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Corporate Social Responsibility

Authored by Zoey C

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Corporate Social Responsibility
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21 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The form of business that limits the liability of individuals for the risks involved in business activities is known as ( ).

corporation

partnership

joint proprietorship

sole proprietorship

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Legislators created a form of business called corporations because they thought that businesses could be more efficient in raising the capital necessary for producing goods, services, jobs, and wealth if ( ).

multiple owners were involved in the strategic decision-making process of the firm.

there was transparency among all stakeholders.

firms had the obligation to justify bad decisions.

individuals were protected by limiting the liability of individuals for business activities.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the economic model of corporate social responsibility, the sole duty of a business is to ( ).

go beyond legal responsibilities to cater to the needs of the society.

fulfill the economic functions that it was designed to serve.

think beyond economic ends that have to be met to help the society.

analyze the defects in society and design products to overcome these defects.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is true about the economic model of CSR?

It holds that a business should prioritize environmental sustainability.

It has its roots in the Kantian tradition of ethics.

It contends that the goal of business managers should be to pursue profit within the law.

It holds that social goals should be at the heart of a firm's mission.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following models of corporate social responsibility holds pursuit of profit as the sole duty of a business?

Economic model of corporate social responsibility

Philanthropic model of corporate social responsibility

Social web model of corporate social responsibility

Integrative model of corporate social responsibility

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A narrow view of corporate social responsibility is expressed by the ( ).

social web model of corporate social responsibility.

integrative model of corporate social responsibility.

economic model of corporate social responsibility.

philanthropic model of corporate social responsibility.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best describes corporate social responsibility?

It refers to the dedication that employees show in meeting organizational goals.

It refers to the accountability that a manager has over his subordinates.

It refers to the actions for which a business can be held accountable.

It refers to the actions that maximize the profit of an organization.

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