CSR Quiz - Wirtschaftssprache II

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777

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Questions: 5 | Attempts: 4,699 | Updated: Mar 22, 2023

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Welcome to this quiz about Corporate Social Responsibility!

What is CSR? Can CSR help save the world?

Try and answer the questions. . .

Good luck, and enjoy. . .

Questions and Answers

1.

CSR is a company's contribution to sustainability
- A.
  
  TRUE
- B.
  
  FALSE
- C.
  
  I'm not quite sure, yet
Correct Answer
A. TRUE

Explanation
CSR stands for Corporate Social Responsibility, which refers to a company's efforts to contribute to sustainable development by considering the social, economic, and environmental impacts of its actions. Therefore, the statement "CSR is a company's contribution to sustainability" is true.

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2.

Which concerns does CSR address?
- A.
  
  Social & Environmental
- B.
  
  Moral & Ethical
- C.
  
  Legal & Regular
- D.
  
  Monetary & Profit
- E.
  
  Who cares?
Correct Answer
A. Social & Environmental

Explanation
CSR, or Corporate Social Responsibility, addresses concerns related to the social and environmental impact of a company's operations. It involves taking responsibility for the company's actions and ensuring that they contribute positively to society and the environment. This includes addressing issues such as employee welfare, community development, environmental sustainability, and ethical business practices. By considering and addressing these concerns, companies can demonstrate their commitment to being socially and environmentally responsible.

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3.

CSR is a .... initiative (what is the missing word...enter below)

Correct Answer
voluntary

Explanation
CSR is a voluntary initiative because it is not mandated by law or regulations. Companies choose to engage in corporate social responsibility out of their own volition, as a way to contribute to society and improve their public image. By voluntarily taking on CSR initiatives, companies demonstrate their commitment to ethical practices and sustainability, going beyond their legal obligations.

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3
4 0
4.

Which of the following stakeholders are interested in CSR?
- A.
  
  Customers & communities
- B.
  
  Investors & special interest groups
- C.
  
  Employees
- D.
  
  Suppliers
- E.
  
  All above
Correct Answer
E. All above

Explanation
All of the mentioned stakeholders are interested in CSR. Customers and communities are interested in CSR because they expect businesses to be socially responsible and contribute positively to society. Investors and special interest groups are interested in CSR because they want to invest in companies that align with their values and have a positive impact on the environment and society. Employees are interested in CSR because they want to work for companies that prioritize ethical practices and social responsibility. Suppliers are interested in CSR because they want to partner with companies that have sustainable and responsible business practices.

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1
0
5.

Who is responsible for the Standards for "Ethical Trading"?
- A.
  
  World Trade Organization
- B.
  
  World Bank
- C.
  
  EU Comission
- D.
  
  International Labout Organisation (ILO)
- E.
  
  Kim Jong Il
Correct Answer
D. International Labout Organisation (ILO)

Explanation
The International Labour Organisation (ILO) is responsible for setting the standards for "Ethical Trading". The ILO is a specialized agency of the United Nations that aims to promote social justice and improve working conditions globally. It sets international labor standards and provides guidance on various labor-related issues, including ethical trading practices. The ILO works with governments, employers, and workers' organizations to develop and enforce these standards, ensuring fair and ethical practices in the global labor market.

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2
0

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Current Version
Mar 22, 2023

Quiz Edited by
ProProfs Editorial Team
Apr 28, 2010

Quiz Created by
777

CSR Quiz - Wirtschaftssprache II

CSR is a company's contribution to sustainability

Which concerns does CSR address?

CSR is a .... initiative (what is the missing word...enter below)

Which of the following stakeholders are interested in CSR?

Who is responsible for the Standards for "Ethical Trading"?