Understanding CSR and Stakeholder Theory

Understanding CSR and Stakeholder Theory

University

20 Qs

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Understanding CSR and Stakeholder Theory

Understanding CSR and Stakeholder Theory

Assessment

Quiz

Social Studies

University

Practice Problem

Easy

Created by

Trang Thu

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the traditional view of CSR?

A company's primary duty is to promote employee welfare.

CSR focuses on environmental sustainability over profits.

The main goal of CSR is to enhance community relations.

The traditional view of CSR is that a company's main responsibility is to maximize shareholder profits.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the modern view of stakeholder theory differ from the traditional view?

The modern view ignores the impact of business on society.

The modern view focuses solely on profit maximization.

The modern view emphasizes inclusivity and interconnectedness of all stakeholders, while the traditional view prioritizes shareholder value.

The traditional view includes only customers as stakeholders.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name one key characteristic of traditional CSR concepts.

Philanthropy

Compliance

Transparency

Sustainability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main categories of CSR?

Corporate profit maximization

Employee bonuses and incentives

Product marketing strategies

The main categories of CSR are environmental sustainability, ethical labor practices, community engagement, and economic responsibility.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is CSR significant in today's business environment?

CSR has no impact on customer loyalty.

CSR is significant as it builds trust, enhances reputation, and aligns business with societal values.

CSR is primarily a legal requirement for businesses.

CSR is only important for large corporations.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does stakeholder theory expand the concept of CSR?

Stakeholder theory ignores the needs of employees and customers.

Stakeholder theory expands CSR by focusing on the interests of all stakeholders, not just shareholders.

CSR is solely about maximizing shareholder profits.

Stakeholder theory limits CSR to only environmental concerns.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do ethical implications play in CSR?

Ethical implications are irrelevant to business success.

Ethical implications ensure responsible business practices that align with societal values and stakeholder expectations.

Ethical implications only concern legal compliance.

CSR focuses solely on profit maximization.

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