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WorksheetsIB: CSR Review
Total questions: 25
Worksheet time: 14mins
What does CSR stand for?
Corporate Strategy Review
Corporate Social Responsibility
Customer Service Requirement
Community Service Recognition
What are the Three Bottom Lines?
Profit, People, and Planet
People, Process, and Technology
Profit, Loss, and Equity
Product, Price, and Promotion
By practicing CSR, companies can be accountable to
stakeholders
public
planet
all of the above
Triple bottom line is a theory that states that instead of focusing on simply making profits, companies should also commit to focusing on
increasing their company's size.
social and environmental concerns.
only hiring local employees.
making the best possible product.
An example of a primary stakeholder group is:
the media.
social activists.
environmental groups.
employees.
An example of a secondary stakeholder group is:
social and environmental groups.
suppliers.
customers.
governments.
What is an entrepreneur's responsibility to employees?
Providing a safe workplace and fair employment policies
Being available when promised
Giving suppliers the chance to keep you as a customer
Regular and timely communication with investors
What is an entrepreneur's responsibility to customers?
Owing suppliers timely payment and respecting their pricing decisions
Being honest and transparent in all areas
Cooperating with suppliers to make transactions efficient
Regular and timely communication with investors
Money someone receives in return for providing help in a business deal.
insider trading
confidentiality agreement
kickback
plagiarism
Which of the following is an example of CSR in marketing?
Donating a portion of profits to charity
Increasing product prices
Expanding market reach
Reducing production costs
Which of the following is an example of greenwashing in marketing?
Using recycled materials in packaging
Implementing energy-efficient production methods
Falsely claiming a product is environmentally friendly
Donating to environmental organizations
How can CSR efforts benefit companies?
Position themselves favorably in the eyes of consumers
Ignore the world's most pressing problems
Decrease employee engagement
Attract job candidates with no personal convictions
How can a pharmaceutical company act responsibly?
By increasing the price of medicines
By ignoring patient needs
By reducing the number of employees
By offering safe and quality medicines to as many people as possible
Stakeholders of a business include:
Employees, customers, suppliers, investors and creditors, and local community members.
Nonprofit organizations, business owner's relatives, TOMS Shoes
Bureau of Labor Statistics, UN Global Compact, other major corporations
Ethical sourcing, recyclable packaging, using sustainable designs.
Zara uses models of all gender, races, and ethnicities.
Responsibility to customers
Responsibility to employees
Responsibility to society
Responsibility to creditors
Which of the following actions demonstrates a lack of social responsibility?
Donating to local charities
Polluting the environment
Supporting community events
Offering fair wages
a phrase commonly used when speaking about environmental impact of a business
morals
"going green"
rules and procedures
workplace diversity
What is one of the ways a business can minimize their environmental impact?
dump waste only in ditches
reduce waste by decreasing the amount of packaging used
buy only disposable, non-reusable materials
allow all items that use electricity to remain plugged in and turned on even when not in use
What is Corporate Philanthropy?
Employees who report their employer’s illegal or unethical behavior to either the authorities or the media
The way a company takes responsibility for its actions and their impact on employees, stakeholders and communities
The obligation of the business to contribute to society
The act of a corporation or business promoting the welfare of others, generally through charitable donations of funds or time
Fair Trade
A movement that advocates for fair prices and ethical treatment for producers in developing countries.
A system that promotes free trade without any regulations.
An initiative to reduce the prices of goods in developed countries.
A program that focuses on increasing profits for large corporations.
Which of the following best describes ethical sourcing?
Focusing solely on maximizing profits
Only buying from local businesses
Choosing the cheapest suppliers regardless of their practices
Purchasing materials from suppliers who follow fair labor and environmental practices
Which of the following is an example of a company supporting the 'Planet' aspect of the triple bottom line?
Expanding into new markets
Offering employee bonuses
Reducing carbon emissions in production processes
Launching a new advertising campaign
What is one way companies can demonstrate responsibility to the local community?
Reducing employee benefits
Outsourcing jobs overseas
Supporting local education initiatives
Ignoring local regulations
Which of the following is a way companies can show responsibility towards the environment?
Reducing employee training programs
Ignoring waste management practices
Using renewable energy sources in operations
Focusing only on profit maximization
Match the following scenario to the correct CSR Practice: A clothing company switches to biodegradable packaging and stops using plastic bags.
A. Environmental Responsibility
B. Employee Welfare
C. Community Engagement
D. Ethical Sourcing
