What is Corporate Social Responsibility (CSR)?

What is Corporate Social Responsibility (CSR)?

Assessment

Interactive Video

Business, Biology

12th Grade - University

Hard

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The video explores Corporate Social Responsibility (CSR), contrasting shareholder and stakeholder perspectives. CSR is a business model integrating social and environmental concerns, aiming to enhance communities and reduce harm. Ethical views differ: shareholders may see CSR as profit abandonment, while stakeholders view it as community support. CSR motivations include philanthropy and self-interest, offering benefits like brand enhancement, customer loyalty, and risk mitigation. The video concludes with a summary and introduces the next topic, the triple bottom line.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the shareholder perspective on business responsibility?

Maximizing community welfare

Maximizing shareholder profit

Balancing profit and social concerns

Reducing environmental impact

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the stakeholder perspective view the role of a business?

As a government entity

As solely profit-driven

As a community partner

As a non-profit organization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main objectives of CSR according to the video?

Doing positive good and reducing harmful activities

Maximizing shareholder profit and reducing costs

Enhancing brand image and increasing sales

Increasing market share and reducing competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

From a shareholder perspective, what could drive CSR?

Government regulations

Enlightened self-interest

Employee demands

Philanthropic objectives

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can CSR serve shareholder interests?

By reducing employee engagement

By winning customer loyalty

By limiting market expansion

By increasing operational costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of CSR mentioned in the video?

Decreased investor interest

Risk mitigation

Higher employee turnover

Increased tax liabilities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the next topic to be discussed after CSR in the video series?

Corporate governance

Shareholder value

Triple bottom line

Environmental sustainability