Understanding CSR and CSV

Which of the following BEST differentiates CSR from CSV?

• CSR focuses on compliance, while CSV integrates social good into core strategy.

• CSR aims for long-term economic value, while CSV is purely philanthropic.

• CSR is legally mandated, while CSV has no economic benefits.

• CSR is a subset of CSV, which is purely profit-driven.

A company donates money to an NGO for rural healthcare. Under which category does this fall?

• CSV, because it supports healthcare.

• CSR, because it is a philanthropic activity.

• Neither, as it is unrelated to business.

• Both CSR and CSV, because all social initiatives create shared value.

Which of the following best represents a CSV initiative?

• A company reducing its carbon footprint to meet government regulations.

• A business developing affordable nutritious products that improve public health.

• A bank donating scholarships to underprivileged students.

• A corporation sponsoring environmental awareness campaigns.

Why do many businesses struggle to implement CSV effectively?

• CSV requires abandoning profitability for social impact.

• It demands systemic changes and cross-sector collaboration.

• CSR policies often conflict with CSV initiatives.

• CSV is only applicable to multinational corporations.

Which of the following is NOT an example of CSV?

• ITC’s e-Choupal empowering farmers through digital access to markets.

• Nestlé’s investment in dairy farming infrastructure in developing countries.

• A company installing solar panels to reduce energy costs and emissions.

• A bank funding an orphanage with annual donations.

What was the PRIMARY objective behind Nestlé’s CSV approach in rural supply chains?

• Enhance corporate image and brand equity.

• Improve public relations and government compliance.

• Strengthen supplier relationships and ensure sustainable sourcing.

• Meet international CSR reporting standards.

Why is ITC’s e-Choupal considered a CSV model rather than CSR?

• It provides philanthropic benefits to farmers.

• It integrates social impact into ITC’s supply chain, enhancing efficiency and profit.

• It is an independent NGO initiative funded by ITC.

• It operates outside ITC’s core business activities.

Which of the following challenges does CSV NOT address directly?

• Economic development in marginalized communities.

• Business profitability in the short term.

• Skill development for sustainable employment.

• Environmental sustainability through circular economy practices.

Nestlé’s Creating Shared Value approach in milk procurement involves:

• Sourcing only from large dairy farms for cost efficiency.

• Providing training and resources to small farmers for quality improvement.

• Partnering only with government agencies for rural development.

• Donating milk products to underprivileged communities.

Which statement about e-Choupal is FALSE?

• It provides real-time agricultural information to farmers.

• It helps farmers access direct markets, bypassing intermediaries.

• It solely operates as a non-profit CSR initiative.

• It reduces procurement costs for ITC while increasing farmers’ income.