Question 1. The CSR debates have surfaced in a more positive way in the last 30 years due to which of these? Government mandates Competitive pressures New businesses set up shop with altruism in mind Declining shares of U.S. businesses in the global markets.
Question 2. Economies of scale in an industry refers to: Savings that companies within the industry achieve due to increased volume Declining average short run costs per unit Improved contractual agreements with suppliers in the near term Decreased barriers to entry to new firms attempting to enter the industry.
Question 3. One of the most contentious social responsibility issues confronting multinational firms pertains to Animal welfare Children Working conditions Human rights.
Question 4. (p. 116) In considering the competition's profile, a firm would NOT be concerned with which of the following? Market share and breadth of product line Facility location and production capacity Financial position and caliber of personnel Salary of the chief executive and board of directors.
Question 5. Which country is expected to have a commanding lead in the size of its economy by 2020? The United States India China Japan.
Question 6. Which of the following are considered competitors? Low substitutability products Firms with dissimilar scope Substitute products Uncommitted firms.
Question 7. The company mission is a broadly framed but enduring statement of A firm's intent Corporate structure A firm's competitive positioning Stakeholder analysis.
Question 8. Which of these is the largest and fastest growing segment of social investing? Guideline portfolio investing Global investing Stockholder activism Ethical and economic responsibilities.
Question 9. The duty of managers, as agents of the company owners, to maximize stockholder wealth is referred to as ________ responsibilities. Legal Discretionary Economic Ethical.
Question 10. A company with a ______ orientation adopts a global systems approach to strategic decision making, thereby emphasizing global integration. Ethnocentric Polycentric Regiocentric Geocentric