Question
Which statement below best expresses how Porter and Kramer view each of the four common justifications as being weak? A. None of the four lead
Which statement below best expresses how Porter and Kramer view each of the four common justifications as being weak?
A. None of the four lead to a good CSR reputation
B. Most companies cannot afford to do CSR
C. None of the justification engage with all stakeholders
D. They focus on the tension between business and society rather than link the goals of the business with the betterment of society.
Which of the following best summarizes the notion of Strategic CSR?
A. Selecting CSR initiatives that meet both the moral obligation and stewardship obligations firms have to society.
B. Being a good corporate citizen by strategically mitigating all potential harms of operations and value chain activities such that social issues are reduced and sustainability of the environment is improved.
C. Choosing CSR activities that transform operations and value chain activities to benefit society and the firm's competitiveness and/or efforts that improve or change external contexts in ways the address social issues and enhance the firm's competitiveness.
Porter states that there are three areas ("buckets") of opportunity that firms can look to for creating shared value. Which set of three areas below did he mention?
A. People, profits, and planet
B. Product, value chain, and the ecosystem of firms clustered around the company
C. Fair trade, sustainability, and employee well-being
D. Philanthropy, activism, and lobbying
Which statement below best expresses how Porter and Kramer view each of the four common justifications as being weak?
A. None of the four lead to a good CSR reputation
B. Most companies cannot afford to do CSR
C. None of the justification engage with all stakeholders
D. They focus on the tension between business and society rather than link the goals of the business with the betterment of society.
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