Instructor Resource Author, Book Title SAGE Publishing, 2017
Test Bank for Strategic Corporate Social Responsibility Sustainable Value Creation 4th Edition Chandler 1506310990 9781506310992 Download full test bank at: https://testbankpack.com/p/test-bank-for-strategic-corporate-social-responsibilitysustainable-value-creation-4th-edition-chandler-1506310990-9781506310992/
Chapter 5: Corporate Stakeholder Responsibility Test Bank Multiple Choice 1. The ________ argument for CSR assumes that firms act most effectively when they are incentivized to do so. a. economic b. moral c. rational d. ethical Ans: A Cognitive Domain: Knowledge Answer Location: Corporate Stakeholder Responsibility Difficulty Level: Easy 2. When will firms generally see stakeholder reactions to the firm’s decisions? a. Within 1 month b. Within 1 year c. Within 5 years d. There is no time limit on reactions. Ans: D Cognitive Domain: Comprehension Answer Location: Corporate Stakeholder Responsibility Difficulty Level: Medium 3. Which publication published Milton Friedman’s article “The Responsibility of Business to Increase Its Profits?” a. The Wall Street Journal b. The New York Times Magazine c. The Economist d. Forbes Ans: B Cognitive Domain: Knowledge Answer Location: CSR: A Corporate Responsibility?—Milton Friedman Versus Charles Handy Difficulty Level: Medium 4. What did Milton Friedman argue in his seminal 1970 article published in The Wall Street Journal?