Hiếu 23.07

What is Corporate Social Responsibility (CSR)?

• Maximizing shareholder profits only
• Avoiding all regulations
• Acting ethically and responsibly beyond legal requirements
• Focusing solely on product innovation

Which of the following is an example of CSR?

• Using the cheapest materials
• Providing safe working conditions
• Firing older employees
• Outsourcing to low-wage countries

A disadvantage of CSR could be:

• Improved brand reputation
• Increased employee motivation
• Rising costs and prices
• Increased customer loyalty

Which group often influences businesses to be more socially responsible?

• Banks
• Pressure groups
• Competitors
• Stockholders

One risk of ignoring social responsibility is:

• More investors
• Higher productivity
• Negative public relations
• Fewer regulations

Which is a demographic factor?

• Exchange rate
• Age
• Profit margin
• Debt level

An ageing population will likely demand more of:

• Children’s toys
• Health services
• Electronic goods
• Music streaming

Ethnic diversity influences demand for:

• Standardized food items
• Generic clothing
• Culturally specific goods
• Lower quality goods

Older workers are more likely to:

• Switch jobs frequently
• Need parenting leave
• Be reliable and experienced
• Resist learning

Younger workers typically:

• Are less flexible
• Are more expensive
• Are more flexible and cost less
• Require fewer benefits