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Exam (elaborations)

MNGT 482 Ethics Chapter 3 Test With Solution

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MNGT 482 Ethics Chapter 3 Test With Solution...

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MNGT 482
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MNGT 482

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October 2, 2024
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2024/2025
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MNGT 482 Ethics Chapter 3 Test
With Solution

When a company puts its commitment to social and environmental
responsibility into practice worldwide, not only locally or regionally it is
called: Global Corporate Citizenship, Corporate Citizenship, Social
Responsibility, or enlightened self-interest? - ANSWER Global Corporate
Citizenship




According to a survey conducted by The Economist in 2008, how many
respondents say corporate citizenship can help increase their companies'
profits? - ANSWER 74%




Global corporate citizenship is more than espoused values, it requires: -
ANSWER action - "refer to the ACTIONS they take to put their commitments
to corporate social responsibility into practice"




Some companies have created a department of corporate citizenship to: -
ANSWER Centralize under common leadership wide-ranging corporate
citizenship functions




p. 59 BSR (formerly Business for Social Responsibility) helps its 300 member

, companies: - ANSWER Develop sustainable business strategies. --> "surveyed
its more than 300 members to determine how they had organized to carry
out their citizenship functions." p. 59 Chapter 3




This inter-American organization (North and South America) was created to
unite organizations focusing on corporate social responsibility from Canada
to Chile. - ANSWER Forum Empresa - "created an as inter-American
organization (North and South America) and represents 19 countries in the
region and a combined total of more than 3,300 affiliated businesses." p. 60
Chapter 3




According to Philip H. Mirvis' and Bradley K. Googins' model, how many
stages are there of global corporate citizenship? - ANSWER Five - Elementary,
Engaged, Innovative, Integrated, and Transforming p. 61 Chapter 3




Once a company enters the innovative stage of corporate citizenship, it will:
a. interact with and listen to stakeholders b. begin reporting its efforts to
stakeholders c. adopt formal policies d. step up its philanthropic giving -
ANSWER Begin reporting its efforts to stakeholders




Companies see the need to build more coherent initiatives as they move into
the: a. elementary b. innovative c. integrated d. transforming - ANSWER
Integrated stage. --> "Mirvis and Googins cite the example of Asea Brown
Boveri (ABB), a Switzerland-based multinational producer of power plants

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