Managing For Sustainability Set 7
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This set of Managing for Sustainability Multiple Choice Questions & Answers (MCQs) focuses on Managing For Sustainability Set 7
Q1 | Under the concept of social obligation, the organization ________________.
- does what it can to meet the law, and a little bit more for stakeholders
- fulfills its obligation to the stakeholders, which makes it fulfill the law, too
- does the minimum required by law
- fulfills its obligation to the law and its stakeholders
Q2 | Social responsiveness refers to the capacity of a firm to adapt to changing _________________.
- societal conditions
- organizational conditions
- societal leaders
- organizational managers
Q3 | Applying social criteria to an investment decision refers to ________________.
- socioeconomic view
- social responsiveness
- social responsibility
- social screening
Q4 | Which of the following is a basic definition of ethics?
- moral guidelines for behavior
- rules for acknowledging the spirit of the law
- rules or principles that define right and wrong conduct
- principles for legal and moral development
Q5 | Reasoning at the ______________ level of moral development indicates that moral values reside in maintaining the conventional order and the expectations of others.
- Preconventional
- Conventional
- Principled
- arrival
Q6 | A personality measure of person’s convictions is _______________.
- moral development
- ego strength
- locus of control
- social desirability
Q7 | Which of the following organizational structural characteristics would most likely result in managerial ethical behavior?
- few job descriptions
- formal rules
- mixed messages from authority figures
- All of these
Q8 | Global organizations must __________ their ethical guidelines so that employees know what is expected of them while working in a foreign location
- Clarify
- Provide
- Establish
- broaden
Q9 | _____________ is a document that outlines principles for doing business globally inthe areas of human rights, labor, the environment, and anticorruption.
- A code of ethics
- The Global Compact
- The Foreign Corrupt Practices Act
- Global Ethics
Q10 | A _____________ is a formal statement of an organization primary values and theethical rules it expects its employees to follow
- mission statement
- statement of purpose
- code of ethics
- vision statement
Q11 | CSR considers
- Impact of the company’s actions on society.
- Impact of company’s success.
- Impact of company’s failure.
- Impact of company’s wind up.
Q12 | CSR includes
- Economic responsibilities.
- Legal responsibilities.
- Ethical responsibilities.
- Philanthropic responsibilities
Q13 | Stakeholders are the individuals or groups that
- Have an interest in and are affected by company’s actions.
- Have a mere interest in an Organization.
- Are affected by company’s actions
- Above all.
Q14 | 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.
Q15 | The ________ dimension of social responsibility refers to a business's societal contribution of time, money, and other resources.
- Ethical
- Philanthropic
- Volunteerism
- Strategic
Q16 | Better access to certain markets, differentiation of products, and the sale of pollution-control technology are ways in which better environmental performance can:
- increase revenue
- increase costs
- decrease revenue
- decrease costs
Q17 | When a firm charges different prices to different groups of customers, it may beaccused of:
- cultural relativism
- money laundering
- facilitating payments
- price discrimination
Q18 | The ability to interpret and adapt successfully to different national,organizational, and professional cultures is called:
- national competitiveness.
- global development.
- cultural intelligence.
- stakeholder sensitivity.
Q19 | In a ______________ organization, decision making is delegated as far down the chain of command as possible.
- Decentralized
- Creative
- Flexible
- Centralized
Q20 | An organisation's obligation to act to protect and improve society's welfare as well as its own interests is referred to as
- organisational social responsibility
- organisational social responsiveness
- corporate obligation
- business ethics
Q21 | Which of the following actions will not help directors to protect themselves from non-compliance with their obligations and responsibilities?
- keeping themselves fully informed about company affairs
- ensuring that regular management accounts are prepared by the company
- seeking professional help
- including a disclaimer clause in their service contracts
Q22 | An organization that is owned by shareholders but managed by agents on their behalf is conventionally known as the modern:
- Conglomerate
- Corporation
- Company
- Firm
Q23 | The __________ approach to formal corporate ethics initiatives is proactive and inspirational.
- Rules
- Compliance
- Principles
- Values
Q24 | _____________ is a document that outlines principles for doing business globally in the areas of human rights, labor, the environment, and anticorruption.
- A code of ethics
- The Global Compact
- The Foreign Corrupt Practices Act
- Global Ethics
Q25 | A _____________ is a formal statement of an organization primary values and the ethical rules it expects its employees to follow
- mission statement
- statement of purpose
- code of ethics
- vision statement