You are watching: Which of the following examples does not show a company guided by enlightened self-interest
1. (Option c) Corporate power 2. (Option a) In long-run, those who do not use power responsibly will lose…View the full answer
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Transcribed image text: TIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question 1) The capability of corporations to influence government, the economy, and society, based on their organizational resources is called: A) Corporate media. B) CEO power. C) Corporate power D) Corporate citizenship 2) The iron law of responsibility says that: A) In the long run, those who do not use power responsibly will lose it. B) In the short run, sacrifice social goals for economic goals. C) In the long run, economic responsibility leads to social responsibility, D) Law is most important, more than social or economic responsibility. 3) Which of the following companies is being the most socially responsible? A) A company changing its product design to comply with regulatory mandates. B) A company trying to maximize its profits and then contributing to an environmental protection fund. A company trying its best to operate in a way which will help local students get education and jobs. D) A company halting its production of toxic gases after it discovered that people objected to this practice and threatened legal action. 4) Good corporate citizens: A) Make a concerted effort to balance the needs of all stakeholders. B) Work to protect the environment. C) Strive to conduct all business dealings in an ethical manner. D) All of these answers are correct. 5) 5) Business leaders, like automaker Henry Ford, developed these programs to support the recreational and health needs of their employees. A) Paternalistic programs. B) Corporate social responsibility programs. Corporate citizenship programs. D) Social networking programs. 6) Which of the following examples does not show a company guided by enlightened self-interest? A) A company breaking past records by maximizing quarterly profits. B) A company providing assistance to employees who attend evening college. A company vice-president invited to attend a local community's town planning meeting D) A company providing the best quality product at a fair price. 7) 7) Those in support of corporate social responsibility believe the practice: A) Lowers economic efficiency and profit. B) Places responsibility on business rather than individuals. C) Imposes unequal costs among competitors. D) Discourages government regulation. 8) Positive reputation can be valued as an intangible corporate: A) Liability. B) Expense. C) Asset D) Charity 9) 9) Proponents against corporate social responsibility feel that public officials, not business people, should solve societal problems because: A) The private sector is not mandated to solve these issues. B) Business people do not have the skill set to solve societal problems. C) Both of these answers are correct. D) Neither of these answers is correct. 10) 10) Organizations founded with a core mission to create and sustain social value are called social: A) Non-profits. B) Ventures. c) Capitalists. D) Entrepreneurships.