BS Week 3 Business Ethics : CSR & CSV Quiz

What does **CSR** stand for?

• Corporate Sustainable Reform

• Corporate Social Responsibility

• Consumer Sales Regulation

• Community Service Requirement

Which concept focuses on creating economic value in a way that also produces value for society by addressing its challenges?

• Corporate Philanthropy

• Corporate Governance

• Creating Shared Value (CSV)

• Cause-Related Marketing

Who introduced the concept of Creating Shared Value (CSV)?

• Michael Porter and Mark Kramer

• Peter Drucker

• Milton Friedman

• Henry Mintzberg

Who are credited with the concept of "Creating Shared Value"?

• Milton Friedman

• Michael Porter and Mark Kramer

• Peter Drucker

• John Elkington

Which of the following is NOT a component of the "Triple Bottom Line"?

• People

• Planet

• Profit

• Productivity

A company reducing its energy consumption to lower costs and decrease environmental impact is an example of:

• Corporate Negligence

• Traditional Profit Maximization

• Creating Shared Value (CSV)

• Corporate Social Responsibility (CSR)

Which key difference distinguishes CSR from CSV?

• CSR focuses on profit only, CSV does not

• CSR is about compliance, CSV integrates social value into core business

• CSR is mandatory, CSV is voluntary

• CSR is short-term, CSV is long-term

The term "Greenwashing" refers to:

• Investing in renewable energy projects.

• Implementing genuine environmental sustainability practices.

• Misleading claims about a company's environmental efforts.

• Government subsidies for eco-friendly businesses.

Which of the following is a common criticism of **Corporate Social Responsibility (CSR)**?

• It ignores the interests of stakeholders.

• It can be superficial and primarily used for public relations.

• It focuses too much on short-term profits.

• It always leads to increased operational costs.

Engaging stakeholders in a way that creates mutual value is characteristic of:

• Corporate Philanthropy

• Compliance Management

• Corporate Social Responsibility (CSR)

• Creating Shared Value (CSV)