Exam 4 Flashcards
The management of a sustainable course of action requires that the firm accept the notion of corporate social _____ in which the firm recognizes it has a responsibility to the broader society.
a) integration
b) research
c) industry research
d) intelligence
e) responsibility
responsibility
The CSR issues are multiple and include all of the following except:
a) “What are the labor laws of the other country?”
b) “How will the community in which the factory is located react to the shutdown of the current factory?”
c) “Will other companies relocate to the same area?”
d) “What happens to current employees?”
e) “What will be the reaction of customers?”
“Will other companies relocate to the same area?”
The purpose of strategically managing MTI is to add _____ to the firm—in both the short-term and long term.
a) skills
b) control of the process
c) value
d) greater understanding of technology
e) potential
value
What is defined as a concept that describes the how, what, and why of social and environmental effects of a firm’s actions on internal and external stakeholders?
a) Industry accounting
b) Social accounting
c) Applied accounting
d) Systems accounting
e) Basic accounting
Social accounting
What is defined as a pattern of resource use that is designed to meet organizational and human needs while preserving the environment?
a) Envirobility
b) Pattern management
c) Great leadership
d) Sustainability
e) Environment friendly initiative
Sustainability
At a global level there are several key areas that the responsible firm needs to examine to determine if its management of technology and innovation is reflective of environmental, social, and economic sustainability. This includes all of the following except:
a) avoiding unfair costs on vulnerable populations by actions such as exploiting natural resources in economically underdeveloped areas.
b) integrating environmental, social, and economic concerns with developing policies about sustainability.
c) decoupling economic growth from environmental degradation.
d) intergenerational equality.
e) maintaining and enhancing the adaptive capacity of the environmental system through good corporate citizenship and avoiding irreversible damage
intergenerational equality.
UTC follows a seven-step decision-making process which does not include:
a) greater ability to potentially develop the next generation of technology.
b) ensuring all the facts of the decision are known.
c) involving people from a few areas of the decision.
d) comparing alternatives with references to company values.
e) understanding the legal requirements
involving people from a few areas of the decision.
UTC further defines that ethical behavior is built on:
a) trust, communication, and integrity.
b) communication, respect, and integrity.
c) trust, respect, and responsibility.
d) trust, respect, and responsibility.
e) trust, respect, and integrity.
trust, respect, and integrity.
For organizations who are trying to manage technology and innovation, sustainability requires the managers of the firm to have a strategy which should include which of the following:
a) make use of some science.
b) protect, maintain, and rehabilitate economic systems.
c) use of resources should be based on strategic plans that are well thought out and implemented in a responsible way.
d) the controls for new processes should emerge after product launch to ensure sustainability.
e) no trade-off.
use of resources should be based on strategic plans that are well thought out and implemented in a responsible way.
There are three broad social issues that impact the firm, one is defined as the:
a) currency rates.
b) sustainability of international relations.
c) perceived value of the company.
d) ethics of leaders and individuals.
e) corporate economic responsibility.
ethics of leaders and individuals.
Each new product or process implementation is:
a) separate from previous projects.
b) in budget.
c) related to previous projects.
d) unique.
e) the same.
unique.
The Landa group was identified as one of the most _____ firms in the world.
a) innovative
b) socially economic
c) largest
d) fiscally responsible
e) destructive
innovative
The project to take low-level heat from the environment and convert it to electricity is a green technology and designed to lessen dependence on fossil fuels so far has taken how many years to design?
a) 20 years
b) 14 years
c) 10 years
d) 7 years
e) 3 years
14 years
To prepare the conceptualization of the innovation project, managers need to:
a) state clearly the gap the project is going to address.
b) identify constraints.
c) develop alternatives to address the issues identified by the gap analysis.
d) gather information about the nature of the innovation to be undertaken and its place in the gap analysis results.
all of these are correct.
There are two key types of individuals who must be on the team if a design is to be viable—concept generators and concept _____.
a) initiators
b) implementers
c) backers
d) none of these are correct
e) planners
implementers
