Question: 2-Marks and Spenser (M&S) launched an ambitious plan to become carbon neutral in all of its UK and Ireland stores. From the corporate social responsibility

2-Marks and Spenser (M&S) launched an ambitious plan to become carbon neutral in all of its UK and Ireland stores. From the corporate social responsibility point of view, what strategy has M&S adopted?

a. defensive strategy
b. proactive strategy
c. reactive strategy
d. accommodative strategy

3-From the corporate social responsibility point of view, a focus on regulatory compliance with little involvement by top management is what type of strategy?

a. reactive strategy
b. defensive strategy
c. accommodative strategy
d. proactive strategy

4-The key proposition of the stakeholder view of firms is that firms should not simply pursue the economic bottom line (profits) but a more balanced set of criteria called the triple bottom line. What types of performance does the triple bottom line consist of?

a. economic, social, and environmental performance
b. economic, cultural, and political
c. environmental, economic, and political
d. cultural, environmental, and economic

5-From the corporate social responsibility point of view, which of the following descriptions is correct about an accommodative strategy?

a. no support of top management for CSR causes
b. some support from top managers, who increasingly view CSR as a worthwhile endeavor
c. a focus on regulatory compliance with little involvement by top management
d. being responsible to do more than is required

6-From the corporate social responsibility point of view, a strategy that anticipates responsibility and endeavors to do more than is required is what type of strategy?

a. defensive strategy
b. proactive strategy
c. accommodative strategy
d. reactive strategy

7-The institution-based and resource-based views suggest managers should not blindly imitate other firm's CSR activities.

a. True
b. False

8-A primary CSR goal is global sustainability. What is global sustainability?

a. increasing social issue participation
b. achieving an optimal triple bottom line
c. maximizing shareholder value
d. meeting the needs of the present without compromising the ability of future generations to meet their needs

9-Stakeholder primacy places shareholders as the single most important stakeholder group.

a. True
b. False

10-Which description best describes global sustainability?

a. the ability to meet the needs of the present without compromising the ability of future generations to meet their needs around the world
b. the ability of a firm to create a set of standards for what is morally right and wrong when conducting business
c. the ability of a firm to sustain its competitive advantage as it expands around the globe
d. the ability of various countries to adopt a global set of ethical standards

11-Which of the following statements about CSR is true?

a. There is overwhelming evidence on a direct, positive link between CSR and economic performance such as profits and shareholder returns.
b. There is some convincing evidence on a direct, positive link between CSR and economic performance such as profits and shareholder returns.
c. There is no conclusive evidence on a direct, positive link between CSR and economic performance such as profits and shareholder returns.
d. No research has been done to determine the effects of CSR on economic performance such as profits and shareholder returns.

12-What is meant by the term "race to the bottom" in the arena of corporate social responsibility?

a. Organizations that produce items of necessity tend to have higher profits.
b. Green practices tend to increase corporate social responsibility.
c. To attract investment, developing countries may lower environmental standards and become "pollution havens."
d. Countries in the lower hemispheres tend to be more ethical.

13-According to economist Milton Friedman a company has no social responsibility to society. Its only responsibility is to its shareholders.

a. True
b. False

14-On a global level, income inequality between countries has declined over the last three decades.

a. True
b. False

15-A concern with calling for MNEs to undertake greater CSR engagement is that they will begin to engage in the political affairs of host countries.

a. True
b. False

16-A well-crafted CSR has the ability to do all of the following EXCEPT?

a. provide an ethical code of conduct for employees to follow
b. engage various stakeholders
c. address social and environmental concerns
d. build a more humane, inclusive, and fairer firm

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!