BUSA 2106 TEST QUESTIONS AND ANSWERS A+
GRADED. Buy Quality Materials!
Which of the following is one of the four types of corporate social responsibility?
a)technological
b)global
c)philanthropic
d)competitive
c)philanthropic
What is "Stage 1" of social responsibility requirements?
a)financial viability
b)philanthropic activities
c)compliance with legal and regulatory requirements
d)ethics, principles, and values
a)financial viability
The most basic principles of a nation have been codified into _______________ to
require that companies and managers conduct themselves in ways that conform
to society's expectations.
a)economic principles
b)laws and regulations
c)ethical values
d)environmental regulations
b)laws and regulations
"Business ethics" refers to___________.
a)regulations and laws that guide companies in their business decisions
b)principles and standards that guide behavior in the business world
c)companies refraining from forming monopolies or restricting competition in any
way.
d)unique industry and professional factors that influence employees
b)principles and standards that guide behavior in the business world
What is the glue that holds organizations together and allows them to focus on
efficiency, productivity, and profits?
a)trust
b)diversity
c)respect
d)competence
a)trust
Many studies have identified a positive relationship between social responsibility
and _______________.
a)government penalties
b)talented employees
c)better supplier agreements
d)financial performance
d)financial performance
, Organizations must show that they have exceeded their _______________ before
they can address their ethical purposes and standards.
a)legal responsibilities
b)social responsibilities
c)stakeholder expectations
d)consumer protection
a)legal responsibilities
Which is the following is a vision statement?
a)the most basic expectation and key foundational issue that affects firms'
stakeholder evaluations
b)a summary of a company's aims and values.
c)a company's formal system of accountability, oversight, and control
d)a description of a company's current and future objectives to help align
decisions with their philosophy and goals
d)a description of a company's current and future objectives to help align decisions with
their philosophy and goals
Which of the following is most closely related to developing long-term
relationships with customers?
a)transparency
b)customer loyalty
c)shareholder support
d)employee commitment
b)customer loyalty
Which of the following created formalized safeguards for unsuspecting
consumers?
a)legal responsibility
b)corporate governance
c)consumer protection laws
d)corporate culture
c)consumer protection laws
_______________ is grounded in effective and mutually beneficial relationships
with customers, employees, investors, competitors, government, the community,
and others who have a stake in the company.
a)Corporate governance
b)Social responsibility
c)Regulation
d)Employee relations
b)Social responsibility
A company whose managers hold a strong _______________ orientation often
becomes quite proactive in managing and changing conditions that yield
economic benefits, including avoiding litigation and increased regulation.
a)shareholder
b)social responsibility
c)product
d)customer
b)social responsibility
GRADED. Buy Quality Materials!
Which of the following is one of the four types of corporate social responsibility?
a)technological
b)global
c)philanthropic
d)competitive
c)philanthropic
What is "Stage 1" of social responsibility requirements?
a)financial viability
b)philanthropic activities
c)compliance with legal and regulatory requirements
d)ethics, principles, and values
a)financial viability
The most basic principles of a nation have been codified into _______________ to
require that companies and managers conduct themselves in ways that conform
to society's expectations.
a)economic principles
b)laws and regulations
c)ethical values
d)environmental regulations
b)laws and regulations
"Business ethics" refers to___________.
a)regulations and laws that guide companies in their business decisions
b)principles and standards that guide behavior in the business world
c)companies refraining from forming monopolies or restricting competition in any
way.
d)unique industry and professional factors that influence employees
b)principles and standards that guide behavior in the business world
What is the glue that holds organizations together and allows them to focus on
efficiency, productivity, and profits?
a)trust
b)diversity
c)respect
d)competence
a)trust
Many studies have identified a positive relationship between social responsibility
and _______________.
a)government penalties
b)talented employees
c)better supplier agreements
d)financial performance
d)financial performance
, Organizations must show that they have exceeded their _______________ before
they can address their ethical purposes and standards.
a)legal responsibilities
b)social responsibilities
c)stakeholder expectations
d)consumer protection
a)legal responsibilities
Which is the following is a vision statement?
a)the most basic expectation and key foundational issue that affects firms'
stakeholder evaluations
b)a summary of a company's aims and values.
c)a company's formal system of accountability, oversight, and control
d)a description of a company's current and future objectives to help align
decisions with their philosophy and goals
d)a description of a company's current and future objectives to help align decisions with
their philosophy and goals
Which of the following is most closely related to developing long-term
relationships with customers?
a)transparency
b)customer loyalty
c)shareholder support
d)employee commitment
b)customer loyalty
Which of the following created formalized safeguards for unsuspecting
consumers?
a)legal responsibility
b)corporate governance
c)consumer protection laws
d)corporate culture
c)consumer protection laws
_______________ is grounded in effective and mutually beneficial relationships
with customers, employees, investors, competitors, government, the community,
and others who have a stake in the company.
a)Corporate governance
b)Social responsibility
c)Regulation
d)Employee relations
b)Social responsibility
A company whose managers hold a strong _______________ orientation often
becomes quite proactive in managing and changing conditions that yield
economic benefits, including avoiding litigation and increased regulation.
a)shareholder
b)social responsibility
c)product
d)customer
b)social responsibility
