orate Social Responsibility Sustainable Value Creation 4th Edition By Chandler - Test Bank
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Course
Social Test Bank
Institution
Social Test Bank
Chapter 3: Corporate Rights and Responsibilities
Test Bank
Multiple Choice
1. Which of the following is NOT an objective outcome of corporate social responsibility?
a. A large retail chain pays its employees a living wage.
b. A small business implements a recycling program.
c. A firm focu...
Multiple Choice
1. Which of the following exists to define the rules and structures of society within which all organizations
must operate?
a. For-profits
b. Governments
c. Nonprofits
d. Religion
Ans: B
Cognitive Domain: Knowledge
Answer Location: What Is CSR?
Difficulty Level: Easy
2. Which of these is NOT a for-profit business?
a. Facebook
b. Nike
c. Red Cross
d. Uber
Ans: C
Cognitive Domain: Comprehension
Answer Location: What Is CSR?
Difficulty Level: Easy
3. Which of the following is NOT part of Archie Carroll’s pyramid of corporate social responsibility?
a. Stakeholder responsibility
b. Legal responsibility
c. Discretionary responsibility
d. Ethical responsibility
Ans: A
Cognitive Domain: Comprehension
Answer Location: A New Definition of CSR
Difficulty Level: Easy
4. An application of Milton Friedman’s argument is
a. providing workers time off to volunteer in their communities.
b. establishing a recycling program.
c. maximizing shareholder returns.
d. clearly defining ethical concerns along a product’s supply chain.
Ans: C
Cognitive Domain: Application
Answer Location: What Is CSR?
Difficulty Level: Medium
5. In the 1790s, consumer boycotts occurred in reactions to which of the following?
a. Slave-harvested sugar
b. Cheap cotton from the United States
c. The high price of fuel (lamp) oil
d. The use of the Royal Navy in England to transport slaves
Ans: A
,Cognitive Domain: Knowledge
Answer Location: The Evolution of CSR
Difficulty Level: Medium
6. A central part of the moral argument for corporate social responsibility comes from the thinking that
a. businesses have to pay taxes, so they should have to be responsible in other ways as well.
b. society cannot afford all its needs unless business is forced to go beyond just paying taxes.
c. business leaders and shareholders make money, so they should be morally responsible to society,
especially to the poor.
d. a large part of business success comes as much from actions that are congruent with societal values
and norms as from factors internal to the company.
Ans: D
Cognitive Domain: Comprehension
Answer Location: Foundations of CSR—A Moral Argument for CSR
Difficulty Level: Hard
7. The rational argument for corporate social responsibility is summarized by the Iron Law of Social
Responsibility, which states that
a. ultimately it is government, not business, that is responsible for a satisfying society.
b. responsibility for a just society is everyone’s responsibility.
c. in a free society, discretionary abuse of societal responsibilities leads, eventually, to mandated
reprisals.
d. concern for CSR must be the first priority of the courts.
Ans: C
Cognitive Domain: Comprehension
Answer Location: Foundations of CSR—A Rational Argument for CSR
Difficulty Level: Medium
8. Strategic CSR expounds the ________ argument in favor of corporate social responsibility.
a. Financial
b. Economic
c. Political
d. Social
Ans: B
Cognitive Domain: Knowledge
Answer Location: Foundations of CSR—An Economic Argument for CSR
Difficulty Level: Medium
9. Which of the following is an example of an economic argument for corporate social responsibility?
a. A company invests in clean energy for its vehicles because it saves money on transportation.
b. A company installs skylights in its stores to lower lighting costs.
c. A company provides gym memberships to its employees to lower healthcare costs.
d. All of the above are examples of economic arguments for CSR.
Ans: D
Cognitive Domain: Application
Answer Location: Foundations of CSR—An Economic Argument for CSR
Difficulty Level: Medium
10. “In a democratic society, power is taken away from those who abuse it” is a workable definition of:
a. Carroll’s CSR rule
b. The Iron Law of Social Responsibility
c. The Alien Tort Claims Act
d. An accommodative view of CSR
Ans: B
Cognitive Domain: Application
, Answer Location: Foundations of CSR—A Rational Argument for CSR
Difficulty Level: Medium
11. Energy companies and industrial manufacturers set up the United States Climate Action Partnership
(USCAP), which supports carbon limits and trading. This is an illustration of which argument for corporate
social responsibility?
a. Ethical
b. Moral
c. Rational
d. Economic
Ans: C
Cognitive Domain: Comprehension
Answer Location: Foundations of CSR—A Rational Argument for CSR
Difficulty Level: Medium
12. In contrast to Milton Friedman’s argument, David Packard argued that
a. businesses exist not only to make money but also to contribute to society.
b. the sole purpose of businesses is to make money.
c. businesses need not consider all stakeholders.
d. shareholders are responsible for the larger community within which a firm operates.
Ans: A
Cognitive Domain: Comprehension
Answer Location: What Is CSR?
Difficulty Level: Medium
13. Which of the following best describes nonprofit organizations?
a. They emerge to do social good when the political will or the profit motive is insufficient to address
society’s needs.
b. They emerge primarily to meet the religious or spiritual needs of a society.
c. They emerge to supplement businesses that do not make profits.
d. They emerge to meet the needs of governments that do not have adequate financial resources to
address society’s needs.
Ans: A
Cognitive Domain: Comprehension
Answer Location: What Is CSR?
Difficulty Level: Easy
14. According to Archie Carroll’s pyramid of corporate social responsibility, a firm’s ________ is to
produce an acceptable return for investors.
a. economic responsibility
b. legal responsibility
c. ethical responsibility
d. discretionary responsibility
Ans: A
Cognitive Domain: Knowledge
Answer Location: A New Definition of CSR
Difficulty Level: Easy
15. According to Archie Carroll’s pyramid of corporate social responsibility, a firm’s ________ is to act
within the framework of laws and regulations drawn up by the government and judiciary.
a. economic responsibility
b. legal responsibility
c. ethical responsibility
d. discretionary responsibility
Ans: B
Cognitive Domain: Knowledge
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