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Q:
Asian Forum on Corporate Social Responsibility gives awards for excellence in:
A. Environmental management.
B. Education.
C. Poverty alleviation.
D. All of the above.
Q:
BSR (formerly Business for Social Responsibility) helps its 300 member companies:
A. Lobby Congress for socially responsible legislation.
B. Discover tax shelters for social program expenditures.
C. Conduct social audits.
D. Develop sustainable business strategies.
Q:
Some companies have created a department of corporate citizenship to:
A. Adopt the United Nations Global Compact Principles.
B. Decentralize under common leadership wide-ranging corporate citizenship functions.
C. Centralize under common leadership wide-ranging corporate citizenship functions.
D. Narrow the job of the public relations office.
Q:
Global corporate citizenship is more than espoused values, it requires:
A. Action.
B. Bankruptcy.
C. Expression.
D. Enhancement.
Q:
Good corporate citizens:
A. Strive to conduct all business dealings in an ethical manner.
B. Make a concerned effort to balance the needs of all stakeholders.
C. Work to protect the environment.
D. All of the above.
Q:
According to a survey conducted by The Economist in 2008, how many respondents say corporate citizenship can help increase their companies profits?
A. 11%.
B. 25%.
C. 74%.
C. 91%.
Q:
When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:
A. Corporate Social Responsibility.
B. Global Sustainability.
C. Global Corporate Citizenship.
D. Community Investing.
Q:
Triple bottom line reporting requires that a firm report financial data.
Q:
An emerging trend in corporate reporting is the integration of legally required financial information with social and environmental information into a single report.
Q:
Social audits look at what an organization does, not at the results of the actions.
Q:
Corporate citizenship partnerships can exist between companies and stakeholders in other countries.
Q:
If a company acknowledges the need to build more coherent initiatives, it is in the innovative stage of becoming a corporate citizen.
Q:
In the first stage of corporate citizenship, the elementary stage, managers are uninterested and uninvolved with social issues.
Q:
There is no single universally accepted method for designing a CSR management structure.
Q:
A company earns its license to operate through filing its proper legal documents.
Q:
Companies whose citizenship profile best matches public expectations are least likely to benefit from strategic investments in corporate citizenship.
Q:
Global corporate citizenship activities help companies create legitimacy, reputation, and competitive advantage.
Q:
Corporate citizenship primarily focuses on a firms social activities.
Q:
According to The Economist, corporate citizenship is becoming increasingly important for the long-term health of companies.
Q:
Robert Civita, chairman and CEO of the Brazilian Abril Group, has defined global corporate citizenship as socialism with a conscience.
Q:
Global corporate citizenship refers to putting an organizations commitment to social and environmental responsibility into practice locally.
Q:
The basis for corporate citizenship does not rely on the generosity of a firms senior management or their awareness of their role as trustees of the publics interests.
Q:
How can global action networks help global problem solving?
Q:
Compare and contrast the worlds political and economic systems and their effects on globalization.
Q:
Discuss the benefits and costs of globalization. Provide examples of how globalization has helped or harmed individual nations and the world economy.
Q:
Describe the roles of the World Bank, International Monetary Fund, and World Trade Organization in the acceleration of globalization.
Q:
What is a transnational corporation? How do these corporations operate in the global marketplace?
Q:
An example of a Global Action Network, or GAN, is:
A. The World Trade Organization.
B. Nongovernmental organizations.
C. The Kimberley Process.
D. The Heritage Foundation.
Q:
Government has distinctive resources and competencies including:
A. Knowledge of public policy.
B. Ability to enforce the rules.
C. Revenue from taxation.
D. All of the above.
Q:
Experts attribute the growth of nongovernmental organizations to:
A. The creation of global stock exchanges and enhanced currency transactions.
B. The globalization of marketing and converging consumer preferences.
C. Greater openness in many societies.
D. All of the above.
Q:
The richest 1 percent of the people in the world receives as much income annually as:
A. The wealthiest 5 percent.
B. 100 percent of the middle class.
C. The poorest 99 percent.
D. The poorest 57 percent.
Q:
The Heritage Foundation scored which nation of the world among the most repressed in 2012?
A. Hong Kong.
B. Australia.
C. North Korea.
D. Singapore.
Q:
A society where economic power is concentrated in the hands of government officials and political authorities is called:
A. A central state control system.
B. A social democracy.
C. A political control system.
D. A military dictatorship.
Q:
The most important agreement which codifies human rights is the:
A. The American Civil Liberties Act.
B. The Versailles Treaty.
C. The Universal Declaration of Human Rights.
D. The U.S. Declaration of Independence.
Q:
Single-party rule by communist parties still remains in:
A. Lithuania.
B. Vietnam.
C. Thailand.
D. Russia.
Q:
According to the United Nations, a feature of democracy is:
A. Fair elections.
B. An independent media.
C. A government with power balanced among executive, legislative, and judicial branches.
D. All of the above.
Q:
The term race to the bottom refers to:
A. Seeking to mine rich minerals from the bottom of the ocean.
B. Moving production jobs to the country with the lowest labor cost.
C. Efforts to deconstruct the assembly process in manufacturing industries.
D. An old concept of globalization ta is no longer relevant.
Q:
A critic of globalization might argue that companies decide to manufacture in China mainly because of Chinas:
A. Strict law enforcement.
B. High environmental standards.
C. Weak health and safety regulations.
D. Strong worker unions.
Q:
What U.S. company is the best example of using globalization to reduce the price of its products?
A. K-Mart.
B. Toys R Us.
C. Walmart.
D. Macys.
Q:
An individual who is a supporter of globalization would argue that it helps the developing world by:
A. Giving entrepreneurs access to foreign investment funds to support economic development.
B. Allowing new ideas and technological innovations to spread quickly.
C. Providing people in developing countries with more jobs.
D. All of the above.
Q:
The theory of comparative advantage states that:
A. Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
B. Productivity decreases when countries produce goods and services based on their natural resources.
C. All countries start out on an equal playing field.
D. Countries that operate under a policy of isolationism have a comparative advantage.
Q:
Under the World Trade Organizations most-favored nation rule:
A. All import restrictions imposed by other nations on their goods are illegal unless a cultural waiver is issued.
B. All import restrictions are illegal unless proven scientifically.
C. Most-favored nations can impose heavy tariffs on other nations.
D. Most-favored nations can oppose the dumping of goods by any nation in their home market.
Q:
The purpose of the World Trade Organization is to:
A. Impose barriers to free trade among nations.
B. Eliminate barriers to free trade among nations.
C. Develop trading partnerships between rich and poor nations.
D. Decrease globalization and free trade.
Q:
The primary purpose of the International Monetary Fund is to:
A. Lend foreign currency to member countries.
B. Exchange one currency for another.
C. Consolidate the debt facing third world nations.
D. Collect the interest on loans made by the World Bank to third-world nations.
Q:
The loan policies of the World Bank:
A. Are generous to developing countries seeking to expand their educational systems.
B. Impose strict restrictions on debtor countries which can sometimes lead to hardship.
C. Are generally only available to rich nations.
D. Are open to any company conducting business abroad.
Q:
Representation on the World Banks board of directors is based on:
A. The size of the member nations population.
B. The size of the member nations economy.
C. The size of the member nations land mass.
D. Equal representation of all member nations.
Q:
An example of an international financial and trade institution is:
A. World Bank.
B. International Monetary Fund.
C. World Trade Organization.
D. All of the above.
Q:
Which is an example of a social and political reform that has led to the acceleration of globalization?
A. Economic sanctions against North Korea.
B. Efforts to deter drug trafficking from Colombia.
C. The collapse of former communist states of central and eastern Europe.
D. The European Unions penalties against Microsoft for unfair competition.
Q:
Which transportation system improvement has aided the acceleration of globalization?
A. Airfreight.
B. High-speed rail.
C. New oceangoing vessels.
D. All of the above.
Q:
Technological innovation has aided the spread of globalization by:
A. Building advanced technologies that can be sold in the global marketplace.
B. Building advanced technologies that can be bought in the global marketplace.
C. Leveling the playing field and allowing all to participate on an equal footing in global commerce.
D. All of the above.
Q:
The acceleration of globalization has been driven by:
A. Technological innovation.
B. Transportation systems.
C. Social and political reforms.
D. All of the above.
Q:
In 2010, the leading nonfinancial transnational corporation, with foreign assets totaling over $551 million was:
A. General Electric.
B. Vodafone.
C. General Motors.
D. BP.
Q:
According to the United Nations, how many transnational corporations operate in the global economy?
A. 49,000.
B. 104,000.
C. 290,000.
D. 900,000.
Q:
The three strategies of globalization can be summarized using what three words?
A. Channels, operations, and chains.
B. Export, locate, and purchase.
C. Sell, make, and buy.
D. Ethics, import, and sell.
Q:
A firm that would like to develop a global supply chain would:
A. Manufacture components or supplies in other countries.
B. Sell raw materials, components or supplies produced at home abroad.
C. Purchase raw materials, components, or supplies from sellers in other countries.
D. Check products that were manufactured abroad for defects in their home country.
Q:
A firm that has global operations has:
A. All of their manufacturing and service operations abroad.
B. Some or all of their manufacturing or service operations abroad.
C. Manufacturing but not service operations abroad.
D. Service but not manufacturing operations abroad.
Q:
Global market channels involve a firm producing goods in:
A. Their home country and exporting them to other countries.
B. Their home country to sell at home.
C. A foreign country to sell at home.
D. A foreign country to sell abroad.
Q:
The term sector refers to broad divisions of a whole.
Q:
Even as the world has become freer politically and economically, inequality has grown.
Q:
At the beginning of the 20th century, no country in the world had universal suffrage.
Q:
Most nations in the world share similar political, social and economic beliefs.
Q:
Critics of globalization support the spread of American ideals and culture throughout the rest of the world.
Q:
Only manufacturing jobs are being lost through globalization.
Q:
Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
Q:
Globalization is accepted worldwide and creates little controversy.
Q:
Under the World Trade Organizations most favored nation rule, member countries may not discriminate against foreign products for any reason.
Q:
The World Trade Organization conducts negotiations, called cycles, on various topics, rotating its meetings among different cities.
Q:
The World Trade Organization is based in the United States.
Q:
The World Bank makes currency exchange easier for member countries so that they can participate in global trade.
Q:
Global commerce has taken place for hundreds of years, dating back to the 15th century.
Q:
Although many firms conduct business across national boundaries, most global commerce is carried out by a small number of powerful firms.
Q:
Globalization directly and indirectly influences the politics, environment, geopolitics, and economics of virtually every country in the world.
Q:
The Interactive Digital Software Association case exemplifies:
A. The idea that laws can not always define proper action.
B. The idea that ethical principles are broader than laws.
C. Industries preempting legislation and voluntarily adopting ethically based practices.
D. All of the above.
Q:
Which U.S. Act prohibits executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates:
A. The USA Patriot Act.
B. The UK Bribery Act.
C. The Corruption of Foreign Officials Act.
D. The U.S. Foreign Corrupt Practices Act.
Q:
One of the most widespread and potentially powerful efforts to combat bribery was initiated by:
A. The Global Forum on Fighting Corruption.
B. The Organization for Economic Cooperation and Development.
C. International Labour Organization.
D. The U.S. Foreign Corrupt Policy Act.
Q:
Recipients of the corporate ethics awards show that:
A. Awards are based on economic power, not ethical performance.
B. Firms can be financially successful and ethically focused.
C. Being legally compliant results in receiving an ethics award.
D. Improving ethical performance is very costly, but bolsters a firms reputation.
Q:
Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their:
A. Regulatory Percentage Track (RPT).
B. Ethics and Leadership Radar (ELR).
C. Quality Measurement (QM).
D. Ethical Quotient (EQ).
Q:
The critical component in installing an effective ethics program is:
A. To allow all employees the freedom to act as they wish.
B. In hiring an expensive ethics consultant.
C. The integration of various ethics safeguards into a comprehensive program.
D. Maintaining the position as the industry sales leader.
Q:
Which of the following is a typical practice in an ethics audit procedure?
A. The auditor notes any deviations from the companys ethics standards that become evident during the ethics audit.
B. The auditor brings deviations to the attention of the audit supervisor.
C. Department managers are required to file a report with the auditor on the corrective action they took to deal with the deviation.
D. All of the above.
Q:
Typically, ethics training is offered to:
A. Managers.
B. To the rank-and-file.
C. Both managers and the rank-and-file.
D. The Board of Directors only.