4. ________ is defined as a business firm's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.
(A) Social obligation
(B) Social responsibility
(C) Values-based management
(D) Social screening

37. Bill, a manager at a consulting firm, has been keenly analyzing the performance of a new recruit who turns out to be extremely intelligent. He concludes that she will be a good manager in the future even though her interpersonal skills are not half as impressive. This conclusion on Bill's part seems to be the result of ________. (A)stereotyping (B)the halo effect (C)assumed similarity (D) selectivity

1. The ________ view of social responsibility holds that management's only social responsibility is to maximize profits. (A) sociolegal (B) contemporary (C) classical (D) socioeconomic

2. Under the concept of social obligation, the organization does what is required by the ________. (A) stakeholders (B) environment (C) society (D) law

3. When a firm advertises that it only uses recycled paper products it is ________. (A) meeting its social screening requirements (B) being socially responsive (C) adopting green management (D) meeting its social obligation

5. In the United States a company that meets federal pollution control standards and does not discriminate in hiring, promotion, and pay is generally meeting its ________. (A) social obligation (B) green management requirements (C) social screening requirements (D) social responsibility

6. According to the ________ argument on social responsibility, businesses should be socially responsible because responsible actions are the right thing to do. (A) public image (B) public expectation (C) long-run profit (D) ethical obligation

7. Which of the following arguments on social responsibility states that businesses should address social problems before they become serious and costly to correct? (A) superiority of prevention over cures (B) skills (C) accountability (D) possession of resources

8. Which of the following arguments on social responsibility states that pursuing social goals hurts a business's economic productivity? (A) dilution of purpose (B) lack of skills (C) image (D) costs

9. The process of applying social and environmental criteria to an investment decision is known as ________. (A) community investing (B) value-based management (C) green management (D) social screening

10. In which of the following approaches of going green does the organization exhibit the least environmental sensitivity? (A) light green approach (B) deep green approach (C) stakeholder approach (D) market approach