All of the following are external stakeholders of the firm except:
Answer
· Question 3
5 out of 5 points
Which one of the following is considered to be a nonmarket stakeholder of business?
Answer
· Question 4
5 out of 5 points
The five types of stakeholders’ power recognized by most experts are:
Answer
· Question 5
5 out of 5 points
Interactions between business and society occur:
Answer
· Question 6
5 out of 5 points
The instrumental argument says stakeholder management is:
Answer
· Question 7
5 out of 5 points
When a community group sues a company for health effects caused by the unsafe disposal of toxic chemicals, this is an exercise of a stakeholder’s:
Answer
· Question 8
5 out of 5 points
Customers can exercise economic stakeholder power by:
Answer
· Question 9
5 out of 5 points
A firm subscribing to the ownership theory of the firm would mainly be concerned with providing value for its:
Answer
· Question 10
5 out of 5 points
A stakeholder analysis:
Answer
· Question 11
5 out of 5 points
The phenomenon of a person or group holding multiple stakeholder duties is referred to as:
Answer
· Question 12
5 out of 5 points
A number of European countries require public companies to include employee members on their boards of directors, so:
Answer
· Question 13
5 out of 5 points
Which of the following is not considered to be a nonmarket stakeholder?
Answer
· Question 14
5 out of 5 points
With the explosive growth of technologies that facilitate the sharing of information, this kind of stakeholder power has become increasingly important:
Answer
· Question 15
5 out of 5 points
Which argument says that stakeholder management realistically depicts how companies really work?
Answer
2
4
· on 1
5 out of 5 points
Representation on the World Bank’s board of directors is based on:
Answer
· Question 2
5 out of 5 points
Single-party rule by communist parties still remains in:
Answer
· Question 3
5 out of 5 points
A critic of globalization might argue that companies decide to manufacture in China mainly because of China’s:
Answer
· Question 4
5 out of 5 points
Global market channels involve a firm producing goods in:
Answer
· Question 5
5 out of 5 points
The purpose of the World Trade Organization is to:
Answer
· Question 6
5 out of 5 points
The term “race to the bottom” refers to:
Answer
·
According to a survey conducted by The Economist in 2008, how many respondents say corporate citizenship can help increase their companies’ profits?
Answer
· Question 19
5 out of 5 points
According to the scholar Simon Zadek six benefits of social audits include all of the following except.
Answer
· Question 20
5 out of 5 points
A systematic evaluation of an organization’s social, ethical, and environmental performance is called a(n):
Answer
· Question 21
5 out of 5 points
The Ronald McDonald House charity, operated by McDonald’s has been criticized for:
Answer
· Question 22
5 out of 5 points
The Universal Declaration of Human Rights states that each person:
Answer
· Question 23
5 out of 5 points
According to Philip H. Mirvis’ and Bradley K. Googins’ model, how many stages are there of global corporate citizenship?
Answer
· Question 24
5 out of 5 points
Which of the following is not a motivation for publishing a corporate social report?
Answer
· Question 25
5 out of 5 points
Companies see the need to build more coherent initiatives as they move into the:
Answer
· Question 26
0 out of 5 points
The emerging trend in gathering audit information directly from workers using their mobile phones is called:
Answer
· Question 27
0 out of 5 points
Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the:
Answer
· Question 28
5 out of 5 points
This Switzerland-based pharmaceutical firm was an early adopter of the Global Compact and used it to update its code of conduct.
Answer
· Question 29
5 out of 5 points
When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:
Answer
· Question 30
5 out of 5 points
Some companies h
5
·
The primary way of accomplishing public policy is through:
Answer
· Question 2
0 out of 5 points
Total social regulation costs are:
Answer
· Question 3
0 out of 5 points
Managers’ understanding of government regulations is:
Answer
· Question 4
5 out of 5 points
Policies that affect the supply, demand, and value of a nation’s currency are:
Answer
· Question 5
5 out of 5 points
When a government orders companies not to conduct business in another country because of a war, human rights violations, or lack of a legitimate government; these orders are called:
Answer
· Question 6
5 out of 5 points
Public policy effects are:
Answer
· Question 7
5 out of 5 points
The Mullahs in Iran is an example of the power of government derived from:
Answer
· Question 8
5 out of 5 points
Economic regulations:
Answer
· Question 9
5 out of 5 points
Studies show that texting while driving is:
Answer
· Question 10
5 out of 5 points
Patterns of government taxing and spending that are intended to stimulate or support the economy are:
Answer
· Question 11
0 out of 5 points
Which car company did not seek bailout loans from the U.S. government following the 2009 worldwide economic recession?
Answer
· Question 12
5 out of 5 points
Government’s role is to create and enforce laws that:
Answer
· Question 13
5 out of 5 points
Public policy is a basic set of goals, plans and actions undertaken by:
Answer
· Question 14
5 out of 5 points
Governments being asked to ban the use of cell phones by drivers are examples of a public policy:
Answer
· Question 15
5 out of 5 points
Public policy tools involve a combination of:
Answer
· Question 16
5 out of 5 points
Trade associations are:
Answer
· Question 17
5 out of 5 points
When a firm solicits its stockholders for political contributions for a particular candidate by letter and then sends those contributions to the candidate on behalf of its stockholders, it is called:
Answer
· Question 18
0 out of 5 points
Which type of organization’s political action committee gave the greatest amount by total contribution in 2011 – 2012?
Answer
· Question 19
5 out of 5 points
When managers become personally involved in developing public policy, the firm is at what level of business political involvement?
Answer
· Question 20
5 out of 5 points
Lobbyists, under U.S. law, must disclose their:
Answer
· Question 21
0 out of 5 points
A corporate political strategy does not:
Answer
· Question 22
5 out of 5 points
One of the most common financial-incentive strategy tools is:
Answer
· Question 23
5 out of 5 points
Which of the following is not a constituency-building strategy tool?
Answer
· Question 24
0 out of 5 points
Since 1998, the total amount spent on lobbying activity has increased about:
Answer
· Question 25
5 out of 5 points
To influence government policymakers’ actions, an information strategy involves:
Answer
· Question 26
5 out of 5 points
Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have:
Answer
· Question 27
5 out of 5 points
Advocacy ads are also called:
Answer
· Question 28
5 out of 5 points
Companies have been permitted to contribute to political action committees since:
Answer
· Question 29
5 out of 5 points
The information strategy tool most used by business is:
Answer
· Question 30
5 out of 5 points
When a business seeks to overturn a law after it has been passed or threatens to challenge the legal legitimacy of the new regulation in the courts, this is called:
Answer
6
·
his company called its plan to tackle climate change “Plan A” because there is no “Plan B”:
Answer
· Question 2
5 out of 5 points
Which of the following is an example of a nonrenewable resource?
Answer
· Question 3
5 out of 5 points
By promoting the use of clean cookstoves in developing nations, a global alliance hopes to reduce:
Answer
· Question 4
5 out of 5 points
The most successful global businesses in coming years will be those companies that:
Answer
· Question 5
0 out of 5 points
Rapid economic development is often accompanied by:
Answer
· Question 6
5 out of 5 points
A shared resource, such as land, air, or water, that a group of people uses collectively is a(n):
Answer
· Question 7
0 out of 5 points
Which of the following is an example of industrial ecology in practice?
Answer
· Question 8
5 out of 5 points
Depletion of the ozone layer, destruction of the rain forests, and species extinctions all have an impact on:
Answer
· Question 9
5 out of 5 points
Which of the following countries has not ratified the Kyoto Protocol?
Answer
· Question 10
5 out of 5 points
The commitments of the Convention on Biological Diversity include:
Answer
· Question 11
5 out of 5 points
In which year was the first World Summit on Sustainable Development held?
Answer
· Question 12
5 out of 5 points
A thin layer of gas that protects the earth from excessive ultraviolet radiation from the sun is:
Answer
· Question 13
5 out of 5 points
The idea that companies have a continuing responsibility for the environmental impact of their products or services, even after they are sold is called:
Answer
· Question 14
0 out of 5 points
The Sustainability Consortium organized to advance life-cycle analysis for thousands of products includes all of the following companies except:
Answer
· Question 15
5 out of 5 points
The Carbon Disclosure Project found that:
Answer
· Question 16
0 out of 5 points
Which of the following is not true about the guidelines for sentencing environmental wrongdoers set by the U.S. Sentencing Commission?
Answer
· Question 17
5 out of 5 points
Being able to continue their activities indefinitely, without altering the carrying capacity of the earth’s ecosystem, is a characteristic of:
Answer
· Question 18
5 out of 5 points
Which of the following is the most advanced stage of corporate environmental responsibility?
Answer
· Question 19
0 out of 5 points
Which country has made the greatest progress in reducing its solid waste stream?
Answer
· Question 20
5 out of 5 points
Which of the following is indicative of a firm in the pollution prevention stage of the corporate environmental responsibility model?
Answer
· Question 21
0 out of 5 points
Hydraulic fracturing, or “fracking,” has the following benefit:
Answer
· Question 22
5 out of 5 points
When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives this is called:
Answer
· Question 23
5 out of 5 points
The Environmental Protection Agency (EPA) was created:
Answer
· Question 24
0 out of 5 points
In 2011 how many of the world’s top 250 companies issued an integrated sustainability report?
Answer
· Question 25
5 out of 5 points
When environmentally proactive companies seek out imaginative, innovative new methods for reducing pollution and increasing efficiency, they are adopting which strategy?
Answer
· Question 26
5 out of 5 points
Some researchers believe that business firms moving towards ecological sustainability results in:
Answer
· Question 27
5 out of 5 points
Which of the following is true about the Toxic Substances Control Act?
Answer
· Question 28
5 out of 5 points
Subaru Automotive of America’s effort to minimize waste is an example of:
Answer
· Question 29
5 out of 5 points
When companies develop a reputation for environmental excellence, and they produce and deliver products and services designed to attract environmentally aware customers, this is called:
Answer
· Question 30
5 out of 5 points
Companies that reduce pollution and hazardous waste, reuse or recycle materials, and operate with greater energy efficiency achieve a competitive advantage due to:
Answer
8-
·
1
The mission of the Securities and Exchange Commission (SEC) is to:
Answer
· Question 2
5 out of 5 points
The paramount duty of the board of directors of a public corporation is to:
Answer
· Question 3
0 out of 5 points
The directors of a company are a central factor in corporate governance because they:
Answer
· Question 4
5 out of 5 points
The board committee that administers and approves salaries and benefits of high-level managers in a company is called the:
Answer
· Question 5
0 out of 5 points
Which of the following is not an argument for high executive compensation?
Answer
· Question 6
5 out of 5 points
The activism of institutional investors in other countries has been spearheaded by:
Answer
· Question 7
5 out of 5 points
Corporate governance involves the exercise of control over a company’s:
Answer
· Question 8
0 out of 5 points
Which of the following is a key feature of effective boards of directors?
Answer
· Question 9
0 out of 5 points
In 2010, median compensation for directors at the largest U.S. corporations was (rounded to the nearest $10):
Answer
· Question 10
5 out of 5 points
A reason for institutions becoming more assertive in promoting the interests of their member investors is:
Answer
· Question 11
5 out of 5 points
In response to concerns about the lack of transparency in financial accounting, Congress passed a new law called the:
Answer
· Question 12
0 out of 5 points
Institutional investors are sometimes referred to as:
Answer
· Question 13
5 out of 5 points
Which of the following is not a function of board committees?
Answer
· Question 14
5 out of 5 points
How are directors (members of corporate boards) selected?
Answer
· Question 15
5 out of 5 points
Which of the following arguments opposes the idea of high executive pay?
Answer
· Question 16
5 out of 5 points
Consumers have become more dependent on businesses for product quality because:
Answer
· Question 17
5 out of 5 points
The law requiring that toys and infant products be tested before sale is called the:
Answer
· Question 18
5 out of 5 points
Online shoppers have always been concerned that:
Answer
· Question 19
5 out of 5 points
Which of the following limits the collection of information online from and about children under the age of 13?
Answer
· Question 20
5 out of 5 points
In the United States, which of the following agencies enforces the laws prohibiting deceptive advertising?
Answer
· Question 21
5 out of 5 points
An identifying marker placed on a user’s computer hard drive during visits in order to identify the user during each subsequent visit and to build profiles of their behavior over time is called a:
Answer
· Question 22
5 out of 5 points
The act that requires lenders to inform borrowers of the annual rate of interest to be charged, plus related fees and services charges is called:
Answer
· Question 23
0 out of 5 points
Under what legal doctrine does a firm bear legal responsibility for injuries caused by something it made or sold, whether or not it was negligent or breached a warranty?
Answer
· Question 24
5 out of 5 points
Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of such a measure?
Answer
· Question 25
0 out of 5 points
Under proposals to establish uniform federal standards for determining liability:
Answer
· Question 26
5 out of 5 points
In some cases, businesses have banded together to agree on how they will treat their customers. This is called:
Answer
· Question 27
5 out of 5 points
Which of the following is not a goal of consumer protection laws?
Answer
· Question 28
5 out of 5 points
Which organization brings together 300 nonprofit groups to espouse the consumer viewpoint?
Answer
· Question 29
0 out of 5 points
Advertising that is targeted to particular customers, based on their observed online behavior, is called:
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