 |
| 1 | |
A traditional business model is one: |
| | A) | which is very rare. |
| | B) | which is the basis of only a few companies. |
| | C) | in which the central strategy for creating value is based on meeting market demands. |
| | D) | in which the central strategy for creating value is based on mitigating social problems. |
|
|
|
| 2 | |
In terms of the spectrum of responses to social demands, which of the following is an expansive response? |
| | A) | Obey the law, deny further obligations, make a profit. |
| | B) | Obey the law, respond to pressures, accept some added duties. |
| | C) | Anticipate new demands, respond to pressures, make a profit. |
| | D) | Anticipate new demands, alter behavior before any pressure, make CSR a competitive weapon. |
|
|
|
| 3 | |
Which of the following statements about a CSR review is false? |
| | A) | It can begin with a definition of CSR to provide a focus. |
| | B) | It explores regulatory requirements, but cannot examine competitors' initiatives. |
| | C) | It involves a discovery of core values. |
| | D) | It involves an engagement of stakeholders to reveal expectations in society. |
|
|
|
| 4 | |
A strategy: |
| | A) | is a basic approach or plan for achieving an objective. |
| | B) | shows the relationship of stakeholders to a firm. |
| | C) | is a brief statement of the basic purpose of an organization. |
| | D) | is the implementation of an immediate action for achieving an objective. |
|
|
|
| 5 | |
At most companies, corporate social responsibility is still _____, and largely _____, to core business strategies. |
| | A) | essential; fundamental |
| | B) | circumstantial; intentional |
| | C) | incidental; supplemental |
| | D) | supplemental; incidental |
|
|
|
| 6 | |
An assessment of the social impact of a corporation on society is called a: |
| | A) | cause-related marketing assessment. |
| | B) | venture philanthropy. |
| | C) | social audit. |
| | D) | sustainability reporting. |
|
|
|
| 7 | |
Which of the following statements about the triple bottom line concept is true? |
| | A) | Its purpose is to appraise the overall impact of a firm's operations by using only traditional financial results. |
| | B) | It is now the consensus approach to sustainability reporting as it indulges a range of demanding stakeholders. |
| | C) | Results across financial and non-financial bottom lines can be compared by using a common unit of measurement. |
| | D) | The triple bottom line has become the most accepted approach to CSR reporting because it is an elegant calculation. |
|
|
|
| 8 | |
Which of the following is a social performance indicator? |
| | A) | Habitats protected or restored |
| | B) | Employee wages and benefits |
| | C) | Number of jobs supported in the supply chain and distribution chain |
| | D) | Total value of financial and in-kind contributions to political parties and politicians |
|
|
|
| 9 | |
Checkbook philanthropy is: |
| | A) | a variant of strategic philanthropy in which charitable contributions are based on purchases of a product. |
| | B) | a traditional, active form of corporate philanthropy. |
| | C) | a form of corporate philanthropy in which charitable activities reinforce strategic business goals. |
| | D) | characterized by donations to multiple worthy causes without any relationship to business strategy. |
|
|
|
| 10 | |
In distinctive ways, new philanthropists either themselves or through their companies, apply the business methods that made them rich to the field of philanthropy, blurring the line between charity and business, seeking to harness market forces. This new philanthropy is often called: |
| | A) | checkbook philanthropy. |
| | B) | high impact philanthropy. |
| | C) | philanthrocapitalism. |
| | D) | microphilanthropy. |
|
|
.