TEST YOUR KNOWLEDGE

Part 1: Matching Questions

1.     Firms generally adopt one of four different basic approaches to Managing Social Responsibility Across Borders (in order from least responsible to most responsible):

2.     Major watchdog for monitoring working conditions in factories in developing countries

3.     Corporate Social Audit

4.     Legal Compliance

5.     Most companies that strive to be responsible to their stakeholders concentrate first and foremost on three main groups:

A Extent to which the organization conforms to regional, national, and international laws

B Customer, Employees, Investors

C International Labor Organization (ILO)

D Formal and thorough analysis of the effectiveness of the firm's social performance

E Obstructionist Stance, Defensive Stance, Accommodative Stance, Proactive Stance

Part 2: Matching Questions

1.     Obstructionist Stance

2.    Legal Compliance

3.    Most companies that strive to be responsible to their stakeholders concentrate first and foremost on three main groups:

4.    Defensive Stance

5.    Dutch CSR experts Rob van Tulder and Alex van der Zwart suggest there are three main actors in the policy formulation process:

A Organization will do everything that is required of it legally but nothing more

B The state (which passes and enforces laws), The market (which utilizes inputs and allocates outputs to members of the society), Civil society (includes churches, charitable organizations, labor unions, etc)

C Customer, Employees, Investors

D Extent to which the organization conforms to regional, national, and international laws

E Organization does as little as possible to address social or environmental problems

CHECK ANSWERS

Matching Questions

Part 1:

1.    ANSWER: E Obstructionist Stance, Defensive Stance, Accommodative    Stance, Proactive Stance

2.    ANSWER: C International Labor Organization (ILO)

3.    ANSWER: D Formal and thorough analysis of the effectiveness of the firm's  social performance

4.    ANSWER: A Extent to which the organization conforms to regional, national,  and international laws

5.    ANSWER: B Customer, Employees, Investors

Part 2:

1.      ANSWER: E Organization does as little as possible to address social or                environmental problems

2.    ANSWER: D Extent to which the organization conforms to regional, national,    and international laws

3.    ANSWER: C Customer, Employees, Investors

4.    ANSWER: A Organization will do everything that is required of it legally but  nothing more

5.   ANSWER: B The state (which passes and enforces laws), The market (which utilizes inputs and allocates outputs to members of the society), Civil society (includes churches, charitable organizations, labor unions, etc)