Question 1

Which of the following is NOT a key benefit of corporate social responsibility?

Accepted Answer

Increased profits

Answer

Improved brand reputation

Answer

Enhanced employee engagement

Question 2

What is the primary goal of corporate social responsibility?

Accepted Answer

To operate ethically and contribute positively to society

Answer

To avoid social and environmental issues

Answer

To maximize profits at any cost

Answer

To minimize employee benefits

Question 3

Why is stakeholder engagement important in corporate social responsibility?

Accepted Answer

To understand diverse perspectives and address concerns

Answer

To ignore the needs of stakeholders

Answer

To reduce employee morale

Answer

To achieve profit maximization

Question 4

Which of the following is a common method for companies to demonstrate corporate social responsibility?

Accepted Answer

Implementing sustainability initiatives

Answer

Exploiting workers for cheap labor

Answer

Maximizing shareholder profits

Answer

Ignoring environmental regulations

Question 5

What is the triple bottom line approach in the context of corporate social responsibility?

Accepted Answer

Balancing financial, social, and environmental performance

Answer

Focusing solely on financial profits

Answer

Prioritizing short-term gains over long-term sustainability

Answer

Ignoring the impact on society and the environment

Question 6

How can companies promote corporate social responsibility within their supply chain?

Accepted Answer

By implementing ethical sourcing practices

Answer

By prioritizing cost-cutting over ethical considerations

Answer

By ignoring labor conditions in supplier factories

Answer

By exploiting cheaper suppliers for higher profits

Question 7

What does the acronym CSR stand for in the business context?

Accepted Answer

Corporate Social Responsibility

Answer

Cost Saving Resources

Answer

Customer Satisfaction Ratio

Answer

Company Sustainability Report

Question 8

Why is transparency an important factor in corporate social responsibility?

Accepted Answer

To build trust with stakeholders and demonstrate accountability

Answer

To prioritize secrecy in business operations

Answer

To avoid regulatory scrutiny

Answer

To conceal unethical practices from the public

Question 9

What is the concept of shared value in the context of corporate social responsibility?

Accepted Answer

Creating economic value while addressing societal needs

Answer

Ignoring social issues for financial gain

Answer

Focusing solely on philanthropic activities

Answer

Maximizing profits at the expense of society

Question 10

What is the purpose of a corporate social responsibility report?

Accepted Answer

To communicate the company's social and environmental performance to stakeholders

Answer

To avoid transparency with stakeholders

Answer

To boost profits for the company

Answer

To hide information about the company's practices

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