Managing For Sustainability Set 1
On This Page
This set of Managing for Sustainability Multiple Choice Questions & Answers (MCQs) focuses on Managing For Sustainability Set 1
Q1 | CSR stands for
- Corporate Search and Rescue
- Corporate Social Responsibility
- Corporate Sensitive Reliability
- Corporate Social Reality
Q2 | All those who are affected by or can affect the ~perations of the organisation are known as:
- Owners
- interested parties
- stakeholders
- stockholders
Q3 | The stakeholder view of social responsibility states that organisations must respond to the needs of
- employees and customers
- shareholders and owners
- all interested parties
- all those who might sue the organisation
Q4 | A firm is said to have good corporate social performance when:
- stockholders invest in socially responsible causes
- charitable deductions are automatically deducted from pay without the consent of employees
- the company has not been convicted of ethical violations for five consecutive years
- stakeholders are satisfied with its level of social responsibility
Q5 | A socially responsible mutual fund will only purchase stocks in companies that
- have a no-smoking policy in place
- have a culturally diverse management team
- hire some job candidates who are HIV positive
- have good social performance.
Q6 | A whistle blower is an employee who
- exposes organisational wrongdoing
- complains a lot to company management
- engages in un-ethical behavior
- referees disputes with other employees
Q7 | Which one of the follciwing approaches to creating an ethical and socially responsible workplace is likely to be the most powerful?
- Passing out buttons with the statement "Just Say No to Bad Ethics
- Placing posters about ethics throughout the organisation
- Top management acting as models of the right behavior
- Including a statement about ethics and social responsibility in the employee handbook
Q8 | A recommended way of minimising unethical behaviour is for employees to
- write anonymous notes to ethical violators
- immediately report all suspicious behaviour to top management
- spend part of their vacation preparing a personal philosophy of ethics
- confront fellow employees about ethical deviations
Q9 | Corporate Social Responsibility (CSR) consists of which four kinds of responsibilities
- Economic, ethical, societal, and altruistic
- Economic, legal, ethical, and altruistic
- Fiscal, legal, societal, and philanthropic
- Economic, legal, ethical, and philanthropic
Q10 | Which of the items listed is NOT a product of a "favourable corporate reputation"?
- Charge more for its products and services
- Attract, hire and keep higher quality applicants/employees
- Enhance their access to better capital markets
- Ignore the Foreign Corrupt Practices Act
Q11 | Typical Codes of Conduct cover conduct described below. In the aftermath of Bhopal, the chemical industry wishing to demonstrate responsible corporate citizenship has added which additional behaviours set out below
- Legal compliance
- Continuous improvement, communication with external stakeholders and training of suppliers on the standards
- Pollution prevention
- Safe handling of chemicals from manufacture through disposal
Q12 | Why, according to stakeholder theory, is it in companies' best interests to pay attention to their stakeholders?
- If firms only act in their own self-interest employees may feel exploited
- If firms only act in their own self-interest government might put more regulation on them
- If firms only act in their own self-interest customers might not like the image that the company portray
- If firms only act in their own self-interest and inflict harm on stakeholders then society might withdraw its support
Q13 | What is triple bottom line?
- An accounting tool that looks at the impact on people, planet and profits
- A management strategy which states all the attention should be on profits
- An accounting tool that looks at cost, profit and loss
- A management strategy which focuses on corporate social responsibility
Q14 | Why do alternative organisations run differently from conventional shareholder led approach?
- They do not have shareholders
- They are run in non-hierarchical ways which aim to provide a positive impact on society rather than to make profit
- They prioritise corporate social responsibility.
- They aim to give money to charities and good causes
Q15 | Which of the following would most effectively act as the primary objective of a business organisation?
- To procure resources
- To make a profit
- To communicate with shareholders
- To mediate between the organisation and the environment
Q16 | Which of the following does the term Corporate Social Responsibility relate to?
- Ethical conduct
- Human rights and employee relations
- All of the above
- None of the above
Q17 | Who are organisational stakeholders?
- Customers
- Community
- Providers of finance
- All of the above
Q18 | The human activity, among the following, which causes maximum environmental pollution having regional and global impacts, is:
- Urbanization
- Industrialisation
- Agriculture
- Mining
Q19 | The dimension of social responsibility refers to a business's societal contribution of time, money, and other resources.
- Ethical
- Philanthropic
- Volunteerism
- Strategic
Q20 | Stakeholders are considered more important to an organisation when:
- they can make use of their power on the organisation
- they do not emphasise the urgency of their issues
- their issues are not legitimate
- they can express themselves articulately
Q21 | Better access to certain markets, differentiation of products, arid the sale of pollution-control technology are ways in which better environmental performance can:
- increase revenue
- increase costs
- decrease revenue
- decrease costs
Q22 | Atmospheric issues include all of the following except:
- acid rain
- global warming
- air pollution
- water quantity
Q23 | In a organisation, decision making is delegated as far down the chain of command as possible
- Decentralized
- Creative
- flexible
- centralized
Q24 | refers to a strategic process involving stakeholder assessment to create long-term relationships with customers, while maintaining, supporting, and enhancing the natural environment.
- Eco-strategy
- Green marketing
- Superfund reauthorization
- Recycle and reprocess management
Q25 | Sustainable development will not aim at:
- Social economic development which optrrruse the economic and societal benefits available in the present, without spoiling the likely potential for similar benefits in the future.
- Reasonable and equitably distributed level of economic well-being that can be perpetuated continually.
- Development that meets the need of the present without compromising the ability of future generations to meet their own needs.
- Maximising the present day benefits through increased resource consumption