Business Ethics and Social Responsibility in Canada

Which of the following is NOT a pillar for building good companies?

Pillar 3, Good Citizenship, focuses on managing ethics within the organization only.

What is Canada referred to as due to its diverse population?

If good ______ are possible, then good companies are possible.

Match each pillar of building good companies with its description:

What is the basis of a social license for a business?

Which of the following is a goal of the book regarding the relationship between business and society in Canada?

A social license is static and does not change over time.

Besides financial performance, what other types of performance are included in the evolving social contract for businesses?

Canadian society is characterized by complete agreement among its members on all values, backgrounds, and aspirations.

What percentage of Canadian businesses do small- and medium-sized enterprises (SMEs) make up?

Alignment of business-society expectations is a ______ to the economic activity of business in a social system.

Crown corporations in Canada are owned by the ______.

Match the following corporate actions with their potential outcomes:

According to Corporate Knights, what areas are corporations evaluated on to determine the best corporate citizens?

Match the following terms with their definitions:

Meeting societal expectations is not necessary for businesses seeking funding and growth.

Approximately what percentage of Canada's total gross domestic product (GDP) is accounted for by social protection programs, universal health care, and public education systems?

What is the potential benefit for corporations that innovatively address social, ethical, and environmental responsibilities?

Foreign-owned businesses constitute the majority of businesses in Canada.

What are some broad Canadian values?

Which of the following does business require from a healthy society?

According to the referenced text, business success exists independently of the success of the surrounding society.

What are two things that society needs from successful companies?

According to Carroll, Brown, and Buchholtz, the difference between business social performance and actual social expectations is known as the ______.

Match the sector with its attributes

In what way does a prosperous society contribute to the profitability of businesses?

The social contract is solely based on explicitly written laws.

What happens to jobs, wages, and overall wealth when a business is weakened?