Team 2 - Chapter 11 : Ethics & CSR - ICA 6

If companies were superheroes, how would they showcase Corporate Social Responsibility ?

• Batman : Donating to charity like

• Judge Dredd : Strictly following the law like

• Captain America : Aligning strategies with social goals like Captain America

• Movie Villain : Ignoring environmental impact

Answer explanation

Just like Captain America aligns his actions with the greater good, companies practicing CSR prioritize strategies that benefit society alongside their financial goals.

Which term best describes the difference between the minimum wage and a living wage ?

• Basic Needs vs. Comfortable Lifestyle

• Secret Identity vs. Superpower

• Kryptonite vs. Invincibility

• Sidekick vs. Superhero

Answer explanation

Minimum wage covers essential needs, while a living wage ensures a more comfortable standard of living, including discretionary expenses beyond necessities.

If forced labour were a movie genre, which one would it be?

• Horror : Violates human rights.

• Fantasy : Providing economic benefits with a magic spell.

• Drama : Improving worker productivity with intense emotional consequences.

• Comedy : None of the above.

Answer explanation

It emphasizes the importance of upholding human rights and ethical labor practices by the businesses.

Which theory focuses on promoting the "greatest happiness of the greatest number"?

• Utilitarianism

• Virtue ethics

• Cultural relativism

Answer explanation

Utilitarianism suggests that businesses should make decisions that benefit the majority of stakeholders and contribute to overall societal well-being, rather than focusing solely on individual interests or profits.

What's the Secret Source of Business Ethics?

• Understanding Cultures

• Systems of Values

• Maximizing profits

Answer explanation

Businesses should integrate ethical values into their operations, considering stakeholders' interests alongside profitability, fostering long-term sustainability and societal well-being.

If Disney characters were faced with the challenges of earning the minimum wage, what would they struggle with the most?

• Escaping an evil stepmother's chores

• Finding a magic lamp

• Balancing work and dreams of adventure

• Breaking free from an evil spell

Answer explanation

It reflects the challenge of balancing work and personal aspirations, mirroring the concept of work-life balance in CSR discourse.

Which Toy company is known for its Principles of Social Entrepreneurship?

• LEGO

• Hasbro

• Mattel

Answer explanation

LEGO's focus on education and creativity demonstrates how businesses can contribute to societal welfare beyond profit-making, embodying the principles of stakeholder capitalism.

If CSR were a superhero team, what would be the four dimensions according to Carroll's model?

• Fantastic Four : Economic, Legal, Ethical, and Environmental

• The Avengers : Financial, Regulatory, Social, and Charitable

• Guardians of the Galaxy : Profitability, Compliance, Sustainability, and Community

• The Justice League : Economic, Legal, Ethical, and Philanthropic

Answer explanation

The Justice League shows the collective effort to uphold justice and protect society and Carroll's model, ensures fairness and positive community impact.

Which athletic apparel company faced scrutiny for labor practices in its global supply chain, prompting discussions about CSR and ethical sourcing?

• Adidas

• Nike

• Puma

• Under Armour

Answer explanation

It emphasizes ethical standards in supply chains, and the significance of sustainability reporting for transparency, aligning with international CSR standards.

Would you draw a heart in support of UN SDGs?

Answer explanation