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| 1 | |
The underlying theory that explains how a business will create value by making and selling products in the market is: |
| | A) | a business model. |
| | B) | a mission statement. |
| | C) | strategic planning. |
| | D) | a marketing plan. |
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| 2 | |
A traditional business model is one: |
| | A) | which is very rare. |
| | B) | which is the basis of only a few companies. |
| | C) | in which the central strategy for creating value is based on meeting market demands. |
| | D) | in which the central strategy for creating value is based on mitigating social problems. |
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| 3 | |
In terms of the spectrum of responses to social demands, which of the following is an expansive response? |
| | A) | Obey the law, deny further obligations, make a profit. |
| | B) | Obey the law, respond to pressures, accept some added duties. |
| | C) | Anticipate new demands, respond to pressures, make a profit. |
| | D) | Anticipate new demands, alter behavior before any pressure, make corporate social responsibility a competitive weapon. |
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| 4 | |
Which of the following statements about a CSR review is false? |
| | A) | It can begin with a definition of CSR to provide a focus. |
| | B) | It explores regulatory requirements, but cannot examine competitors' initiatives. |
| | C) | It involves a discovery of core values. |
| | D) | It involves an engagement of stakeholders to reveal expectations in society. |
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| 5 | |
A document setting forth, with brevity, the basic purpose of the organization or company is: |
| | A) | a mission statement. |
| | B) | a vision statement. |
| | C) | a statement of purpose. |
| | D) | a code of conduct. |
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| 6 | |
A diagram showing stakeholders and their relationship to the firm is known as a(n): |
| | A) | analysis map. |
| | B) | stakeholder model. |
| | C) | stakeholder map. |
| | D) | partnership analysis. |
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| 7 | |
A strategy: |
| | A) | is a basic approach or plan for achieving an objective. |
| | B) | shows the relationship of stakeholders to a firm. |
| | C) | is a brief statement of the basic purpose of an organization. |
| | D) | is the implementation of an immediate action for achieving an objective. |
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| 8 | |
Tasks like revising or creating policies, budgeting resources, and assigning work are a part of the: |
| | A) | mission statement. |
| | B) | vision statement. |
| | C) | code of conduct. |
| | D) | action plan. |
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| 9 | |
The state in which company social policies, processes, and actions are visible to external observers is known as: |
| | A) | vision. |
| | B) | action plan. |
| | C) | transparency. |
| | D) | consistency. |
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| 10 | |
An assessment of the social impact of a corporation on society is called a(n): |
| | A) | cause-related marketing assessment. |
| | B) | venture philanthropy. |
| | C) | social audit. |
| | D) | sustainability reporting. |
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| 11 | |
Which of the following statements about the triple bottom line concept is true? |
| | A) | Its purpose is to appraise the overall impact of a firm's operations by using only traditional financial results. |
| | B) | Even if social entries are ascribed a dollar value, the calculation of that dollar value contains value judgments on which there is no agreement. |
| | C) | Results across financial and nonfinancial bottom lines can be compared by using a common unit of measurement. |
| | D) | The triple bottom line has become the most accepted approach to CSR reporting because it is an elegant calculation. |
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| 12 | |
In terms of GRI indicators, which of the following is an environmental performance indicator? |
| | A) | Materials used by weight and volume |
| | B) | Voluntary donations to communities |
| | C) | Total number of incidents of discrimination and actions taken |
| | D) | Net revenues |
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| 13 | |
Which of the following is a social performance indicator? |
| | A) | Habitats protected or restored. |
| | B) | Employee wages and benefits. |
| | C) | Number of jobs supported in the supply chain and distribution chain. |
| | D) | Total value of financial and in-kind contributions to political parties and politicians. |
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| 14 | |
Which of the following is an example of an economic performance indicator? |
| | A) | Energy saved due to conservation and efficiency improvements. |
| | B) | Voluntary donations to communities. |
| | C) | Total number of incidents of discrimination and actions taken. |
| | D) | Total number of substantiated complaints regarding breaches of customer privacy. |
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| 15 | |
In terms of the 10-year trend in private philanthropy, which of the following gave, by far, the largest proportion? |
| | A) | Individuals |
| | B) | Foundations |
| | C) | Charitable bequests |
| | D) | Corporations |
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| 16 | |
When a corporation aligns its business mission with its charitable giving mission, it is called: |
| | A) | venture philanthropy. |
| | B) | strategic philanthropy. |
| | C) | philanthrocapitalism. |
| | D) | altruism. |
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| 17 | |
Checkbook philanthropy is: |
| | A) | a variant of strategic philanthropy in which charitable contributions are based on purchases of a product. |
| | B) | a traditional, active form of corporate philanthropy. |
| | C) | a form of corporate philanthropy in which charitable activities reinforce strategic business goals. |
| | D) | characterized by donations to multiple worthy causes without any relationship to business strategy. |
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| 18 | |
This is a variant of strategic philanthropy in which charitable contributions are based on purchases of a product. |
| | A) | Venture philanthropy |
| | B) | A social audit |
| | C) | Cause-related marketing |
| | D) | Checkbook philanthropy |
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| 19 | |
In this form of philanthropy, the donor may set goals for the recipient charity and become involved in achieving them. |
| | A) | High-engagement philanthropy |
| | B) | Venture philanthropy |
| | C) | Philanthrocapitalism |
| | D) | Strategic philanthropy |
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| 20 | |
Givers fund the incubation of new charitable organizations with unique approaches to social problems in: |
| | A) | venture philanthropy. |
| | B) | high-engagement philanthropy. |
| | C) | strategic philanthropy. |
| | D) | checkbook philanthropy. |
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