Corporate Social Responsibility

Front

What is corporate social responsibility (CSR)?

Back

A company's commitment to operate ethically and contribute to economic development while improving the quality of life of its employees, their families, the local community, and society at large.

Front

Why is corporate social responsibility important?

Back

To contribute to the well-being of society and the environment, promote ethical behavior, build trust with stakeholders, enhance reputation, and achieve long-term business success.

Front

What are the three pillars of corporate social responsibility?

Back

Economic, social, and environmental.

Front

What is the main goal of corporate social responsibility?

Back

To ensure that companies operate in an ethical and sustainable manner, taking into account the impact of their actions on the environment, society, and stakeholders.

Front

Which of the following is an example of a socially responsible behavior by a company towards its employees? Reducing overtime, Restrictions on medical coverage, Diversity training, Promotion based on religion

Back

Diversity training

Front

What is the concept of 'triple bottom line' in corporate social responsibility?

Back

Businesses should focus on people, planet, and profit

Front

Which of the following is an example of a socially responsible behavior by a company towards the environment?
Options:
Using non-renewable energy sources,
Implementing recycling programs and using renewable energy sources,
Donating money to political campaigns,
Dumping waste into rivers

Back

Implementing recycling programs and using renewable energy sources

Front

Companies should take the expectations of the broader community into account when making decisions.

Back

True

Front

Stakeholders include... customers, employees, society, creditors, all of the above

Back

all of the above

Front

Elk Inc. gives employees incentives to bicycle to work.

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Responsibility to employees