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BUS 475 Week 2 Quiz 2
Question 1
Companies demonstrate global corporate citizenship by:
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Building reactive stakeholder partnerships.
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Finding business opportunities that serve society.
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Integrating concern for both financial and social performance.
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Both B and C, but not A.
Question 2
When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:
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Corporate Social Responsibility.
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Global Sustainability.
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Global Corporate Citizenship.
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Community Investing.
Question 3
Corporate power refers to:
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The capability of competitors to influence legislation, trade, and the stock market, based on their organizational resources.
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The capability of politicians to influence corporations, employees, and unions, based on their organizational resources.
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The capability of corporations to influence government, the economy, and society, based on their organizational resources.
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The capability of CEOs to influence product development, employee morale, and currency indices, based on their organizational resources.
Question 4
The most significant motivator of corporate social reporting is:
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Government reporting requirements.
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Ethical concerns.
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Financial concerns.
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Employee demand.
Question 5
Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the:
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Innovative stage.
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Integrated stage.
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Transforming stage.
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Engaged stage.
Question 6
Microfinance refers to:
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Banks lending money to a very small number of businesses.
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Banks lending money to low-income businesses.
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Banks lending very small amounts of money to wealthy businesses.
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Banks charging low fees for all business loans.
Question 7
The theory of comparative advantage states that:
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Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
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Productivity decreases when countries produce goods and services based on their natural resources.
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All countries start out on an equal playing field.
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Countries that operate under a policy of isolationism have a comparative advantage.
Question 8
The primary goal of a "vulture fund" is to:
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Provide countries with debt-relief.
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Pay back loans in default.
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Increase global financial stability.
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Make a profit.
Question 9
Which statement(s) below are true about global income?
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Income is how much one earns in a day or a year.
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Income at the bottom of the pyramid varies from place to place.
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Around 400 billion people globally sit at the bottom of the pyramid.
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Both A and B, but not C.
Question 10
An example of a Global Action Network, or GAN, is:
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The World Trade Organization.
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Nongovernmental organizations.
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The Kimberley Process.
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The Heritage Foundation.
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