BUS475 Quiz 2 Question 1 5 out of 5 points Proactive companies are: Answer Selected Answer: Much less likely to be blindsided by crises and negative surprises. Correct Answer: Much less likely to be blindsided by crises and negative surprises. Question 2 5 out of 5 points The drivers of stakeholders of engagement are: Answer Selected Answer: Goals, motivation, and operational capacity. Correct Answer: Goals, motivation, and operational capacity. Question 3 5 out of 5 points Legal environmental intelligence includes: Answer Selected Answer: Considerations of patents, copyrights, or trademarks. Correct Answer: Considerations of patents, copyrights, or trademarks. Question 4 5 out of 5 points The emergence of a public issue indicates that: Answer Selected Answer: Correct Answer: A gap has developed between what stakeholders expect and what an organization is actually doing. A gap has developed between what stakeholders expect and what an organization is actually doing. Question 5 5 out of 5 points The issue management process has how may stages? Answer Selected Answer: Five. Correct Answer: Five. Question 6 5 out of 5 points The “graying” of the population is an example of: Answer Selected Answer: Customer environment. Correct Answer: Customer environment. Question 7 5 out of 5 points Customer environmental intelligence includes: Answer Selected Answer: Demographic factors. Correct Answer: Demographic factors. Question 8 5 out of 5 points Contemporary issue management: Answer Selected Answer: Is an interactive, forward thinking process. Correct Answer: Is an interactive, forward thinking process. Question 9 0 out of 5 points Issue ripeness refers to: Answer Selected Answer: Correct Answer: How long the issue has been a problem for business, the longer the more ripe. When society’s expectations are high and the issue is highly relevant to business. Question 10 5 out of 5 points Stakeholder engagement is, at its core, a: Answer Selected Answer: Relationship. Correct Answer: Relationship. Question 11 0 out of 5 points The role of special interest groups is an important element in acquiring intelligence from the: Answer Selected Answer: Competitor environment. Correct Answer: Social environment. Question 12 5 out of 5 points An analysis of the stability or instability of a government is an example of scanning the: Answer Selected Answer: Political environment. Correct Answer: Political environment. Question 13 5 out of 5 points When working well, the issue management process: Answer Selected Answer: Continuously cycles back to the beginning and repeats. Correct Answer: Continuously cycles back to the beginning and repeats. Question 14 5 out of 5 points A corporation’s issue management activities are usually linked to: Answer Selected Answer: Both the board of directors and top management levels. Correct Answer: Both the board of directors and top management levels. Question 15 5 out of 5 points Overtime, the nature of business’s relationship with its stakeholders often: Answer Selected Answer: Evolves through a series of stages. Correct Answer: Evolves through a series of stages. Question 16 5 out of 5 points Scholars have found: Answer Selected Answer: A positive association between social and financial performance. Correct Answer: A positive association between social and financial performance. Question 17 5 out of 5 points A social enterprise: Answer Selected Answer: Adopts social benefit as its core mission. Correct Answer: Adopts social benefit as its core mission. Question 18 5 out of 5 points Corporations have a role in establishing their community’s: Answer Selected Answer: Economic growth. Correct Answer: Economic growth. Question 19 5 out of 5 points A company who complies with the laws and regulations set by the government is: Answer Selected Answer: Meeting the minimum level of social responsibility expected by the public. Correct Answer: Meeting the minimum level of social responsibility expected by the public. Question 20 5 out of 5 points Modern corporations should be socially responsible because they: Answer Selected Answer: Create jobs, influencing the lives of employees. Correct Answer: Create jobs, influencing the lives of employees. Question 21 0 out of 5 points As of 2012, the B Corporation status has been legally recognized in how many states? Answer Selected Answer: Fifteen states. Correct Answer: Seven states. Question 22 5 out of 5 points Which of the following examples does not show a company guided by enlightened selfinterest? Answer Selected Answer: A company breaking past records by maximizing quarterly profits. Correct Answer: A company breaking past records by maximizing quarterly profits. Question 23 0 out of 5 points Corporate social responsibility (CSR) means that a corporation should: Answer Selected Answer: Correct Answer: Always forgo profit for the sake of the environment. Be held accountable for any of its actions that affect people, their communities, and their environment. Question 24 5 out of 5 points Stakeholder partnerships, high-tech communication networks, and sustainability audits are examples of: Answer Selected Answer: Corporate/Global Citizenship. Correct Answer: Corporate/Global Citizenship. Question 25 0 out of 5 points When businesses bring products and services to the many people in the world who have traditionally been beyond the reach of global commerce, they are said to be: Answer Selected Answer: Focusing on the ends of the supply chain. Correct Answer: Serving the bottom of the pyramid. Question 26 5 out of 5 points When undertaking social initiatives, a company: Answer Selected Answer: May sacrifice short-term profits. Correct Answer: May sacrifice short-term profits. Question 27 0 out of 5 points When a person or group of people identify a social need and use their entrepreneurial skills to address this need, this process is called: Answer Selected Answer: Social stewardship. Correct Answer: Social entrepreneurship. Question 28 5 out of 5 points Corporate power refers to: Answer Selected Answer: Correct Answer: The capability of corporations to influence government, the economy, and society, based on their organizational resources. The capability of corporations to influence government, the economy, and society, based on their organizational resources. Question 29 5 out of 5 points All of the following are examples of the phases of Corporate Social Responsibility except: Answer Selected Answer: Corporate Charity Principle. Correct Answer: Corporate Charity Principle. Question 30 0 out of 5 points This occurs when financial organizations provide loans to low-income clients or solidarity lending groups (a community of borrowers) who traditionally lacked access to banking or related services. Answer Selected Answer: Micro-entrepreneurship. Correct Answer: Microfinancing