Test Bank for Global
Business 5 Edition
th
By Mike Peng (All
Chapters 1-17, 100%
Original Verified, A+
Grade)
All Chapters Arranged
Reverse: 17-1
,Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
Indicate whether the statement is true or false.
1. Failing to heed certain CSR imperatives may be self-defeating in the long run.
a. True
b. False
2. The ability to meet the needs of the present without compromising the ability of future generations to meet their needs
around the world is called global sustainability.
a. True
b. False
3. Global sustainability refers only to a sustainable social and natural environment.
a. True
b. False
4. Global sustainability disregards sustainable capitalism.
a. True
b. False
5. Global sustainability is a key goal of CSR.
a. True
b. False
6. The secondary stakeholder groups are constituents on whom the firm relies for its continuous survival and prosperity.
a. True
b. False
7. The primary stakeholder groups are those who influence or affect, or are influenced or affected by, the corporation, but
are not engaged in transactions with the corporation.
a. True
b. False
8. Suppliers and customers are secondary stakeholders.
a. True
b. False
9. Governments and communities whose laws and regulations must be obeyed and to whom taxes and other obligations
may be due are typically considered secondary stakeholders.
a. True
b. False
10. Fair labor practice groups that frequently challenge firms that allegedly fail to provide decent labor conditions for
employees are an example of the primary stakeholder group.
a. True
b. False
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,Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
11. Triple bottom line refers to the economic, social, and environmental performance that simultaneously satisfies the
demands of all stakeholder groups.
a. True
b. False
12. One key proposition of the stakeholder view of the firm is that a firm must pursue only the economic bottom line such
as profits and shareholder returns.
a. True
b. False
13. The CSR approach draws upon Adam Smith's idea that the pursuit of economic self-interest within legal and ethical
bounds leads to efficient markets.
a. True
b. False
14. Free market advocates argue that if firms attempt to attain social goals, such as providing employment and social
welfare, managers will lose their focus on profit maximization.
a. True
b. False
15. The free market school has provided much of the intellectual underpinning for globalization spearheaded by MNEs.
a. True
b. False
16. The CSR advocates argue that firms and managers, if left to their own devices, will choose public interest over self-
interest.
a. True
b. False
17. According to the CSR approach, as long as there is competition, there will be both winners and losers.
a. True
b. False
18. The institutional view concerning the effectiveness of the CSR approach focuses on the strategic responses of the
firms.
a. True
b. False
19. The strategic response framework for analyzing CSR decisions are reactive, defensive, accommodative, and proactive
strategies.
a. True
b. False
20. At the most fundamental level, regulatory pressures underpin informal institutions, whereas normative and cognitive
pressures support formal institutions.
a. True
b. False
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, Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
21. A reactive strategy is indicated by relatively little or no support by top management of CSR causes.
a. True
b. False
22. A defensive strategy would only respond to CSR causes when required by disasters and outcries.
a. True
b. False
23. Adopting a code of conduct is a tangible indication of a firm’s willingness to accept CSR.
a. True
b. False
24. A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given
the right kind of incentives.
a. True
b. False
25. From a CSR perspective, the best firms embrace an accommodative strategy when engaging in CSR.
a. True
b. False
26. The defensive strategy a firm might take regarding CSR anticipates responsibility and endeavors to do more than is
required.
a. True
b. False
27. An accommodative strategy focuses on regulatory compliance.
a. True
b. False
28. Codes of conduct tangibly express values that organizational members view as central and enduring.
a. True
b. False
29. Top management at a reactive firm not only supports and champions CSR activities, but also views CSR as a source of
differentiation that permeates throughout the corporate DNA.
a. True
b. False
30. Reactive firms actively participate in regional, national, and international policy and standards discussions.
a. True
b. False
31. At present, the number of proactive firms is still a minority.
a. True
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Business 5 Edition
th
By Mike Peng (All
Chapters 1-17, 100%
Original Verified, A+
Grade)
All Chapters Arranged
Reverse: 17-1
,Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
Indicate whether the statement is true or false.
1. Failing to heed certain CSR imperatives may be self-defeating in the long run.
a. True
b. False
2. The ability to meet the needs of the present without compromising the ability of future generations to meet their needs
around the world is called global sustainability.
a. True
b. False
3. Global sustainability refers only to a sustainable social and natural environment.
a. True
b. False
4. Global sustainability disregards sustainable capitalism.
a. True
b. False
5. Global sustainability is a key goal of CSR.
a. True
b. False
6. The secondary stakeholder groups are constituents on whom the firm relies for its continuous survival and prosperity.
a. True
b. False
7. The primary stakeholder groups are those who influence or affect, or are influenced or affected by, the corporation, but
are not engaged in transactions with the corporation.
a. True
b. False
8. Suppliers and customers are secondary stakeholders.
a. True
b. False
9. Governments and communities whose laws and regulations must be obeyed and to whom taxes and other obligations
may be due are typically considered secondary stakeholders.
a. True
b. False
10. Fair labor practice groups that frequently challenge firms that allegedly fail to provide decent labor conditions for
employees are an example of the primary stakeholder group.
a. True
b. False
Powered by Cognero Page 1
,Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
11. Triple bottom line refers to the economic, social, and environmental performance that simultaneously satisfies the
demands of all stakeholder groups.
a. True
b. False
12. One key proposition of the stakeholder view of the firm is that a firm must pursue only the economic bottom line such
as profits and shareholder returns.
a. True
b. False
13. The CSR approach draws upon Adam Smith's idea that the pursuit of economic self-interest within legal and ethical
bounds leads to efficient markets.
a. True
b. False
14. Free market advocates argue that if firms attempt to attain social goals, such as providing employment and social
welfare, managers will lose their focus on profit maximization.
a. True
b. False
15. The free market school has provided much of the intellectual underpinning for globalization spearheaded by MNEs.
a. True
b. False
16. The CSR advocates argue that firms and managers, if left to their own devices, will choose public interest over self-
interest.
a. True
b. False
17. According to the CSR approach, as long as there is competition, there will be both winners and losers.
a. True
b. False
18. The institutional view concerning the effectiveness of the CSR approach focuses on the strategic responses of the
firms.
a. True
b. False
19. The strategic response framework for analyzing CSR decisions are reactive, defensive, accommodative, and proactive
strategies.
a. True
b. False
20. At the most fundamental level, regulatory pressures underpin informal institutions, whereas normative and cognitive
pressures support formal institutions.
a. True
b. False
Powered by Cognero Page 2
, Name: Class: Date:
Chapter 17 - Corporate Social Responsibility
21. A reactive strategy is indicated by relatively little or no support by top management of CSR causes.
a. True
b. False
22. A defensive strategy would only respond to CSR causes when required by disasters and outcries.
a. True
b. False
23. Adopting a code of conduct is a tangible indication of a firm’s willingness to accept CSR.
a. True
b. False
24. A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given
the right kind of incentives.
a. True
b. False
25. From a CSR perspective, the best firms embrace an accommodative strategy when engaging in CSR.
a. True
b. False
26. The defensive strategy a firm might take regarding CSR anticipates responsibility and endeavors to do more than is
required.
a. True
b. False
27. An accommodative strategy focuses on regulatory compliance.
a. True
b. False
28. Codes of conduct tangibly express values that organizational members view as central and enduring.
a. True
b. False
29. Top management at a reactive firm not only supports and champions CSR activities, but also views CSR as a source of
differentiation that permeates throughout the corporate DNA.
a. True
b. False
30. Reactive firms actively participate in regional, national, and international policy and standards discussions.
a. True
b. False
31. At present, the number of proactive firms is still a minority.
a. True
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