WorksheetsCSR AND ETHICS (PART 1)
Total questions: 5
Worksheet time: 70secs
Which of the following statement is NOT related to CSR?
Firms have an obligation to take actions that protect and enhance the well-being of their stakeholders.
Framework emphasized that CSR is less than philanthropic and community initiatives.
Firms are not only responsible to shareholder but accountable for the effect of their actions on various shareholder group.
CSR extends the fiduciary responsibility of corporate manager to stakeholders.
These are the four dimension of CSR EXCEPT
Marketplace
Community
Shareholders
Environment
Which of the following is NOT the four layers of responsibility under CSR model according to Caroll?
Legal responsibility
Ethical responsibility
Philanthropic responsibility
Social responsibility
"Iron Law of Responsibility" is pioneered in model according to
Davis
Keith Davis
Carol
Friedman
Which are the following is related to Proposition 1 : Social responsibility arises from social power?
This proposition states that a business should realize that some socially beneficial activities can reduce their profitability.
This proposition states that a business receives inputs from society and disclose its operation to the public.
This proposition states that a business has a great influence and power over social issues.
This proposition states that a business must consider the short-term and long-term benefits and consequences of its operations before making business decision.
