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Identify the unethical behavior
Following code of ethics
Bribery and Corruption
The perspective that each culture must be understood in terms of the values and ideas of that culture, and should not be judged by the standards of another...
Stakeholders are the individuals or groups who:
Are the shareholders in key competitors
Determine the strategy of the organization
Dominate the operational issues in the organization
Have an interest or concern in the activities of an organization
A concept that corporations have an obligation to consider the interests of customers, employees, shareholders, communities, and ecological considerations in all aspects of their operations.
Corporate Social Responsibility
They do not typically engage in transactions with the company and therefore are not essential for its survival. They include community, media, trade associations, and special interest groups.
A firm that is selling a product at or below cost on foreign markets in order to drive foreign producers out of business is engaging in
international price discrimination.
Which of the following does the term Corporate Social Responsibility relate to?
Human rights and employee relations.
All of the above.
Which of the following statements about CSR is untrue?
It has a strong impact on corporate reporting practices,investment strategies & public relations.
It is about striking balance between economic performance , meeting stakeholders expectations & responsibility towards society.
It is about recognizing that no organization is an island & must operate in partnership with the outside world.
Its main concern is about maintaining a competitive edge in global market
The arguments for CSR involve
Recognition of moral obligations by business.
Need to balance power with responsibility.
Voluntary actions would prevent government regulations.
All of the above
Corporate social responsibility leads to
Improved reputation and branding
The belief that there is one universal moral standard, regardless of location or culture
Which of the following are among characteristics of international sweatshops?
Extremely low wages
Unsafe working conditions
Cramped working conditions
All of the above
An accurate definition of sustainability is
meeting population needs
meeting the needs of the present without compromising the ability of future generations to survive
meeting the needs of the future without worrying about todays
meeting the food needs of animals
Which of the following shows corporate responsibility?
A car-manufacturing company sells cars at very expensive prices to discourage people from buying cars and consuming fossil fuel
A car-manufacturing company that takes into consideration fuel efficiency
A car-manufacturing company that tries to cut production costs that may compromise product quality
Using the resources in such a manner that future generations will be able to use them is known as ...
Contemporary socio-economic issues
Triple bottom line