Entrepreneurial Mind Quiz 3

What is the top level of Carroll’s CSR Pyramid?

• Ethical Responsibility

• Legal Responsibility

• Economic Responsibility

• Philanthropic Responsibility

Which of the following is an example of legal responsibility in a business?

• Paying taxes as required by law

• Donating money to charity

• Encouraging employees to volunteer

• Selling eco-friendly products

What is the main idea behind environmental sustainability?

• Maximizing short-term profits

• Using resources responsibly to protect future generations

• Expanding businesses without regulations

• Avoiding all environmental protection laws

Which ethical approach focuses on maximizing happiness for the greatest number of people?

• Utilitarian approach

• Justice approach

• Individual rights approach

• Legalistic approach

Which of the following is NOT one of the Three Pillars of Sustainability?

• Environmental Sustainability

• Social Sustainability

• Political Sustainability

• Economic Sustainability

Social responsibility means businesses should ignore profits and focus only on charity work.

• True

• False

Companies that engage in CSR tend to build stronger brand reputations and customer loyalty.

• True

• False

Kohlberg’s pre-conventional level of moral development is based on self-interest and avoiding punishment.

• True

• False

Cultural relativism suggests that ethical behavior is universal and does not change across societies.

• True

• False

A company that refuses to engage in bribery in countries where it is common is demonstrating post-conventional morality.

• True

• False