Corporate Social Responsibility

1. 1. What is the primary focus of economic responsibility in CSR?

• A) Ensuring environmental sustainability

• B) Maximizing profitability and providing returns to shareholders

• C) Donating to local charities

• D) Following legal regulations

2. 2. Which model outlines the four areas of CSR: economic, legal, ethical, and philanthropic responsibilities?

• • A) Donna Wood's model

• B) Milton Friedman's model

• • C) Archie Carroll’s model

• • D) Michael Porter’s model

3. 3. Which of the following is an example of a social program under CSR?

• • A) Paying taxes

• • B) Implementing ISO 14000 environmental management systems

• • C) Maximizing shareholder returns

• • D) Following government regulations

4. 4. What does the 'ethical' component of CSR entail?

• • A) Compliance with laws

• • B) Maximizing profits

• • C) Doing what is right, just, and fair

• • D) Philanthropic activities

5. 5. D) What is a corporation regarded as in the eyes of the law?

• • A) A natural person

• • B) An artificial person

• • C) An independent entity

• • D) A social enterprise

7. 7. What is the fiduciary responsibility of managers and directors in a corporation?

• • A) To act in their own best interests

• • B) To act in the best interests of shareholders

• • C) To prioritize environmental sustainability

• • D) To maximize customer satisfaction

8. 8. What is the primary concern of shareholders in a corporation?

• • A) Environmental sustainability

• • B) Social responsibility

• • C) Financial return on investment

• • D) Employee welfare

9. 9. Which country is known for its long-standing tradition of donating to higher education and local community services?

• • A) India

• • B) China

• • C) United States

• • D) Germany

10. 10. Which of the following is NOT a responsibility of corporations as outlined by Archie Carroll’s model?

• • A) Economic

• • B) Legal

• • C) Ethical

• • D) Political

11. 11. What is an example of a social impact in CSR?

• • A) Improved literacy rates from a company’s educational program

• • B) Increased shareholder dividends

• • C) Higher product sales

• • D) Reduced operational costs