Quiz: Corporate Social Responsibility & Sustainability

20 Questions

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Quiz: Corporate Social Responsibility & Sustainability

Corporate Social Responsibility (CSR) is the way how a corporation manages a balance among its economic, social, and environmental responsibilities so it can produce a positive impact on society. This quiz is about the same. You will face upto twenty questions, read carefully answer relatably.


Questions and Answers
  • 1. 
    A ________ _________ sets out the purpose and general direction for the organisation?
    • A. 

      Vision

    • B. 

      Purpose statement

    • C. 

      Mission statement

    • D. 

      Profit statement

  • 2. 
     Which of the following would most effectively act as the primary objective of a business organization?
    • A. 

      To communicate with shareholders.

    • B. 

      To make a profit.

    • C. 

      To mediate between the organization and the environment.

    • D. 

      All of the above.

  • 3. 
      What is the purpose of a balanced scorecard?
    • A. 

      To relate business performance to financial measures.

    • B. 

      To measure contribution of people to business growth.

    • C. 

      To relate business performance to customer satisfaction.

    • D. 

      To combine a range of qualitative and quantitative indicators of performance.

  • 4. 
     Which of the following does the term Corporate Social Responsibility relate to?
    • A. 

      Environmental practice.

    • B. 

      Ethical conduct.

    • C. 

      Human rights and employee relations.

    • D. 

      All of the above.

  • 5. 
       Who are organisational stakeholders?
    • A. 

      Employees

    • B. 

      Government

    • C. 

      Customers

    • D. 

      All of the above.

  • 6. 
    What is Ethics to do with?
    • A. 

      The wider community.

    • B. 

      Right and wrong.

    • C. 

      Business!

    • D. 

      None of the above.

  • 7. 
    'Ethics deals with the right actions of Individuals' Who said?
    • A. 

      C S Rao

    • B. 

      P F Drucker

    • C. 

      J R Betty

    • D. 

      DC Zane

  • 8. 
    • A. 

      Responsibility

    • B. 

      Sustainability

    • C. 

      Agility

    • D. 

      Integrity

  • 9. 
    • A. 

      .A discipline.

    • B. 

      It is an art & science both.

    • C. 

      Good intention.

    • D. 

      All of the above.

  • 10. 
    Which of the following statements about CSR is untrue?
    • A. 

      It has a strong impact on corporate reporting practices,investment strategies, SCM & public relations.

    • B. 

      It is about striking balance between economic performance , meeting stakeholders expectations & responsibility towards society.

    • C. 

      It is about recognizing that no organisation is an island & must operate in partnership with the outside world.

    • D. 

      Its main concern is about maintaining a competitive edge in global market

  • 11. 
    'Social responsibility is to pursue those policies & decisions or to follow lines of actions which are desirable in terms of the objective & value of our society' who said??
    • A. 

      H R Bowen

    • B. 

      P F Deucker

    • C. 

      G A Steiner

    • D. 

      All of the above

  • 12. 
    • A. 

      Trusteeship principle

    • B. 

      Principle of stewardship

    • C. 

      Principle of charity

    • D. 

      All of the above

  • 13. 
    • A. 

      Universal concept.

    • B. 

      Supremancy of public interest.

    • C. 

      It is related to business organization.

    • D. 

      All of the above

  • 14. 
    Which one of the following is not  principle of business ethics?
    • A. 

      Principle of universality.

    • B. 

      Principle of humanity.

    • C. 

      Principle of autonomy.

    • D. 

      Principle of dissatisfaction.

  • 15. 
    Business ethics is a dynamic philosophy of ---- economic adjustment whose field is widening day-by-day
    • A. 

      Socio

    • B. 

      Political

    • C. 

      Historical

    • D. 

      Traditional

  • 16. 
    The social responsibility of business towards the owners of business includes
    • A. 

      Maximum ROI.

    • B. 

      Report about progress.

    • C. 

      Report of Profit.

    • D. 

      All of the above.

  • 17. 
    CSR that extends beyond legal mandates can help meet social expectations in the absence of:
    • A. 

      Statutory devices.

    • B. 

      Social tool

    • C. 

      Cost tool & technique

    • D. 

      Science tool

  • 18. 
    The relationship between standards of CSR & potential legal requirements governing corporate operation lies at the heart of the 
    • A. 

      The business community.

    • B. 

      Unattaniable

    • C. 

      Formulation

    • D. 

      The social activity.

  • 19. 
    The argument for CSR involves
    • A. 

      Recognition of moral obligations by business.

    • B. 

      Need to balance power with responsibility.

    • C. 

      Voluntary actions would prevent government regulations.

    • D. 

      All of the above

  • 20. 
    The spending on CSR activity is mandatory in India for following organisations:
    • A. 

      3% spending for above 5 cr profit organisations.

    • B. 

      2% spending for above 5 cr profit organisations.

    • C. 

      1% spending for above 5 cr profit organizations.

    • D. 

      Some spending on above 5cr profit organizations