Business studies second

What is meant by the phrase CSR?

Q.1. What is meant by the phrase CSR?

a) Corporate Social Responsibility

d) Company Society Responsibility

• a) Corporate Social Responsibility

• b) Company Social Responsibility

• c) Corporate Society Responsibility

• d) Company Society Responsibility

Q.2. Why, according to stakeholder theory, is it in companies' best interests to pay attention to their

stakeholders?

• a) If firms only act in their own self-interest employees may feel exploited.

  
  

• b) If firms only act in their own self-interest government might put more regulation on them.

• c) If firms only act in their own self-interest customers might not like the image that the company

  portray.

• d) If firms only act in their own self-interest and inflict harm on stakeholders then society might

  withdraw its support.

Q.3.What does and Ethical Foundation for an organization embody?

• a) The structure, operational and conduct of the activities of the organization

• b) The basic principles which govern the external and internal relations of the organization

• c) Neither of the above

• d) All of these

Q4.What does the importance of ethical behavior, integrity and trust call into question?

• a) The extent to which managers should attempt to change the underlying beliefs and values of

  individual followers

• b) Who does what

• c) What we do next

• d) None of the above

Q.5. Which of the following would most effectively act as the primary objective of a business

organization?

• a) To make a profit

• b) To procure resources

• c) To communicate with shareholders

• d) To mediate between the organization and the environment

Q.6 Which of the following does the term Corporate Social Responsibility relate to?

• a) Ethical conduct

• b) Environmental practice

• c) Community investment

• d) All of the above

Q.7. Who are organizational stakeholders?

• a) Government

• b) Employees

• c) Customers

  
  

• d) All of the above

Q.8. What is Ethics to do with?

• a) The wider community

• b) Business

• c) Right and wrong

• d) Nothing

Q.9. Which of the following is an example of an area where business ethics apply?

• a) Conduct of international operations

• b) Nowhere

• c) In the personal life of staff

• d) None of the above

Q.10. The dimension of social responsibility refers to a business's societal contribution of

time, money, and other resources.

• a) Ethical

• b) Philanthropic

• c) Volunteerism

• d) Strategic