MGT 521 Week 6 Knowledge Check Essay Example

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Differences Between a Firm’s Social Obligation, Social Responsiveness, and Social Responsibility 100% 1
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1.
As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that your school is addressing. If your university was paying minimum wage when necessary and applying the minimum legal standards to its employees’ work environment, it would be said to have fulfilled its ________. A.

social obligation
B.
social responsibility
C.
social responsiveness
D.
social expectation
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2.
As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that the school is addressing. If your university provides job-share programs, builds a day-care facility, and only uses recycled paper, it could be said to be ________. A.

fulfilling its social obligation
B.
socially aware
C.
socially responsive
D.
socially image conscious
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3.
An organization with a ___________ perspective on social responsibility is focused on maximizing profits. A.
social responsibility
B.
social screening
C.
social profitability
D.
social obligation
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4.
The process of applying social and environmental criteria to an investment decision is known as ________. A.
green management
B.
values-based management
C.
community investing
D.
social screening
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5.
Managers who consider the impact of their organization on the natural environment are said to be practicing ________. A.
values-based management
B.
ethics-based management
C.
conventional management...
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