BUS 100 Midterm Exam with Answers
Defensive CSR - ✔✔ABC Pharma has recently faced tremendous criticism from activist groups
about the company's impact on the environment, especially with respect to its disposal of
waste. In response, the company started a tree-planting project that it now highlights in its
advertising. This is an example of which perspective of CSR?
Cynical CSR - ✔✔Andrew used to work for a company that advertised itself as eco-friendly, a
public stance that helped it become a leader in its markets. In reality, however, the company
never actually made any real progress toward becoming a green company because of the costs
involved and continued with its same business practices behind the scenes. Which of the
following corporate social responsibility views describes this company's actions?
Proactive - ✔✔Top managers at InfoAll, Inc., believe deeply that they have responsibilities
beyond making a profit. They back their beliefs with specific actions taken on their own
initiative. This describes which approach to CSR?
sustainable development - ✔✔Efforts to minimize resource depletion and pollution are part of
a broader effort known as _____.
carbon offsets - ✔✔Companies that can't reduce their carbon emissions sufficiently through
facility changes may have the option of buying __________ to essentially exchange carbon with
companies that can.
By giving them the "right to be forgotten" when they no longer want companies to keep
information about them. - ✔✔Which of these is a way that privacy laws such as the EU's
General Data Protection Regulations (GDPR) protect consumers?
Identity theft - ✔✔Which of the following involves corruption where private information is
stolen and manipulated in order to acquire types of financing as well as to commit other
methods of fraud?
, the right to sustainable development - ✔✔Fundamental consumer rights that form the basis of
much of the consumer-related legislation in the United States include all of the following
EXCEPT __________.
strategic CSR - ✔✔A company developing an internship program to help improve the workforce
and to train potential employees for valuable roles within the company is an example of
_______.
Philanthropy - ✔✔_________ involves a company's contributing funds, volunteer time,
products, and services to causes or establishments without concern for immediate company
advantages.
proactive - ✔✔The top managers at ABCD International have always believed that every
business has responsibilities to the community in which it does business beyond chasing profits.
Reflecting this perspective, ABCD International recently opened a new all-ages sports facility for
the local community and agreed to host free workshops to help community members get new
businesses off the ground. ABCD International takes a _______ approach to corporate social
responsibility.
corporate social responsibility - ✔✔If you believe that every company, in addition to making
money, has responsibilities to society, you subscribe to the philosophy of ________.
putting personal interests above those of other stakeholders - ✔✔Practicing good business
ethics involves all of the following EXCEPT ________.
Ethical lapse - ✔✔Renata works at a retail store in the mall. She has recently been promoted
and is now in charge of opening and closing the store, which involves handling money. After
counting the money from the register at the end of the day, she comes up with an extra $25
that somehow wasn't accounted for. Since the money isn't officially recorded, she wonders
whether it would be okay to take the money or whether she should put the money in the bank
and explain the situation to her boss in the morning. She decides that she deserves the extra
money for her hard work and pockets the $25. Which of the following describes Renata's
actions?
Defensive CSR - ✔✔ABC Pharma has recently faced tremendous criticism from activist groups
about the company's impact on the environment, especially with respect to its disposal of
waste. In response, the company started a tree-planting project that it now highlights in its
advertising. This is an example of which perspective of CSR?
Cynical CSR - ✔✔Andrew used to work for a company that advertised itself as eco-friendly, a
public stance that helped it become a leader in its markets. In reality, however, the company
never actually made any real progress toward becoming a green company because of the costs
involved and continued with its same business practices behind the scenes. Which of the
following corporate social responsibility views describes this company's actions?
Proactive - ✔✔Top managers at InfoAll, Inc., believe deeply that they have responsibilities
beyond making a profit. They back their beliefs with specific actions taken on their own
initiative. This describes which approach to CSR?
sustainable development - ✔✔Efforts to minimize resource depletion and pollution are part of
a broader effort known as _____.
carbon offsets - ✔✔Companies that can't reduce their carbon emissions sufficiently through
facility changes may have the option of buying __________ to essentially exchange carbon with
companies that can.
By giving them the "right to be forgotten" when they no longer want companies to keep
information about them. - ✔✔Which of these is a way that privacy laws such as the EU's
General Data Protection Regulations (GDPR) protect consumers?
Identity theft - ✔✔Which of the following involves corruption where private information is
stolen and manipulated in order to acquire types of financing as well as to commit other
methods of fraud?
, the right to sustainable development - ✔✔Fundamental consumer rights that form the basis of
much of the consumer-related legislation in the United States include all of the following
EXCEPT __________.
strategic CSR - ✔✔A company developing an internship program to help improve the workforce
and to train potential employees for valuable roles within the company is an example of
_______.
Philanthropy - ✔✔_________ involves a company's contributing funds, volunteer time,
products, and services to causes or establishments without concern for immediate company
advantages.
proactive - ✔✔The top managers at ABCD International have always believed that every
business has responsibilities to the community in which it does business beyond chasing profits.
Reflecting this perspective, ABCD International recently opened a new all-ages sports facility for
the local community and agreed to host free workshops to help community members get new
businesses off the ground. ABCD International takes a _______ approach to corporate social
responsibility.
corporate social responsibility - ✔✔If you believe that every company, in addition to making
money, has responsibilities to society, you subscribe to the philosophy of ________.
putting personal interests above those of other stakeholders - ✔✔Practicing good business
ethics involves all of the following EXCEPT ________.
Ethical lapse - ✔✔Renata works at a retail store in the mall. She has recently been promoted
and is now in charge of opening and closing the store, which involves handling money. After
counting the money from the register at the end of the day, she comes up with an extra $25
that somehow wasn't accounted for. Since the money isn't officially recorded, she wonders
whether it would be okay to take the money or whether she should put the money in the bank
and explain the situation to her boss in the morning. She decides that she deserves the extra
money for her hard work and pockets the $25. Which of the following describes Renata's
actions?
