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Question
Focusing on organizational goals, such as quarterly earnings, rather than individual actions can lead to ______.
A. greater short-term profits
B. greater awareness of the ethical implications of actions
C. a loss of awareness of ethical implications
D. weaker short-term profits
Answer
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Related questions
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B. board of directors
C. products
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A. courts
B. governments
C. nonprofits (NGOs)
D. competitors
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A. to pay greater attention to corporate social responsibility
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C. to attract less attention from consumers on issues unrelated to price
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A. zero-sum
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The resources perspective on business strategy ______.
A. deemphasizes the external context in which the firm operates
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Enron is a good example of how good things had become in terms of corporate responsibility at the end of the 20th century.
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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
Q:
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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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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.
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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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A. the investor
B. the board of directors
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A. shareholders do not own the firm
B. shareholders are the owners of the firm
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Value creation is the same for every business and every stakeholder.
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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