BE Chapter 11

What is corporate environmentalism?

a) A focus on maximizing profit at all costs.

b) The integration of environmental concerns into managerial decisions.

c) Legally mandated environmental compliance.

d) A system to manage employee benefits.

• a) A focus on maximizing profit at all costs.

• b) The integration of environmental concerns into managerial decisions.

• c) Legally mandated environmental compliance.

• d) A system to manage employee benefits.0og

Which term describes a proactive business strategy that actively seeks to drive future social change?

• a) Social obligation.

  b) Social responsibility.

  c) Social responsiveness.

  d) Social compliance.

• b) Social responsibility.

• c) Social responsiveness.

• d) Social compliance.

According to the behavioral view of CSR, why do businesses have a moral obligation to society?

• a) To maximize profits for shareholders.

• b) To comply with legal requirements.

• c) Because they draw resources from society and affect multiple stakeholders.

• d) To avoid penalties from regulators.

What is a key feature of integrity-based ethics management?

• a) Ignoring laws in favor of profit motives.

• b) Combining legal compliance with managerial responsibility for ethical behavior.

• c) Focusing solely on customer satisfaction.

• d) Using whistleblowers to report unethical behavior.

What is the primary aim of the triple bottom line approach in business?

a) Increasing shareholder profits.

b) Balancing economic, social, and environmental impacts.

c) Streamlining legal compliance processes.

d) Reducing employee turnover rates.

• a) Increasing shareholder profits.

  s.

• b) Balancing economic, social, and environmental impacts.

• c) Streamlining legal compliance processes.

• d) Reducing employee turnover rates.

The proactive approach to corporate social responsibility states that:

• a) Companies try to balance the interests of different stakeholders and not just shareholders, so that the claims of all of its stakeholders are ethically addressed.

• b) Companies actively disengage from socially responsible and ethical conduct in business practices.

• c) Managers must actively embrace the need to behave in socially responsible ways and use organizational resources to promote the interest of various stakeholders.

• d) Companies and managers abide strictly with the legal requirements but do not attempt to exercise social responsibility.

What is the main focus of sustainable development goals in the context of corporate responsibility?

• a) Immediate cost reduction.

• b) Balancing economic growth with environmental protection.

• c) Enhancing advertising strategies.

• d) Avoiding government regulation.

Which company initiative is an example of sustainable sourcing?

• a) Implementing low-flow water fixtures.

• b) Partnering with ethical labor practices suppliers.

• c) Using energy-efficient appliances.

• d) Recycling production waste.

What role does trust play in ethical business practices?

• a) Ensures higher market share.

• b) Creates a loyal customer base.

• c) Lowers production costs.

• d) Reduces competition

Why is transparency important in corporate social responsibility (CSR) reporting?

• a) To increase legal compliance.

• b) To demonstrate commitment and accountability to stakeholders.

• c) To enhance the company’s profit margin.

• d) To promote competition among stakeholders.