STR581 - Chapter 3 Quiz
Week 1 Chapter 3 QUIZ — STR/581
1. The various interegoloio associated with the CBC Corporation expect and demand their claims toward the organization be settled in a responsible manner. When discussing this concept, all of the following statements would be considered true of a corporation's interest groups except which one?
A) Governments expect adherence to legislation.
B Stockholders desire appropriate returns on their investments.
The general public wants products with fair pricing.
D Employees seek broadly defined job satisfaction from their jobs.
2. As a stakeholder the local communities associated with an organization have distinct views of the responsibility an organization has to them. The views of local communities would include likely all but which one of the following?
A) Participation of company officials in community affairs
B) Providing a place of productive and healthful employment
C Interest in and support of local government dherence to the letter and intent of public policy dealing with the requirements of fair and free competition
3. Outside stakeholders of an organization would include all of the following groups except the general public he board of directors
) local and federal governments.
D) unions and their representatives
4. Which type of social responsibility is best identified as being the firm's obligations to comply with the rules and statutes that regulate business activities?
Economic responsibility
Legal responsibility
C) Discretionary responsibility
D) Ethical responsibility
B
5. Responsibilities voluntarily assumed by a business such as public relations, good citizenship, and full corporate responsibility is best identified as which one of the following? Discretionary responsibilities.
Corporate social responsibilities
C) Ethical responsibilities
D) Economic responsibilities
CR
6. Which one of the following statements would be considered false regarding the concept of corporate
1. The various interegoloio associated with the CBC Corporation expect and demand their claims toward the organization be settled in a responsible manner. When discussing this concept, all of the following statements would be considered true of a corporation's interest groups except which one?
A) Governments expect adherence to legislation.
B Stockholders desire appropriate returns on their investments.
The general public wants products with fair pricing.
D Employees seek broadly defined job satisfaction from their jobs.
2. As a stakeholder the local communities associated with an organization have distinct views of the responsibility an organization has to them. The views of local communities would include likely all but which one of the following?
A) Participation of company officials in community affairs
B) Providing a place of productive and healthful employment
C Interest in and support of local government dherence to the letter and intent of public policy dealing with the requirements of fair and free competition
3. Outside stakeholders of an organization would include all of the following groups except the general public he board of directors
) local and federal governments.
D) unions and their representatives
4. Which type of social responsibility is best identified as being the firm's obligations to comply with the rules and statutes that regulate business activities?
Economic responsibility
Legal responsibility
C) Discretionary responsibility
D) Ethical responsibility
B
5. Responsibilities voluntarily assumed by a business such as public relations, good citizenship, and full corporate responsibility is best identified as which one of the following? Discretionary responsibilities.
Corporate social responsibilities
C) Ethical responsibilities
D) Economic responsibilities
CR
6. Which one of the following statements would be considered false regarding the concept of corporate