Question 1

What is corporate social responsibility?

Accepted Answer

The concern a company has about society's welfare.

Answer

The concerns shareholders have about society's welfare.

Answer

The social demands customers have about society's welfare.

Question 2

Which of the following is an argument FOR corporate social responsibility?

Accepted Answer

Companies should be concerned with improving society, or the government will get involved

Answer

The government does not care what businesses do in order to make a profit

Answer

Companies will lose money investing in socially-responsible activities

Question 3

Which of the following is an argument AGAINST corporate social responsibility?

Accepted Answer

Companies should be in business solely to make a profit

Answer

Companies should only invest in the interests of certain stakeholders

Answer

Companies are responsible for fixing any environmental destruction they caused due to pollution

Question 4

Which of the following answer choices demonstrates an example of sustainability in business?

Accepted Answer

A company focuses first on helping society and ends up making a profit

Answer

A company makes decisions that will allow it to last for many years

Answer

A company is very profitable and will sustain its earnings for many years

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