Business School 101 Quiz

What major shift did the U.S. Business Roundtable announce in 2019 regarding corporate purpose?

• Increasing executive salaries

• Focusing solely on shareholder value

• Promoting an economy serving all stakeholders

• Reducing corporate taxes

How does CSR contribute to employee satisfaction?

• By creating a sense of community and respect

• By increasing salaries

• By offering more vacation days

• By providing free meals

Which of the following is a benefit of CSR related to customer behavior?

• Reduced marketing costs

• Decreased brand loyalty

• Increased product prices

• Increased customer loyalty

What is one of the key components of sustainability?

• Economic sustainability

• Political sustainability

• Technological sustainability

• Cultural sustainability

What does environmental sustainability emphasize?

• Maximizing resource extraction

• Increasing industrial output

• Reducing labor costs

• Living within the means of natural resources

Which company is known for investing in renewable energy and sustainable offices?

• Amazon

• Google

• Apple

• Microsoft

What is a benefit of sustainability related to business operations?

• Increased operational costs

• Reduced employee engagement

• Decreased productivity

• Increased productivity and reduced costs

How does sustainability help businesses with regulations?

• By avoiding all regulations

• By reducing the need for regulations

• By making compliance more difficult

• By positioning businesses to meet changing regulations

Why is CSR and sustainability no longer optional for companies?

• They are a temporary trend

• They are required by law

• They are central to internal and external growth

• They are only for large corporations

What opportunity do companies have by participating in CSR and sustainability initiatives?

• To focus solely on profit maximization

• To reduce their workforce

• To showcase their core values and build trust

• To increase their tax liabilities