Question
1. _____ is the idea that business has obligations to the world outside its four walls A. Corporate social responsibility B. Social awareness C. Shareholder
1. _____ is the idea that business has obligations to the world outside its four walls
A. Corporate social responsibility
B. Social awareness
C. Shareholder equity
D. People power
2. The triple bottom line measurement refers to the 3Ps of _____
A. past, present, and future profit.
B. profits, process, and procedures
C. people, planet, and profit.
D. personnel, planning, and projects.
3. _____ are those who are affected by a firm' s decisions and operations.
A. Stockholders
B. Stakeholders
C. Competitors
D. Governments
4. CSR definitions and practices are ____
A. all the same.
B. different among industries and companies.
C. clearly understood.
D. set by government rules.
5. Businesses have an economic responsibility to _____
A. compete in the marketplace.
B. keep the economy going.
C. support government spending.
D. make a profit.
6. _____ are societal norms regarding what is fair and reasonable.
A. Behaviors
B. Ethics
C. Laws
D. Etiquettes
7. From an ethical perspective, businesses may be viewed as a part of _____
A. the environment.
B. government.
C. humanity.
D. society.
8. Cost, quality, and capital are _____
A. three business challenges for sustainability efforts.
B. the main reasons business exit.
C. the most important measures of business success.
D. easily obtained.
9. Opponents of CSR say the core responsibility of business is to _____
A. be competitive.
B. decrease operating costs.
C. maximize profit and shareholder equity.
D. provide customer service.
10. Companies will engage in CSR when _____ demand it.
A. special interests
B. suppliers
C. customers
D. laborers
11. Supporters of CSR say it can reduce the risk of _____ publicity.
A. local
B. widespread
C. biased
D. negative 1
2. _____ think CSR activity is all about enhancing a firm' s public image.
A. All people
B. Supporters
C. Skeptics
D. Business managers
13. ______ backlash is often harsh when companies fail to enforce CSR with suppliers.
A. Shareholder
B. Customer
C. Government
D. Student
14. Opponents of CSR say that ______ mainly care about prices and not CSR.
A. customers
B. shareholders
C. suppliers
D. governments
15. CSR should be considered when creating _____
A. dividend payments.
B. business and supply chain strategies.
C. inventory projections.
D. sales forecasts.
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