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Corporate Social Responsibility

Quiz by brenz2016

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15 questions
Show answers
  • Q1
    If the ideological or legal system whereby commercial activities are primarily regulated through private measures cannot solve social problems, then the responsibility to find solutions for these problems is to the government and not to the business sector.
    Competitive argument
    Capability argument
    Self-interest Argument
    Economic argument
  • Q2
    Business leaders are trained in terms of finance, marketing, operations management but are not equipped to address complex social problems.
    Self-interest argument
    Capability argument
    Competitive argument
    Economic argument
  • Q3
    Businesses need to absorb costs of socially responsible actions and programs which will hurt their competitive position.
    Self-interest argument
    Competitive argument
    Capability argument
    Economic argument
  • Q4
    Which of the following expresses an argument in favor of Corporate Social Responsibility?
    Since businesses often contribute or create social problems, they also need to address or solve them.
    Addressing social issues need that businesses spend for the costs of socially responsible programs.
    The prime responsibility of business is to increase shareholder value within legal bounds but not to be responsible for society.
    Businesses are capable of producing quality goods and services but not capable of finding solutions to social problems.
  • Q5
    There were corporate scandals which led the public to lose trust in government agencies to monitor and control corporation's unrestrained behavior of businesses so that consumers now expect more from organizations they buy from.
    dwindling government roles
    changing social expectations
    pressure from investors
    competitive labor markets

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