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WorksheetsCORPORATE SOCIAL RESPONSIBILITY
Total questions: 20
Worksheet time: 14mins
True or false.
Companies should take the expectations of the broader community into account when making decisions.
True
False
Which of the following is a criterion to measure whether a business has a focus on sustainability?
Low priority for attention
Medium priority for attention
Transparency
Influencing suppliers
Which of the following is considered to be the first step in the recipe for designing a successful CSR programme?
Management should create a CSR policy for the business.
Employees throughout the business should brainstorm to come up with initiatives for CSR.
An inventory of skills and resources needed to implement the programme should be drawn up.
Management must communicate the need for CSR across the business.
Sustainable business practice means:
Assessing how present business practice affects the future
Involving employees in decision making
Considering the benefits of stakeholder over shareholder practices
Developing BBBEE policies
Corporate Social Responsibility is
managing a business in such a way that the broader community including owners, and the environment are taken into account when making business decisions.
managing a business in such a way that the broader community including the employees, competitors, customers and suppliers are taken into account when making business decisions
managing a business in such a way that the broader community including the owners and employees are taken into consideration when making business decisions
managing a business in such a way that the broader community, including employees, customers, suppliers and the environment, is taken into consideration when making business decisions
CSR stands for
corporate socialite responsibility
corporate social responsible
co-operative social responsibility
corporate social responsibility
Which is not a way a business can be socially responsible?
drawing on the skills of employees
avoiding conflicts of interest
becoming involved in the community
paying employees correctly
Packaging and marketing a product in a way that ensures the quality of the product is maintained is not a socially responsible approach to CSR.
False
True
Which of the following is NOT a benefit of a business being socially responsible?
Increased sales
Higher staff morale
Higher staff turnover
Better relationships with stakeholders
It refers to a business’s aim to actively make the world and society a better place.
Ethical Responsibility
Economic Responsibility
Philanthropic Responsibility
Environmental Responsibility
It refers to the belief that organizations should behave in as environmentally friendly a way as possible
Environmental Responsibility
Economic Responsibility
Philanthropic responsibility
Ethical Responsibility
Philanthropic Responsibility Main Goal is..
Make the world and society a better place
Voluntary responsibilities towards society
includes donating products and services to people in need
all of the above
What are the benefits of CSR?
improves company reputation
added competitive advantage
increases innovation
all of the above
Which of the followings justifies the existence and growth of the business:
Maximum service to society
Charging high margin
Selling adulterated goods at a heavy discount
Avoiding government regulation
Securing that the purchasing product is not from slavery or child labor is what responsibility?
Economic Responsibility
Ethical Responsibility
Philanthropic Responsibility
Environmental Responsibility
It's goal is not simply maximizing profits, but positively impact the environment, people, and society.
Environmental Responsibility
Economic Responsibility
Ethical Responsibility
Philanthropic Responsibility
Organizations can achieve sustainability by paying careful attention to their impact on __________ and the ________________.
society, environment
people, profit
stakeholders, shareholders
gains, company
A concept that corporations have an obligation to consider the interests of customers, employees, shareholders, communities, and ecological considerations in all aspects of their operations.
Corporate governance
Corporate Social Responsibility
Corporate culture
Social Responsibility
Which of the following statements about CSR is untrue?
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.
It is about recognizing that no organization is an island & must operate in partnership with the outside world.
Its main concern is about maintaining a competitive edge in global market
