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Chp 1, Lesson 5

Quiz by Alicia Gonzales

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4 questions
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  • Q1
    What is corporate social responsibility?
    The concerns shareholders have about society's welfare.
    The concern a company has about society's welfare.
    The social demands customers have about society's welfare.
  • Q2
    Which of the following is an argument FOR corporate social responsibility?
    The government does not care what businesses do in order to make a profit
    Companies should be concerned with improving society, or the government will get involved
    Companies will lose money investing in socially-responsible activities
  • Q3
    Which of the following is an argument AGAINST corporate social responsibility?
    Companies should be in business solely to make a profit
    Companies should only invest in the interests of certain stakeholders
    Companies are responsible for fixing any environmental destruction they caused due to pollution
  • Q4
    Which of the following answer choices demonstrates an example of sustainability in business?
    A company makes decisions that will allow it to last for many years
    A company is very profitable and will sustain its earnings for many years
    A company focuses first on helping society and ends up making a profit

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