Chapter 08 - Corporate Social Responsibility: In Practice

Chapter 08 - Corporate Social Responsibility: In Practice

Chapter 08

Corporate Social Responsibility: In Practice

True / False Questions

• A large grocery store chain decided to donate 10% of its net profit to hurricane relief

programs. This exemplifies the economic paradigm of corporate social responsibility.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Hard

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• The businesses most committed to corporate social responsibility are social enterprises.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• The economic paradigm can be described as "Doing good by doing well."

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

8-1

Chapter 08 - Corporate Social Responsibility: In Practice

• The social paradigm can be described as "Doing well by doing good."

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• A local retail store hires employees from the local branch of the Society for Community

Living, a non-profit dedicated to helping individuals with disabilities, integrate into their communities. These employees are highly committed employees and the turnover rate for the store is consequently low. This enhances profitability. This exemplifies the economic paradigm of corporate social responsibility.

FALSE

Accessibility: Keyboard Navigation

Difficulty: Hard

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• The traditional shareholder model of social responsibility is most closely related to the anti-

CSR response type.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• The publishing of "social reports" is a common approach by corporations with a Tokenism

response to CSR expectations.

FALSE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

8-2

Chapter 08 - Corporate Social Responsibility: In Practice

• CSR initiatives are less likely to be successful without support of the board of directors.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Easy

Learning Objective: 08-01 Identify the different responses to corporate social responsibility.

Topic: 08-01 Responses to Corporate Social Responsibility

• Corporate sponsorship is a less committed approach to corporate philanthropy, than is

corporate voluntarism.

FALSE

Accessibility: Keyboard Navigation

Difficulty: Hard

Learning Objective: 08-04 Define a corporate sponsorship and identify trends in this approach to CSR.

Topic: 08-09 Corporate Sponsorship

• Corporate philanthropy refers to the giving of financial resources and does not include

employees volunteering for local charities.

FALSE

Accessibility: Keyboard Navigation

Difficulty: Easy

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-02 Corporate Philanthropy

• Corporate donation decisions are sometimes made by committee consensus, while other

times they are made at the head office level and then administered through committees.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-03 Donations

8-3

Chapter 08 - Corporate Social Responsibility: In Practice

• A major software company has established a separate corporation to oversee its corporate

donations. This type of corporation is called a charitable foundation.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Easy

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-02 Corporate Philanthropy

• Jane is interested in supporting breast cancer research. She purchases a pink mug at her

local grocery store. The grocery store donates a percentage of the profit to breast cancer research organizations. Jane is engaged in strategic giving.

FALSE

Accessibility: Keyboard Navigation

Difficulty: Hard

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-02 Corporate Philanthropy

• Cause-related marketing is likely to continue given the reduction in government funding

for charitable organizations.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-02 Corporate Philanthropy

• Strategic giving is consistent with an enlightened stakeholder perspective.

TRUE

Accessibility: Keyboard Navigation

Difficulty: Medium

Learning Objective: 08-02 Define corporate philanthropy and describe the forms it takes.

Topic: 08-02 Corporate Philanthropy

8-4