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Worksheets18MS2001 QA2
Total questions: 10
Worksheet time: 20mins
CSR stands for ____________
corporate social recommendations
corporate society responsibility
corporate social responsibility
co-operative social responsibility
The three areas of social responsibility of a business are __________
Political, Economic, Environmental
Economic, Social, Environmental
Environmental, Social, Technological
Economic, Environmental, Ethical
Sustainable business practice means
Involving employees in decision making
Considering the benefits of stakeholder over shareholder practices
Developing policies
Assessing how present business practice affects the future
Which is not a characteristic of corporate social responsibility?
Consumer rights
Price-fixing
Environmental policies
Product safety
___________, the greater will be its social prestige.
The more advertisement business unit will do
The more luxury items a business unit will produce
The more effectively a business unit caters to the needs of society
The more profit a business unit will earn
__________ is when a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities.
Social obligation
Social responsiveness
Social Concern
None of the above
Which of the following statements about CSR is NOT true?
It has a strong impact on corporate reporting practices,investment strategies & public relations.
It is about striking balance between economic performance , meeting stakeholders expectations & responsibility towards society.
Its main concern is about maintaining a competitive edge in global market
It is about recognizing that no organization is an island & must operate in partnership with the outside world.
A firm is said to have good corporate social performance when:
stockholders invest in socially responsible causes
charitable deductions are automatically deducted from pay without the consent of employees
the company has not been convicted of ethical violations for five consecutive years
stakeholders are satisfied with its level of social responsibility
Which one of the following approaches of creating an ethical and socially responsible workplace is likely to be the most powerful?
Passing out posters with the statement "Just Say No to Bad Ethics"
Placing posters about ethics throughout the organization
Top management acting as models of the right behavior
Including a statement about ethics and social responsibility in the employee handbook
Sustainable development will NOT aim at:
Social economic development which increase the economic and societal benefits available in the present, without spoiling the likely potential for similar benefits in the future
Reasonable and equitably distributed level of economic well-being that can be perpetuated continually.
Development that meets the need of the present without compromising the ability of future generations to meet their own needs
Maximizing the present day benefits through increased resource consumption
