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Corporate Social Responsibility and Ethical Business Practices Quiz
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Corporate Social Responsibility and Ethical Business Practices Quiz

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Questions and Answers

What is the primary reason for the increase in calls for companies to act in the best interest of broader society?

  • To minimize their impact on the external environment (correct)
  • To increase profits
  • To avoid legal issues
  • To attract more customers
  • Which of the following is NOT considered a responsibility of organizations according to the text?

  • Responsibility to the public
  • Responsibility to competitors (correct)
  • Responsibility to shareholders
  • Responsibility to customers
  • What does responsible and ethical business practice entail according to the text?

  • Avoiding taxes
  • Competing unfairly
  • Maximizing shareholder value
  • Acting in the best interest of all stakeholders (correct)
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