Corporate Social Responsibility Quiz

What is the main focus of corporate social responsibility?

• Saving money and reducing operating cost

• Maximizing profit while ignoring additional responsibilities

• Improving product quality through ethical means

• Responsibility of the business towards the society

According to Carroll's model of CSR, which of the following is not a part of CSR pyramid?

• Moral

• Legal

• Economic

• Philanthropic

What is the societal expectation for the philanthropic component of CSR?

• Expected

• Required

• Desired

• Required

All are benefits of Corporate Social Responsibility EXCEPT,

• Access to funding opportunities

• Increase in customer retentions

• Wasting money on energy costs

• Enhance relationships with stakeholders

What does CSR demonstrate about a company's actions?

• It is not relevant to financial success

• It has no impact on profitability

• It can make more money by doing the right thing

• It can not make more money by doing the right thing

What is the response of managers who choose not to be socially responsible and behave illegally and unethically?

• Obstructionist response

• Proactive response

• Accommodative response

• Defensive response

What is the highest level of responsibility according to the levels of responsibility?

• Defensive response

• Proactive response

• Accommodative response

• Obstructionist response

What does CSR in Business Ethics stands for?

• Customer Service Representative

• Corporal Social Responsibility

• Customer Support Responsibility

• Corporate Social Responsibility

Which is an argument supporting the CSR?

• To contribute to society's social, environmental, and economic goals through action

• To avoid legal and ethical responsibilities

• To maximize profit at any cost

• To maximize the negative impact of company operations on society and environment

What is the main concept of CSR according to the definition?

• Maximizing shareholder wealth

• Ignoring societal values

• Integrating social and environmental concerns in business operations

• Minimizing stakeholder influence