CSR cares for

• the environment

• the employees

• stakeholders

• animals

Stakeholders include...

• employees

• customers

• lobby groups

• government

Which of the following in/are (an) argument(s) in favour of CSR?

• Businesses that assist the community in which they operate through CSR programmes receive greater support from the community.

• Business must act on social issues in their communities or else customers will move away from the area. E.G. Increased poverty may lead to increased crime which will drive people away.

• CSR detracts from the business's core activities.

• Businesses that operate in sustainable ways are usually also innovate enough to identify additional avenues of income.

Which of the following is considered to be the first step in the recipe for designing a successful CSR programme?

• Management should create a CSR policy for the business.

• Employees throughout the business should brainstorm to come up with initiatives for CSR.

• An inventory of skills and resources needed to implement the programme should be drawn up.

• Management must communicate the need for CSR across the business.

Which is not a way a business can be socially responsible?

• drawing on the skills of employees

• avoiding conflicts of interest

• becoming involved in the community

• paying employees correctly

In India, the concept of CSR is governed by Clause ____ of the Companies Act, 2013.

• 135

• 145

• 125

• 130

Which work is ethical:

• Adulteration in goods

• Selling of duplicate goods with brand names

• Exploitation of the employees

• Honesty in dealing with customers.

Value based management is essential to combine subjective and .....

• Normative phenomena

• Objective phenomena

• Power

• Tangible items

Which of the following does not contribute to the development of a manager's standard of ethics?

• Competitors behaviours

• Society's norms and values

• Individual life experience

• Environmental situations

Which of the followings justifies the existence and growth of the business:

• Maximum service to society

• Charging high margin

• Selling adulterated goods at a heavy discount

• Avoiding government regulation