Question 1

Should Starbucks form partnerships with farmers in Guatemala? Why or why not?

Accepted Answer

Answers will vary but must provide a cle...

Question 2

High-frequency traders

Accepted Answer

A)  base decisions on a company's long-term future prospects.
B)  base decisions on a company's diverse set of stakeholders.
C)  do not base decisions on a company's primary stakeholders.
D)  do not base decisions on a company's long-term future prospects. D

Question 3

Which of the following is NOT a criticism of fair trade?

Accepted Answer

A)  Fair trade distorts the market by encouraging the overproduction of goods that are economically unsustainable.
B)  Fair trade does not really improve the incomes or working conditions of farmers and workers in the developing world.
C)  Fair trade is open to abuse by firms that want to appear more socially responsible than they actually are.
D)  The certification process of defining what is fair is open to debate.

Question 4

When did the UK government pass the Modern Slavery Act?

Accepted Answer

A)  1965
B)  1975
C)  1995
D)  2015 D

Question 5

Which of the following is NOT an example of strategic CSR?

Accepted Answer

A)  Dell plants a tree for each computer it sells.
B)  Nike addresses the issue of a livable wage in countries where its products are manufactured.
C)  Budweiser provides education about alcohol abuse to high school students.
D)  Unilever provides affordable cleaning products in developing countries. A

Question 6

Global retail sales of Fairtrade products reached an estimated ________ in 2013.

Accepted Answer

A)  £1.4 billion ($2 billion) 
B)  £2.4 billion ($3.5 billion) 
C)  £4.4 billion ($6.3 billion) 
D)  £10.4 billion ($15 billion)

Question 7

Which activist organization's activity resulted in Shell's change of course regarding the breakup of the Brent Spar oil platform?

Accepted Answer

A)  EarthFirst!
B)  Greenpeace
C)  Rainforest Action Network (RAN) 
D)  Sierra Club

Question 8

Strategic CSR is essentially the intersection between sustainability and business ethics.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is NOT one of the three levels in Porter and Kramer's framework for incorporating a social decision in firms' strategic decision making?

Accepted Answer

A)  Generic social issues
B)  Strategic corporate philanthropy
C)  Value chain social impacts
D)  Social dimensions of the competitive context

Question 10

For a US chocolate company,addressing the issue of child labor in the countries where cocoa beans are harvested is

Accepted Answer

A)  a generic social issue.
B)  strategic corporate philanthropy.
C)  a value chain social impact.
D)  the social dimension of a competitive context.

Question 11

According to the textbook,strategic CSR is not about ________ but instead is about ________.

Accepted Answer

A)  philanthropy; day-to-day operations
B)  day-to-day operations; profit optimization
C)  profit optimization; day-to-day operations
D)  day-to-day operations; strategic corporate philanthropy

Question 12

Describe the perspectives of Bill Gates and Muhammad Yunus on the future of capitalism.Do you agree with these perspectives? Explain your reasoning.

Accepted Answer

Answers must include references to "cari...

Question 13

Today,the United States makes approximately ________ percent of the clothing its consumers purchased compared to ________ percent in 1990.

Accepted Answer

A)  3,50
B)  25,75
C)  75,25
D)  10,80

Question 14

In 2013,more than 1,100 people were crushed to death when a clothing factory complex collapsed in what country?

Accepted Answer

A)  Bangladesh
B)  India
C)  Indonesia
D)  Pakistan

Question 15

What can societal stakeholders expect from firms in terms of supply chain management?

Accepted Answer

Answers should highlight the challenges ...

Question 16

________ seek firms with a share price that reflects sound economic fundamentals,while ________ seek firms based on whether they the share price will rise.

Accepted Answer

A)  Speculators,investors
B)  Investors,speculators
C)  Stakeholders,shareholders
D)  Shareholders,stakeholders

Question 17

In what decade did the Fair Trade label first appear?

Accepted Answer

A)  1960s
B)  1970s
C)  1980s
D)  1990s

Question 18

According to the textbook,the firm

Accepted Answer

A)  exists independently of its stakeholders.
B)  exists to solve social,moral,and ethical problems.
C)  exists only with the support of shareholders.
D)  does not exist independently of its stakeholders.

Question 19

When a US retail clothing company outsources production overseas,it addresses the issue of a livable wage within the United States.According to Porter and Kramer's framework,what is this an example of?

Accepted Answer

A)  A generic social issue
B)  Strategic corporate philanthropy
C)  Value chain social impacts
D)  The social dimension of a competitive context

Question 20

Globalization has dramatically changed the clothing industry over the past 25 years.Describe the changes that have occurred and analyze their effects on firms from a corporate social responsibility perspective.

Accepted Answer

Answers must clearly describe ...

Exam 12: Strategic CSR

Should Starbucks form partnerships with farmers in Guatemala? Why or why not?

Correct AnswerverifiedAnswers will vary but must provide a cle...View AnswerShow Answer

High-frequency traders

Correct AnswerverifiedD

Which of the following is NOT a criticism of fair trade?

Correct AnswerverifiedShow Answer

When did the UK government pass the Modern Slavery Act?

Correct AnswerverifiedD

Which of the following is NOT an example of strategic CSR?

Correct AnswerverifiedA

Global retail sales of Fairtrade products reached an estimated ________ in 2013.

Correct AnswerverifiedShow Answer

Which activist organization's activity resulted in Shell's change of course regarding the breakup of the Brent Spar oil platform?

Correct AnswerverifiedShow Answer

Strategic CSR is essentially the intersection between sustainability and business ethics.

Correct AnswerverifiedShow Answer

Which of the following is NOT one of the three levels in Porter and Kramer's framework for incorporating a social decision in firms' strategic decision making?

Correct AnswerverifiedShow Answer

For a US chocolate company,addressing the issue of child labor in the countries where cocoa beans are harvested is

Correct AnswerverifiedShow Answer

According to the textbook,strategic CSR is not about ________ but instead is about ________.

Correct AnswerverifiedShow Answer

Describe the perspectives of Bill Gates and Muhammad Yunus on the future of capitalism.Do you agree with these perspectives? Explain your reasoning.

Correct AnswerverifiedAnswers must include references to "cari...View AnswerShow Answer

Today,the United States makes approximately ________ percent of the clothing its consumers purchased compared to ________ percent in 1990.

Correct AnswerverifiedShow Answer

In 2013,more than 1,100 people were crushed to death when a clothing factory complex collapsed in what country?

Correct AnswerverifiedShow Answer

What can societal stakeholders expect from firms in terms of supply chain management?

Correct AnswerverifiedAnswers should highlight the challenges ...View AnswerShow Answer

________ seek firms with a share price that reflects sound economic fundamentals,while ________ seek firms based on whether they the share price will rise.

Correct AnswerverifiedShow Answer

In what decade did the Fair Trade label first appear?

Correct AnswerverifiedShow Answer

According to the textbook,the firm

Correct AnswerverifiedShow Answer

When a US retail clothing company outsources production overseas,it addresses the issue of a livable wage within the United States.According to Porter and Kramer's framework,what is this an example of?

Correct AnswerverifiedShow Answer

Globalization has dramatically changed the clothing industry over the past 25 years.Describe the changes that have occurred and analyze their effects on firms from a corporate social responsibility perspective.

Correct AnswerverifiedAnswers must clearly describe ...View AnswerShow Answer

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Answers will vary but must provide a cle...
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According to the textbook,strategic CSR is not about but instead is about .

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Answers must include references to "cari...
View Answer

Today,the United States makes approximately percent of the clothing its consumers purchased compared to percent in 1990.

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Answers should highlight the challenges ...
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seek firms with a share price that reflects sound economic fundamentals,while seek firms based on whether they the share price will rise.

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Answers must clearly describe ...
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