Ushus CSR Round 1

• A ________ _________ sets out the purpose and general direction for the organization.

• Vision statement

• Purpose statement

• Mission statement

• Profit statement

• Which of the following would most effectively act as the primary objective of a business organization?

• •  to communicate with shareholders

• To make a profit

• • to mediate between the organization and the environment

• • All of the above

• What is the purpose of a balanced scorecard?

• • To relate business performance to financial measures.

• • Measure the contribution of people to business growth

• •  Relate business performance to customer satisfaction.

• • To combine a range of qualitative and quantitative indicators of performance.

• Which of the following does the term Corporate Social Responsibility relate to?

• Environmental practice

• • Ethical conduct

•  Human rights and employee relations

• •  All of the above.

• Who are organizational stakeholders?

• • Employees

• • Government

• • Equity shareholders

• • All of the above.

Which of the following statements about CSR is untrue?

• It substantially impacts corporate reporting practices, investment strategies, SCM & public relations

• It is about balancing economic performance, meeting stakeholders' expectations & responsibility towards society

• • It is about recognizing that no organization is an island & must operate in partnership with the outside world.

• • Its primary concern is about maintaining a competitive edge in the global market

• 'Ethics deals with the right actions of Individuals'- Who said this?

• • Michael Porter

• • P F Drucker

• • Satoshi Nakamoto

• • Bill Gates

• What is the principle of corporate responsibility?

• • Trusteeship principle

• • Principle of stewardship

• • Principle of charity

• • All of the above

•  Which one of the following is not the principle of business ethics?

• • Principle of universality.

• • Principle of humanity.

• • Principle of autonomy.

• • Principle of factual presence.

• The relationship between standards of CSR & potential legal requirements governing corporate operation lies at the heart of the 

• • The business community

• Charity

• • Formulation

• The social activity