CSR and Business Ethics Quiz- SBD W12

Which of the following best describes the primary objective of CSR?

• Maximize shareholder value

• Ensure legal compliance

• Promote ethical behavior and contribute to societal goals

• Achieve product differentiation

Which model emphasizes that companies have obligations not just to shareholders but to a wider group of stakeholders?

• Shareholder Model

• Friedman Doctrine

• Stakeholder Model

• Economic Model

Which philosopher is associated with the idea that the sole responsibility of business is to increase its profits, within legal limits?

• John Rawls

• Milton Friedman

• Peter Drucker

• Edward Freeman

According to the Triple Bottom Line framework, sustainability includes which three key areas?

• Legal, Ethical, Economic

• Economic, Environmental, Social

• Corporate, Environmental, Financial

• Stakeholder, Shareholder, Consumer

A company that invests in clean energy and also engages with communities for development is practicing which type of CSR?

• Economic Responsibility

• Ethical Responsibility

• Strategic CSR

• Reactive CSR

Business ethics primarily concern:

• Legal compliance

• Managerial economics

• Morally right and wrong behavior in a business context

• Stakeholder engagement

Which of the following is NOT a principle of ethical business conduct?

• Transparency

• Greed

• Integrity

• Fairness

What does 'whistleblowing' refer to in the context of business ethics?

• Promoting new business ventures

• Reporting unethical practices within an organization

• Selling company secrets to competitors

• Rebranding business operations

Which ethical theory focuses on consequences of actions to determine right or wrong?

• Deontology

• Virtue Ethics

• Utilitarianism

• Contractarianism

According to deontological ethics, an action is morally right if:

• It maximizes utility

• It results in the greatest good for the greatest number

• It conforms to moral rules or duties

• It is decided by the majority