Social Responsibility and Management of Technology and Innovation

MULTIPLE CHOICE

     1.   Three broad issues that impact a firm’s social responsibility include all except:

a.
Sustainability of the environment
b.
Corporate social responsibility
c.
Ethics of leaders
d.
Financial performance of the firm
e.
Ethics of individuals

ANS:  D                    PTS:   1

     2.   Sustainability is a pattern of resource use that is designed to meet ____ needs while preserving the ____.

a.
Environmental, firm’s performance
b.
Human, environment
c.
Firm, resources
d.
Consumer, firm’s performance
e.
Environmental, environment

ANS:  B                    PTS:   1

     3.   A strategy for being a positive influence in the general environment must meet all of the below tenets except:

a.
Make use of the best available science
b.
Protect, maintain, and rehabilitate ecosystems
c.
Base use of resources on well thought out and responsible ways
d.
Control for new processes during testing phases to ensure sustainability
e.
Do not make trade-offs to reflect societal values

ANS:  E                    PTS:   1

     4.   Corporate social responsibility is a mechanism that:

a.
Ensures adherence to law, ethical standards, and positive behavioral norms
b.
Ensures good firm performance
c.
Should be avoided
d.
Is based strictly on the law and no other basis
e.
Directly affects stockholders

ANS:  A                    PTS:   1

     5.   A socially responsible company must recognize the impact of their activities on all of the following except:

a.
environment
b.
consumers
c.
governmental agencies
d.
employees
e.
community

ANS:  C                    PTS:   1

     6.   Sustainability indicators provide knowledge on the interplay between the:

a.
Firm activities and firm performance
b.
Society and societal trends
c.
Environment and firm performance
d.
Environment, society, and economic activities
e.
Firm performance and society

ANS:  D                    PTS:   1

     7.   Concerns for the firm in the management of technology and innovation in a corporate social responsibility manner revolve around all of the below except:

a.
employees
b.
suppliers
c.
customers
d.
competitors
e.
community

ANS:  D                    PTS:   1

     8.   Social accounting:

a.
Focuses strictly on firm performance
b.
Describes social and environmental effects of a firm’s actions on stakeholders
c.
Has little relevance in the realm of corporate social responsibility
d.
Is conducted by society to monitor firm activities
e.
Minimizes organizational costs

ANS:  B                    PTS:   1

     9.   The benefits of a corporate social responsibility program include all of the following except:

a.
Directed strategic thinking
b.
Building reputation with stakeholders
c.
Direct positive impact on firm performance
d.
Developing trust with stakeholders
e.
Managing product and market development

ANS:  C                    PTS:   1

   10.   Reasons for unethical behavior within organizations include all of the following except:

a.
Poorly designed ethics training programs in the firm
b.
Short termed evaluation systems
c.
Difficulty in translating strategic goals into operational reality
d.
Rationalization of individuals that things will be fine and that their actions have no impact
e.
The pressures from external stakeholders

ANS:  A                    PTS:   1