BUSINESS ETHICS QUIZ - DEMO

It is defined as 'a continuing commitment of business to behave ethically and contribute to economic development while improving the lives of the workforce and their families, their local community and the society at large'.

• Sound Business

• Corporate Social Responsibility

• Social Enterprise

• Concentric Circles of CSR

Three P's of CSR are:

• People, Planet, Production

• People, Planet, Promotion

• People, Process, Profit

• People, Planet, Profit

The Friedman's Model prioritizes:

• Increasing profit

• Helping the community

• Abiding by the law

• Following ethical standards

Which CSR model outlines four fundamental business responsibilities?

• Friedman's Model

• Ackerman's Model

• Carroll's CSR Pyramid

• Intersecting Model of CSR

Which model is known for its three phases?

• Friedman's Model

• Ackerman's Model

• Carroll's CSR Pyramid

• Intersecting Model of CSR

Which is NOT one of Carroll's four fundamental responsibilities?

• Ethical Responsibilities

• Environmental Responsibilities

• Economic Responsibilities

• Philanthropic Responsibilities

Which model rejects a hierarchical approach to CSR and emphasizes the integration of three aspects?

• Friedman's Model

• Ackerman's Model

• Carroll's CSR Pyramid

• Intersecting Model of CSR

What are the three aspects integrated in Intersecting Model of CSR?

• Economic, Legal, Philanthropic

• Economic, Legal, Ethical

• Economic, Legal, Moral

• Economic, Ethical, Philanthropic

Which BEST explains the Philanthropic Responsibilities in Carroll's CSR Pyramid?

• Businesses is also responsible for the betterment of the society

• Entrepreneurs should follow sets of ethical standards

• Businesses should always abide by the law

• Businesses should focus in making profit

Which of the following is the BEST example of philanthropic responsibilities?

• Providing fair wages to its employees.

• Paying all required taxes on time.

• Ensuring its products meet all safety standards.

• Sponsoring a local youth sports league.