Quiz Unit 15

What does CSR stand for?

• Corporate Stakeholder Relations

• Corporate Social Responsibility

• Corporate Strategic Resources

• Corporate Social Reporting

CSR focuses on a company’s responsibility towards:

• Shareholders only

• Society and the environment

• Marketing campaigns

• Internal business operations

1. What is the primary purpose of CSR?

• Maximizing shareholder profits

• Ensuring sustainable and ethical business practices

• Reducing competition

•  Promoting products to new markets

Which of the following is a common CSR practice?

• Exploiting cheap labor

• Reducing waste through recycling programs

• Cutting corners to save costs

• Avoiding taxes

The “Triple Bottom Line” approach includes:

• People, Profit, Planet

•  Products, Pricing, Planet

• Policies, Profits, People

• Profit, Products, Partnerships

Which of these is an example of environmental CSR?

• Promoting gender equality in the workplace

• Donating to a children’s education fund

• Reducing greenhouse gas emissions

• Providing healthcare benefits to employees

CSR involves balancing the interests of:

• Employees and shareholders only

• Stakeholders, society, and the environment

• Customers and suppliers only

• Investors and government authorities

Philanthropy in CSR typically refers to:

• Providing employee bonuses

• Donating money or resources to social causes

• Increasing production efficiency

• Reducing environmental impacts

Which term refers to conducting business in a way that benefits future generations?

• Innovation

• Growth strategy

• Profitability

• Sustainability

The global framework that promotes CSR principles is:

• The United Nations Global Compact

• The World Bank CSR Agenda

• The International Trade Organization

• The International Monetary Fund