Categories
Uncategorized

modern corporations should be socially responsible because they:

The concept of corporate social responsibility is rooted in __________, creating a commitment to give back to society and the organization’s stakeholders. A company providing the best quality product at a fair price, B. Modern corporations should be socially responsible because they: Create jobs, influencing the lives of employees. D. A company changing its product design to comply with regulatory mandates. Many Socially Responsible Corporations Exist. Proponents against corporate social responsibility feel that public officials, NOT business people, should solve societal problems because: A. business people do not have the skill-set to solve societal problems. C. are highly profitable. The final major argument against corporate social responsibility in its various forms is that the best way for most corporations to be socially responsible is to contribute to the community by doing what they do best: excelling in economic terms. A. D. generate dividends for the company stockholders. Question 1 of 20 Modern corporations should be socially responsible because they: A. are responsible to the stockholders of the company. B. D. following a practice of enlightened self-interest. Businesses should monitor and prevent social problems in advance of their becoming major issues. Corporations have a role in establishing their community’s: Modern corporations should be socially responsible becausethey: A modern-day expression of the charity principle does NOTinclude: Which of the following is NOT an example of the charityprinciple? Which of the following is NOT a professional association andconsultancy in corporate social responsibility? Of course, the operative word is appropriate regulation. Which of the following statements is true about corporate social responsibility? Management should be completely on board and 100 percent committed to all CSR agendas. B. the private sector is not mandated to solve these issues. Correct Answer: Create jobs, influencing the lives of employees. Modern corporations should be socially responsible becausethey: Question 3. Corporate social responsibility programs. D. generate dividends for the company stockholders. When undertaking social initiatives, a company: A. the type of governmental rule and degree of individual freedomin a nation. Corporate power refers to the capability of __________ based on their organizational resources. Modern corporations should be socially responsible because: A) They are responsible to the stockholders of the company. C. Corporations should be accountable for any actions that affect people, their communities, and the environment. In other words, it is argued that companies should be satisfied with making less profit (not that they necessarily forgo all profit) as the diminished returns will be more than offset by the net social benefits? B. create jobs, influencing the lives of employees. Which of the following companies is being the most socially responsible? A fairly extensive list is given at the end of this article. Friedman argued for a direct form of capitalism and against any activity that distorts economic freedom. Because the future is often uncertain, this means that in many instances corporations should engage in the socially responsible course of action. Click the button below to add the Modern corporations should be socially responsible because they: to your wish list. Business leaders, like automaker Henry Ford developed these programs to support the recreational and health needs of their employees On October 14th, 2009, Dr. P Roy Vagleos, a former Chairman and CEO of Merck Pharmaceuticals, spoke at a debate at the Yale Political Union in favor of the resolution "Resolved: Corporations Should be Responsible to More than their Shareholders." B. meeting the maximum level of social responsibility expected by the public. Socially Responsible Corporations Welcome Regulation. A. Which of the following is an argument against corporate social responsibility? Or should it be a local issue? After all, too much of a good thing is not good! Positive reputation can be valued as an intangible corporate: Which of the following examples does NOT show a company guided byenlightened self-interest? Of course, this does mean that corporations should engage in socially irresponsible ways when the financial benefit to the corporation is clear and the activity is legally permissible. Business leaders, like automaker Henry Ford, developed what programs to support the recreational and health needs of their employees? D) All of the above. Which of the following is NOT a driver of the Corporate SocialResponsiveness phase of Corporate Social Responsibility? A. competitors to influence legislation, trade, and the stock market, B. politicians to influence corporations, employees, and unions, C. corporations to influence government, the economy, and society, D. CEOs to influence product development, employee morale, and currency indices. Correct Answer: Create jobs, influencing the lives of employees. If corporations are granted by law the status of persons (an absurdity of its own, but never mind), it follows that they can be treated morally and legally as persons. By being socially responsible, your firm is gaining support and positive recommendations. Which organism is responsible for the development of syphilis? 2. Drivers of the Corporate Social Responsiveness phase, B. Do corporations have any responsibilities beyond trying to maximize stockholder value, adhering to contracts, implicit as well as explicit, and obeying the laws of the different countries where they operate? Full minutes of debate can be found at here. A modern-day expression of the charity principle does NOTinclude: Question 4. Modern corporations should be socially responsible because they: A. are responsible to the stockholders of the company. D. in the long run, economic responsibility leads to social responsibility. Business leaders, like automaker Henry Ford developed these programs to support the recreational and health needs of their employees C. cultural values and traditions, taking different forms indifferent societies. Water is vital for life, but you can drown in it! Employees working in such a company will feel more motivated to work harder for the company’s success. D. generate dividends for the company stockholders. Stakeholder partnerships, high-tech communication networks, and sustainability audits are examples of: The iron law of responsibility says that: A. in the long run, those who do not use power responsibly will lose it. Policy instruments of the Corporate Social Stewardship phase, C. Policy instruments of the Corporate Social Responsiveness phase, D. Drivers of the Charity Principle phase. According to Forbes: 1. Business leaders, like automaker Henry Ford developed these programs to support the recreational and health needs of their employees Question 18 The iron law of responsibility says that: Correct Answer: In the long run, those who do not use power responsibly will lose it. The Best Way for Corporations to Be Socially Responsible Is to Increase Profits. Corporations have a role in establishing their community’s: Question 2. Modern corporations should be socially responsible because they: Correct Answer: Create jobs, influencing the lives of employees. Which of the following is NOT a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility? A company providing assistance to employees who attend evening college, C. A company breaking past records by maximizing quarterly profits, D. A company vice-president invited to attend a local community’s town planning meeting. They maintain, rather, that corporations have other responsibilities as well – to consumers, to employees, to suppliers and contractors, to the surrounding community, and to society at large. Why Would Corporations Behave in Socially Responsible Ways? A. Corporate social responsibility (CSR) is a business model that helps a company be socially accountable to itself, its stakeholders, and the public. Managers responding to the needs of the local education system as anormal or routine aspect of its operations is an example of anorganization in the: According to a study of corporate citizenship in Latin America andCanada, which of the following is NOT one of the four levels ofcorporate social responsibility activity? 21. An excellent way to set your company apart is to consider becoming a company that is socially responsible and doesn't just focus on profit as an element of success. C) Are highly profitable. The two claims embedded in the phrase "doing well by doing good" are at the heart of the modern SRI movement. Question 30 3 out of 3 points Correct Modern corporations should be socially responsible because they: Answer Selected Answer: Create jobs, influencing the lives of employees. We promise to never spam you, and just use your email address to identify you as a valid customer. expenditures. CSR boosts the brand image and reputation. Does the government has the right to regulate/direct the how and why of aircraft emergency services? Sitemap 4. The CEO cautions that there is a disadvantage. stakeholders. Employees should feel empowered by CSR and feel that they’re a major contributor toward the greater good you’re trying to create. Employees should feel free to voice their opinions if something’s missing from your CSR policy. The antitrust cases brought against Microsoft by regulators in theUnited States and Europe are examples of: Which of the following is an argument in favor of corporate socialresponsibility? Module 2 - Speech Analysis For this assignment, you will be answering the following questions as they relate to the videos below: Module 4 - CaseStrategy Implementation & EvaluationCase Assignment, Module 12 Practice Set - Equity Distribution Policy, Azucks is a socially responsible American company engaged in the manufacture of sports shoes. Manne points out’ that for corporate behaviour to be classified as truly "socially responsible", it must be voluntary. At first, these corporations could be created only for religious, charitable, or municipal functions. B) They create jobs, influencing the lives of employees. C) They are highly profitable. Be the first to review this product! B. in the short run, sacrifice social goals for economic goals. The Best Way for Corporations to Be Socially Responsible Is to Increase Profits. its . 2 Socially responsible activities conducted by a corporation are, according to Friedman, distorting economic freedom because shareholders are not able to decide how their money will be spent. 3. Corporations have a role in establishing their community’s: In the 1960s-1970s, social responsibility was primarily focused on: Since 1994, between __________ percent of the Americans polled every year or so said that big business had too much power. A company should seek maximum profits from its operations in order to provide the best for society. Creates an imbalance between corporate power and its economic responsibility, C. Improves business value and reputation. B. create jobs, influencing the lives of employees. 3. Five years ago, it was considered good if a company simply did not harm the environment. My answer is "no", although maximizing value, meeting contracts, and obeying laws help achieve many of the goals by those claiming corporations should be "socially responsible" by … All of the following are examples of the phases of Corporate Social Responsibility except: C. law is most important, more than social or economic responsibility. D) Generate dividends for the company stockholders. Corporations have a role in establishing their community’s: Question 2. B. create jobs, influencing the lives of employees. Modern corporations should be socially responsible because they: A. are responsible to the stockholders of the company. Question 5 B. social activists’ power and the extent that social regulation isfound in a country. Social Entrepreneurship 8 Reasons Why Being Socially Responsible Is Good For Business Find out why you don't have to be a nonprofit business to … After the break from England, however, American states began to pass charters that allowed self-incorporation rather than incorporation by special legislative act. C. are highly profitable. However, times have changed, and now employees demand that their company do more than simply not be bad. Socially responsible companies will also be able to attract and retain the best talents more easily. Powered by BigCommerce. This kind of socially responsible program is a win-win for every party involved. Which of the following examples does NOT show a company guided by enlightened self-interest? An Institution Theory of Corporate Social Responsibility ... at the heart of the modern corporation and that. Modern corporations should be socially responsible because they: A) Are responsible to the stockholders of the company. Modern corporations should be socially responsible because they. Which of the following is NOT one of the four quadrants of thebalanced scorecard approach? When a person or group of people identify a social need and use their entrepreneurial skills to address this need, this process is called social: A company who complies with the laws and regulations set by the government is: A. meeting the minimum level of social responsibility expected by the public. A. Modern corporations should be socially responsible because they: Create jobs, influencing the lives of employees. All prices are in USD. Business leaders, like automaker Henry Ford developed these programs to support the recreational and health needs of their employees Paternalistic programs. Question 1 3 out of 3 points Modern corporations should be socially responsible because they: Selected Answer: Create jobs, influencing the lives of employees. Modern corporations should be socially responsible because they: Create jobs, influencing the lives of employees. Modern corporations should be socially responsible because they: Create jobs, influencing the lives of employees. The academic discipline primarily responsible for the development of strategic management is. B. They need to do good, too. Below is a student speech on the topic: And should they? As of 2012, the B Corporation status has been legally recognized in how many states? A company trying its best to operate in a way which will help local students get education and jobs. The final major argument against corporate social responsibility in its various forms is that the best way for most corporations to be socially responsible is to contribute to the community by doing what they do best: excelling in economic terms. © 2020 Homework Plus. 65% would seriously consider leaving their job if thei… Forging Corporate Partnerships A company that has just begun reporting to stakeholders is in whichstage of the corporate citizenship process? Bob Karnauskas, president of BL3 Strategies, a Pewaukee-based consulting firm, said that socially responsible companies perform well because they can attract and retain quality workers and reduce risk from lawsuits and bad publicity.

Alpha Dog Cast, Terminal 5 Jfk Food, Lake Of The Woods Virginia Rentals, Eagle Cap Wilderness Map, Advantages And Disadvantages Of World Bank, Love' Netflix Cast,