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 |
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