WorksheetsT Level M&A - CSR
Total questions: 20
Worksheet time: 10mins
True or false.
Companies should take the expectations of the broader community into account when making decisions.
True
False
Stakeholders include...
employees
customers
lobby groups
government
Select the term that best matches the description below:
A business is responsible to ensure that it produces goods/services that an be sold at a profit from which employees and shareholders will benefit.
ethical responsibility
discretionary responsibility
economic responsibility
none of the above
True of False.
Defensive CSR is about looking after the reputation of the business.
True
False
True of False.
The principle of TRANSPARENCY requires that all relevant information about CSR initiatives has to be communicated to stakeholders - even if it is negative.
True
False
The three areas of social responsibility of a business are:
Political, Economic, Environmental
Environmental, Social, Technological
Economic, Social, Environmental
Economic, Environmental, Ethical
What's the definition of CSR?
its an activity engaged in a commercial or industrial business
Its a business responsibility towards society
its a process of keeping financial information
its a state of a healthy and positive manner
who are the stakeholders included in CSR?
Employees
Customers
Suppliers
all of the above
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
The early definition of corporate social responsibility was
maximizing profits
accomplishing the firm's social action goals.
seriously considering the impact of the company's actions on society.
that the corporation had not only economic and legal obligations, but also certain responsibilities to society which extended beyond those obligations.
Identify the unethical behavior
Following code of ethics
Bribery and Corruption
Integrity
Accountability
Stakeholders are the individuals or groups who:
Are the shareholders in key competitors
Determine the strategy of the organization
Dominate the operational issues in the organization
Have an interest or concern in the activities of an organization
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
Corporate social responsibility leads to
Improved reputation and branding
Increased profits
Self interest
Shareholder wealth
Which of the following shows corporate responsibility?
A car-manufacturing company sells cars at very expensive prices to discourage people from buying cars and consuming fossil fuel
A car-manufacturing company that takes into consideration fuel efficiency
A car-manufacturing company that tries to cut production costs that may compromise product quality
Carbon footprint refers to the amount of non harmful greenhouse gasses.
False
True
Producing high-quality products is an example of what?
legal and illegal
legal and unethical
illegal and unethical
legal and ethical
To generate more employment opportunities is the social responsibility of business towards _____________________________
society
customer
shareholder
Kuch bhi nahi
Which of the following can explain the need for pollution control:
Cost Savings
Reduced risk of liability
Reduction of health hazards
All of the above
