©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
MNGT 482: Exam 3 Practice Questions and Answers
Corporate citizenship does NOT rely on the generosity of a firm's senior management or their awareness
of their role as trustees of the public's interest
a. True
b. False - Ans:✔✔-true
According to a recent study reported in the textbook, 94% of Fortune 250 companies in the U.S. had a
department of corporate citizenship or similar one
a. True
b. False - Ans:✔✔-true
When Home Depot announced that it would sell only environmentally certified wood products, this was
an example of a company at what stage of corporate citizenship?
a. elementary
b. engaged
c. innovative
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d. integrated
e. transforming - Ans:✔✔-b. engaged
Companies that adopt a triple bottom line measures are at which stage of corporate citizenship?
a. elementary
b. engaged
c. innovative
d. integrated
e. transforming - Ans:✔✔-d. integrated
Can individual companies be at more than one stage of corporate citizenship at once?
a. yes
b. no - Ans:✔✔-a. yes
Which of the following statements is true?
a. There has been a steep increase in corporate social reporting in recent years
b. U.S. firms have more slowly accepted the triple bottom line compared to European firms
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FIRST PUBLISH OCTOBER 2024
c. An emerging approach to auditing is crowd-sourcing
d. All of the above - Ans:✔✔-d. All of the above
global corporate citizenship: - Ans:✔✔-process of identifying, analyzing, and responding to the
company's social, political, and economic responsibilities as defined through law and public policy,
stakeholder expectations, and voluntary acts flowing from corporate values and business strategies.
Corporate citizenship involves actual results (what corporations do) and the process through which they
are achieved (how they do it)
BSR - Ans:✔✔-Business for Social Responsibility - based in San Fransisco but with regional offices around
the world. functions as a membership organization for companies and provides consulting services to its
members and others.
"global resource for companies seeking to sustain their commercial success in ways that demonstrate
respect for ethical values, people, communities, and the environment"
provides hands on guidance in setting up social programs, as well as providing useful research and best
practice examples for its members
CSR - Asia - Ans:✔✔-founded in 2004, Asia is the leading provider of information, training, research, and
consulting services on sustainable business practices in Asia. it offers a wide range of programs:
providing CSR intelligence to interested businesses, assistance with reporting social and environmental
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FIRST PUBLISH OCTOBER 2024
MNGT 482: Exam 3 Practice Questions and Answers
Corporate citizenship does NOT rely on the generosity of a firm's senior management or their awareness
of their role as trustees of the public's interest
a. True
b. False - Ans:✔✔-true
According to a recent study reported in the textbook, 94% of Fortune 250 companies in the U.S. had a
department of corporate citizenship or similar one
a. True
b. False - Ans:✔✔-true
When Home Depot announced that it would sell only environmentally certified wood products, this was
an example of a company at what stage of corporate citizenship?
a. elementary
b. engaged
c. innovative
Page 1/16
, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
d. integrated
e. transforming - Ans:✔✔-b. engaged
Companies that adopt a triple bottom line measures are at which stage of corporate citizenship?
a. elementary
b. engaged
c. innovative
d. integrated
e. transforming - Ans:✔✔-d. integrated
Can individual companies be at more than one stage of corporate citizenship at once?
a. yes
b. no - Ans:✔✔-a. yes
Which of the following statements is true?
a. There has been a steep increase in corporate social reporting in recent years
b. U.S. firms have more slowly accepted the triple bottom line compared to European firms
Page 2/16
, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
c. An emerging approach to auditing is crowd-sourcing
d. All of the above - Ans:✔✔-d. All of the above
global corporate citizenship: - Ans:✔✔-process of identifying, analyzing, and responding to the
company's social, political, and economic responsibilities as defined through law and public policy,
stakeholder expectations, and voluntary acts flowing from corporate values and business strategies.
Corporate citizenship involves actual results (what corporations do) and the process through which they
are achieved (how they do it)
BSR - Ans:✔✔-Business for Social Responsibility - based in San Fransisco but with regional offices around
the world. functions as a membership organization for companies and provides consulting services to its
members and others.
"global resource for companies seeking to sustain their commercial success in ways that demonstrate
respect for ethical values, people, communities, and the environment"
provides hands on guidance in setting up social programs, as well as providing useful research and best
practice examples for its members
CSR - Asia - Ans:✔✔-founded in 2004, Asia is the leading provider of information, training, research, and
consulting services on sustainable business practices in Asia. it offers a wide range of programs:
providing CSR intelligence to interested businesses, assistance with reporting social and environmental
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