: What Is CSR?

Difficulty Level: Medium

7. In the 1790s, consumer boycotts occurred in reactions to which of the following?

A. slave-harvested sugar

B. cheap cotton from the United States

C. the high price of fuel (lamp) oil

D. the use of the Royal Navy in England to transport slaves

Chandler, Strategic Corporate Social Responsibility, 5e SAGE Publishing, 2020

Ans: A

Cognitive Domain: Knowledge

Answer Location: The Evolution of CSR

Difficulty Level: Medium

8. A central part of the moral argument for corporate social responsibility comes from the thinking that

A. businesses have to pay taxes, so they should have to be responsible in other ways as well

B. society cannot afford all its needs unless business is forced to go beyond just paying taxes

C. business leaders and shareholders make money, so they should be morally responsible to society, especially to the poor

D. a large part of business success comes as much from actions that are congruent with societal values and norms as from factors internal to the company

Ans: D

Cognitive Domain: Comprehension

Answer Location: Foundations of CSR | A Moral Argument for CSR

Difficulty Level: Hard

9. The rational argument for corporate social responsibility is summarized by the Iron Law of Social Responsibility, which states that ______.

A. ultimately it is government, not business, that is responsible for a satisfying society

B. responsibility for a just society is everyone’s responsibility

C. in a free society, discretionary abuse of societal responsibilities leads, eventually, to mandated reprisals

D. concern for CSR must be the first priority of the courts

Ans: C

Cognitive Domain: Comprehension

Answer Location: Foundations of CSR | A Rational Argument for CSR

Difficulty Level: Medium

10 Strategic CSR expounds the argument in favor of corporate social responsibility.

A. financial

B. economic

C. political

D. social

Ans: B

Cognitive Domain: Knowledge

Answer Location: Foundations of CSR | An Economic Argument for CSR

Difficulty Level: Medium

11. Which of the following is an example of an economic argument for corporate social responsibility?

Chandler, Strategic Corporate Social Responsibility, 5e SAGE Publishing, 2020
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