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Exam 12: Corporate Social Responsibility

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Question 31

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Since each firm is different (a basic assumption of the resource-based view), not every firm's economic performance is likely to benefit from CSR.

A) True
B) False

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Question 32

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Those who feel that firms that expand into emerging economies are failing their CSR responsibilities are most likely to claim that it: a. Potentially hurts corporate profits. b. Reduces shareholder returns. c. Fails to provide employment to host countries. d. Reduces the standard of living in host countries. e. Domestic employees and communities pay the price for the overseas expansion.

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Domestic employees a...

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Question 33

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The instrumental view of CSR advocates who are skeptical of CSR compliance claims: a. That firms may not necessarily be sincere. b. That firms may be compelled to appear to be sensitive to CSR by impression management-in other words, "window dressing." c. That many firms may chase fads by following what others are doing, while not having truly internalized the need for CSR. d. That CSR activities simply represent a useful means to help make good profits. Firms are not necessarily becoming more "ethical." e. All of the above

There is agreement throughout society that: a. Overseas expansion is good because it helps improve standards of living around the world. b. Overseas expansion is bad because it causes loss of jobs in the home country. c. Firms should stick strictly to business within a country and not seek to impose their views of human rights on other countries that have different views. d. Firms have a responsibility to do whatever is necessary to assure that the human rights that are respected in the home country are implemented in host countries. e. None of the above.

Which of the following is an accommodative CSR strategy? a. Neither for or against CSR. b. Resist imposition of what seems unreasonable. c. View CSR as worthwhile. d. Actively participate in CSR policy discussion. e. Voluntarily go beyond what the regulations require.