Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Ethics and Corporate Social Responsibility in Strategic Management

10 Questions

1 Views

Ethics and Corporate Social Responsibility in Strategic Management

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is social capital in the context of an organization?

The revenue generated through social media marketing

Physical assets owned by the organization

The number of customers a firm has

The goodwill of key stakeholders that can be used for competitive advantage (correct)

Which of the following is NOT a benefit of being socially responsible according to the text?

Charging premium prices and gaining brand loyalty

Attracting outstanding employees

Utilizing the goodwill of public officials for support in difficult times

Being exempt from paying taxes (correct)

How does sustainability need to be broadened according to the text?

To focus only on economic aspects

To include environmental, economic, and social concerns (correct)

To ignore environmental impact

To exclude social considerations

What role does social capital play in relation to local communities?

It opens doors in local communities Signup and view all the answers

Why are reputable firms more likely to attract capital from investors?

Because investors view reputable firms as desirable long-term investments Signup and view all the answers

How can being socially responsible help a firm in foreign countries?

By making it more likely to be welcomed into a foreign country Signup and view all the answers

What is a potential outcome of socially responsible actions related to suppliers and distributors?

Generating enduring relationships with suppliers and distributors Signup and view all the answers

What advantage can a socially responsible firm have in terms of employees?

Attracting outstanding employees Signup and view all the answers

How might a firm benefit from social responsibility in difficult times?

By utilizing the goodwill of public officials for support Signup and view all the answers

What makes reputable firms more attractive as long-term investments?

Being viewed as desirable long-term investments by investors Signup and view all the answers