Corporate Social Responsibility – Knowledge Check Questions & Answers

Corporate Social Responsibility – Knowledge Check Questions & Answers All those who in some way are related to a firm’s activities are known as: Public Shareholders Stakeholders Clients Answer: A) Stakeholders Which of the following is NOT part of Archie Carroll’s pyramid of corporate social responsibility? Legal responsibility Discretionary responsibility Ethical responsibility Answer: A) Stakeholder responsibility An application of Milton...

International Banking – Asymmetric Information, Adverse Selection, Moral Hazard – 2

Q. Explain briefly Asymmetric Information, Adverse Selection, and Moral Hazard. A. Asymmetric information occurs when there is a gap between the amount of information that people have. In a market, it exists when a seller has more information than a buyer. In case of asymmetric information, information is distributed unbalanced. Information necessary to make an informed decision is not known...

Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century.

Statement: Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century.  Arbitration has already become the preferred method of dispute resolution in international commercial contracts in the 21st century, and we believe it will stay in that way.   Corporate parties tend to avoid going to courts because litigation is expensive, public, and time-consuming. A court...

Ellen Worksheet – Organizational Commitment, Stages of Dissatisfaction, Motivational Theories, Job Dimensions

Case Scenario Ellen got her ”first, good – real” job [not counting the “McJobs” she had while going to school to make some money for tuition, books, entertainment, etc…]. She got this “real” job after being interviewed once during a period when unemployment was very low. Not knowing any better, she felt lucky to get this job. In this “real”...

Protected Grounds – Ancestry, Colour, Race, Citizenship, Ethnic Origin, Place of Origin

1. Find a relevant piece of Human Rights Legislation [either Canada-Federal or Provincial / Territorial]. For this assignment, I will discuss the Ontario Human Rights Code (OHRC). 2. What are the “protected grounds? As per the OHRC, the protected grounds are citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex/pregnancy, family status, marital status, sexual orientation,...

External Trends – CREST, PEST, PESTEL

1. Identify one organization operating in Canada. Air Canada, Canada’s national airline company.  2. List the external trends in each category of CREST/PEST/PESTEL. CREST: Competition, regulation and laws, economy, social, technology. PEST: Political, economic, social, technological. PESTEL: Political, economic, social, technological, environmental, legal. 3. Explain how the trends could impact this organization and what that organization would need to do...

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