Chapter 3 Quiz - Stakeholders and Corporate Social Responsibiliy

Which of the following theory developers defined the stakeholder as any individual or group that can affect or be affected by the actions of the firm?

• E. Merrick Dodd

• A.A. Berle

• Edward Freeman

• Milton Friedman

A moral manager can interact with stakeholders in so many ways as following EXECPT:

• Treating employees at a minimum level, just as means of production

• Viewing customers as a revenue generator, under legal regulations

• Acknowledging stakeholders to have at least minimum level for their needs

• Having minimum contact with community and following legal standards when interacting with the community.

The Four dimensions that enhance the level of trust between the stakeholders and the firms are:

• Benevolence, ability, responsibility, and integrity

• Ability, information quality, responsibility, and emotion

• Rational Prediction of Outcomes, emotion, ability, and integrity

• Benevolence, ability, integrity, and information quality

_____ is a new type of corporation that addresses issues related to financial, social, and environmental objectives.

• Triple Bottom Line Reporting

• A Benefit Corporation

• 3BL

• Sustainability

All the of the following are benefits for a firm to be certified as a B Corp EXCEPT:

• Increasing profits

• Attracting more investors

• Producing more diverse products to compete with the market.

• Preserving the mission of the firm

Abdullah ordered from an online shopping a jacket that he saw in the advertising. He liked the designs and details in the jacket. When Abdullah received the item, he found   the design is different than what was in the advertising. Which of the following areas has been neglected as ethical behavior towards Abdullah?

• Advertisement

• The manufacturing process

• Shipping and distributing

• Customer service

Which of the following models perceives Corporate Social Responsibility as a tool to generate financial results?

• Social Value Model

• Profitability Model

• Philanthropic Model

• Business Case Model

Asma is a manager in a food company. She decides to start a Corporate Social Responsibility initiative to support the local community. She sets up a brainstorming meeting with the employees to find out their areas of interest and passion to choose the project that matches their self-esteem needs. Which of the following approaches that Asma is using to engage her employees in the CSR project?

• Transactional Approach

• Reward approach

• Developmental approach

• Engagement approach

_______ supports the belief of “avoiding doing bad things”, rather than “doing good things”.

• Project-Oriented CSR

• Strategic CSR

• Quality-Oriented CSR

• Transformational CSR

The type of Corporate Philanthropy in which a company has high market orientation and low competence orientation is called:

• Dispersed Philanthropy

• Constricted Philanthropy

• Strategic Philanthropy

• Peripheral Philanthropy