Chapter 2 (T/f Questions)

Front 1

Society requires that businesses act in ethically responsible ways.

T/F

Back 1

False

Front 2

The reason that classical economists argue against corporate social responsibility is because they see management’s responsibility as maximizing profits for the owners of the company.

T/F

Back 2

True

Front 3

It is not difficult for managers with a short-range outlook to fully appreciate that their rights and roles in the economic system are determined by society.

T/F

Back 3

False

Front 4

The social responsiveness dimension of the corporate social performance model can be viewed as the activity phase of management’s response in the social sphere.

T/F

Back 4

True

Front 5

The corporate social performance model indicates that social responsibility is not connected to corporate financial performance.

T/F

Back 5

False