Question CSR

What is CSR?

• Corporate Sustainability Report

• Corporate Social Responsibility

• Corporate Success Ratio

• Corporate Strategic Risk

According to a survey by the Cone Millennial Cause group, what percentage of young workers want to work for a socially responsible company?

• 20%

• 50%

• 80%

• 100%

What benefit can socially responsible companies gain in terms of profitability?

• Increased consumer loyalty

• Improved employee engagement

• Higher absenteeism

• Increased competition

How can CSR initiatives benefit a company's reputation?

• By decreasing customer loyalty

• By increasing negative media coverage

• By attracting new customers

• By reducing employee engagement

According to the text, what is an example of a company that has seen increased profits as a result of social consciousness?

• Microsoft Corporation

• Coca-Cola Company

• Starbucks Corporation

• Amazon.com, Inc.

Critics argue that devoting a company's resources to social or environmental initiatives can take away from profits.

• True

• False 

A survey conducted by the Cone Millennial Cause group found that young workers are not interested in working for socially responsible companies.

• True

• False 

Companies with a high level of employee engagement tend to have higher absenteeism, job turnover, and health and safety problems.

• True

• False

• Not given

Socially responsible companies are less likely to attract investors.

• True

• False

• Not given

According to the text, Starbucks Corporation saw a 1,200% increase in stock shares from 2008 to 2015 as a result of continued ethical commitments to employees, suppliers, and the community.

• True

• False