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Corporate responsibility

Quiz by Marqita Williams

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4 questions
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  • Q1
    What is the primary goal of corporate social responsibility?
    Promoting sustainable and ethical business practices
    Gaining a competitive advantage
    Complying with legal regulations
    Maximizing profit for shareholders
  • Q2
    Why is corporate responsibility important for businesses?
    To minimize social and environmental impacts
    To comply with legal regulations only
    To build trust and reputation with stakeholders
    To maximize short-term profits
  • Q3
    What are some common corporate responsibility initiatives?
    Minimum wage increases
    Merger and acquisition deals
    Product price reductions
    Charitable donations and employee volunteering programs
  • Q4
    What is the purpose of a stakeholder analysis in corporate responsibility?
    To identify and understand the interests and impacts of different stakeholders
    To increase shareholder profits
    To minimize environmental impacts
    To comply with legal regulations

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