Corporate Social Responsibility and Corruption Quiz

What does Corporate Social Responsibility (CSR) refer to?

• The legal obligations of corporations

• How companies take responsibility for their actions in the world

• The responsibility of companies to maximize profits

• The ethical standards of employees

What is the defensive justification for CSR in developing countries?

• To promote economic growth

• To minimize adverse effects on local communities

• To increase corporate profits

• To enhance global competitiveness

Which of the following is a proactive justification for CSR?

• Minimizing risks

• Increasing domestic public benefits

• Reducing operational costs

• Enhancing shareholder value

What role do governments play in the CSR agenda?

• They promote competition

• They have no role

• They can align business activities with public policy

• They only enforce laws

What is a key aspect of CSR in international business?

• Avoiding local regulations

• Focusing solely on shareholder interests

• Practicing CSR to gain stakeholder confidence

• Maximizing profits at all costs

Which of the following is NOT a range of application for CSR?

• Sustainable development

• Human and labor rights

• Transparency

• Maximizing tax evasion

What does corporate transparency involve?

• Limiting communication with stakeholders

• Restricting information to shareholders

• Facilitating public access to corporate information

• Hiding corporate information

What is a major form of corruption in international business?

• Sustainability

• Transparency

• Bribery

• Corporate governance

What is one effect of corruption on developing countries?

• Enhanced economic stability

• Increased foreign investment

• Bypassing local democratic processes

• Improved public services

What is a common method used to hide corrupt gains?

• Public banking

• Private banking

• Government audits

• Transparency initiatives