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Question
According to the textbook, which driving force of corporate social responsibility is most important?
A. affluence, because without money and care about social issues, CSR initiatives are moot
B. communication, because companies must successfully communicate with their stakeholders to remain profitable
C. sustainability, because addressing environmental issues is critical to the continuing success of businesses
D. The forces are all equally important and work together.
Answer
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Related questions
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One of the reasons that Amazon is successful is that it has achieved a core competency in managing its ______.
A. workforce
B. board of directors
C. products
D. supply chain
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In Europe, pressure for corporate social responsibility is more likely to come from ______.
A. courts
B. governments
C. nonprofits (NGOs)
D. competitors
Q:
Firms that sell based on price are likely ______.
A. to pay greater attention to corporate social responsibility
B. to have the resources to mount an effective corporate social responsibility campaign
C. to attract less attention from consumers on issues unrelated to price
D. to be big and thus attract greater attention from interest groups
Q:
One of the criticisms of Porters Five Forces model is that it assumes competition to be a ______ game among the firm and its various stakeholders.
A. zero-sum
B. cooperative
C. strategic
D. nationalistic
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The resources perspective on business strategy ______.
A. deemphasizes the external context in which the firm operates
B. has been disproven through research
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What are the firms most valuable resources or most innovative capabilities?
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Instead of valuing natural capital, current financial and accounting models treat essential natural components such as water and air quality as ______ when accounting for profits and losses. A. free B. long-term depreciation C. short-term depreciation D. contingent valuation
Q:
Although we have some intuitive sense of which firms are good and which are bad, we are presently unable to compare one firm to another reliably across all aspects of operations, because ______.
A. there is universal acceptance among firms to the idea of greater transparency
B. there is inherent difficulty of defining societal expectations
C. there are legal prohibitions to rating companies as good or bad in terms of CSR
D. there is inherent difficulty in finding firms willing to rate companies as good or bad
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Whole Foods Supermarkets use of a color-coded stoplight scale to assess and support sustainable seafood products is an example of which of the three interlinked steps in measuring CSR?
A. standardizing
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In your opinion, what was the primary cause of the BP oil companys series of serious accidents? In your response, you should explain whether or not stakeholders have it in their collective power to shape the firms that they populate their economies.
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Assuming a company found a profitable niche in serving the poorest 4 billion people in the world, how might such a breakthrough help the firm sell to the developed world at the top of the economic pyramid?
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Which of the following is not a component of Unilevers Sustainable Living Plan?
A. halve the environmental impact of its products
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Q:
The challenge we face as a society is to strike a balance between the part of our standard of living that is formed from the ______ of goods and services and the part that is formed from the ______ of goods and services.
A. production; consumption
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Q:
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A. economic problems
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The ______ is the notion that shareholders cannot second-guess management decisions.
A. management responsibility doctrine
B. business judgment rule
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How has the definition of what it means to be a shareholder changed over the history of the corporation?
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A share is a legal contract between the investor and the firm.
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In Delaware, the part of the firm that is given preeminence is ______.
A. the investor
B. the board of directors
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B. the business judgment rule
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Q:
An analysis of the history of the corporation, a review of existing legislation, and legal precedent all support to the conclusion that ______.
A. shareholders do not own the firm
B. shareholders are the owners of the firm
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Q:
What is corporate personhood, and how does it relate to corporate social responsibility?
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Value creation is the same for every business and every stakeholder.
Q:
The textbook author argues that ______ offers the most efficient tools to deliver social progress. A. government B. for-profit firms C. not-for-profit firms D. families
Q:
Benefit corporations and certified B Corps are ______.
A. legal entities in all states of the United States
B. primarily located in European countries
C. different names for the same types of companies
D. different entities, one a legal entity and the other a certification process