SUBJECT EXAMINATION COURSE 607 - LESSON 20

MULTIPLE CHOICE:

Question I :Fair trade can be defined as:

(a)Trade between two countries of similar size

(b)Trade between two countries of similar wealth

(c)Farmers receiving a fair wage for their work

(d)Farmers receiving a fair exchange for their goods

Question 2:In 2006, which fast food chain distributed fair trade products?

(a)McDonalds

(b)Burger King

(c)Wendy's

(d)Subway

Question 3:In 2011, which company had 24 percent of its sales come from fair trade products?

(a)Starbucks

(b)Mountain People's Co-Op

(c)Green Mountain Coffee Roasters

(d)Dunkin Donuts

Question 4:Why is the case scenario titled "When Is Fair Trade Not Fair?"

(a)Because the farmers are not getting fair access to their land

(b)Because the farmers are not getting the right equipment to farm the land

(c)Because the farmers may not be getting all the benefits of a fair wage

(d)Because the farmers are not allowed to negotiate the price of the crops

Question 5:A stakeholder can be defined as an individual who:

(a)Is part of a group whose support is necessary for the firm to survive

(b)Has a financial interest in the firm

(c)Has a financial or legal claim to money generated by the firm

(d)Analyzes the financial performance of the firm

Question 6:Which of the following is not a classification of a type of manager based on moral values?

(a)Immoral

(b)Unmoral

(c)Amoral

(d)Moral

Question 7:A manager who is considered to be ethically neutral is what type of manager?

(a)Immoral

(b)Unmoral

(c)Amoral

(d)Moral

Question 8:What type of manager treats employees as human resources, not just a means of production?

(a)Immoral

(b)Unmoral

(c)Amoral

(d)Moral

Question 9:Traditional stakeholders for a firm include all of the following except:

(a)Employees

(b)Suppliers

(c)The government

(d)Competitors

Question 10:is the extent to which the organization can influence or impose its will on the stakeholder group.

(a)Power

(b)Legitimacy

(c)Urgency

(d)Reliability

Question 11: The triple bottom line concept was developed by:

(a)Frederick Young

(b)Albert Mason

(c)Stephen Rout

(d)John Elkington

Question 12: Which of the following is not one of the key trust factors between the firm and the stakeholder?

(a)Rational prediction of outcomes

(b)Emotion

(c)Financial return

(d)A clear moral element

Question 13: Suppliers are key players in the stakeholder spectrum. Intel Corporation has developed a code of conduct. Which of these is not a component of the code?

(a)The supplier must be in strict compliance with the law

(b)The supplier must be U.S. registered

(c)The supplier must have respect for competition

(d)The supplier must not have any conflicts of interest with other parties

Question 14:Nongovernmental organizations (NGOs) are increasinglyimportant stakeholders to firms as influencers, on such aspects as human rights, the natural environment, and in the emerging world . Which is a not a factor to consider when working with NGOs?

(a)Transaction costs

(b)Brand impact

(c)Competitive position

(d)Financial stability

Question 15: According to the three-dimensional model of corporate performance presented by Archie Carroll, all of the following are questions that should be asked except:

(a)What components should be included in the definition of corporate social responsibility?

(b)What are the overall external social issues that the firm must acknowledge?

(c)How can the firm maximize profitability?

(d)How will the firm address the social issues that affect its operations?

Question 16: Which of the following terms is not a model of corporate social responsibility?

(a)Business case model

(b)Social values-led model

(c)Syncretic stewardship model

(d)Profit maximization model

Question 17: A function or task that was previously done within a company to an external third party is called:

(a)External transfer

(b)Third party allocation

(c)Outsourcing

(d)Task re-direction

Question 18: Which country has a "caste" system in which the people in the lowest "caste" level would only do the most menial tasks?

(a)China

(b)Mexico

(c)Indonesia

(d)India

Question 19: Which of the following is not an ethical issue in the manufacturing process?

(a)Safety

(b)Quality

(c)Price competitive

(d)Authentic

Question 20: The obligation companies have to develop and implement courses of action that aid in social issues is called:

(a)Corporate social obligation

(b)Corporate social responsibility

(c)Corporate social action

(d)Corporate social performance

Question 21: In Carroll's pyramid of corporate social responsibility, what responsibility is at the top of the pyramid?

(a)Ethical

(b)Legal

(c)Economic

(d)Philanthropic

Question 22: Which of the following types of firms recognizes the current and future benefits of interactions with various stakeholders?

(a)Skeptical firm

(b)Pragmatic firm

(c)Engaged firm

(d)Idealistic firm

Question 23: Which of the following approaches is not a model of employee engagement with CSR?

(a)Transactional

(b)Philanthropic

(c)Relational

(d)Developmental

Question 24: Which of the following types of philanthropy configuration is based on a firm having both a low-market and low-competence orientation?

(a)Constricted philanthropy

(b)Peripheral philanthropy

(c)Dispersed philanthropy

(d)Strategic philanthropy

Question 25: All of the following are strategic configurations related to corporate philanthropy

except:

(a)Targeted philanthropy

(b)Peripheral philanthropy

(c)Dispersed philanthropy

(d)Strategic philanthropy