Quiz on Corporate Social Responsibility (CSR)

What is the role of CEOs in CSR?

• To laud and promote CSR practices

• To focus solely on profit margins

• To ignore CSR initiatives

• To reduce corporate responsibility

Who is the scholar known for influencing the understanding of corporate social responsibility (CSR)?

• Archie Carroll

• Milton Friedman

• Peter Drucker

• Michael Porter

What must companies do to fulfill their economic responsibility?

• Turn a profit

• Follow the law

• Engage in philanthropy

• Act ethically

Which level of responsibility involves serving others by producing desired goods?

• Economic

• Legal

• Ethical

• Philanthropic

What does Carroll's pyramid visually represent?

• Four levels of social responsibility

• Company profits

• Legal regulations

• Ethical standards

What does living ethically require beyond following the law?

• Self-sacrifice for abstract principles

• Strict adherence to rules

• Avoiding all risks

• Maximizing profits

What is the ethical issue with presenting someone else's idea as your own?

• It is unethical

• It is illegal

• It is profitable

• It is encouraged

What was Microsoft found guilty of in the early 2000s?

• Pursuing predatory strategies

• Avoiding taxes

• Environmental pollution

• Employee discrimination

What is an example of a company activity that impacts the community positively?

• Sending teams to work at a soup kitchen

• Increasing product prices

• Reducing employee benefits

• Cutting down on production

What is the ethical sphere often associated with in business?

• Customer satisfaction

• Product innovation

• Market expansion

• Cost reduction