Corporate Social Responsibility (CSR) 2.0: Evolution and Best Practices
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Questions and Answers

What is Corporate Social Irresponsibility (CSI) defined as?

  • A strategy undertaken by companies to improve profitability
  • A positive social role undertaken by companies in the world around them
  • Business doing wrong in relation to the environment, community, society, ethics, and business practices (correct)
  • A strategy to attend to evident social or environmental problems
  • What is the main difference between CSR 1.0 and CSR 2.0?

  • CSR 1.0 is associated with corporate citizenship, while CSR 2.0 is not
  • CSR 2.0 focuses on profitability, while CSR 1.0 focuses on the environment
  • CSR 1.0 addresses underlying causes, while CSR 2.0 only addresses evident conditions
  • CSR 2.0 substantially addresses causes, while CSR 1.0 only attends to evident conditions (correct)
  • Why is Corporate Social Responsibility (CSR) important?

  • It improves customers' perception of the brand, attracts and retains employees, and increases business appeal to investors (correct)
  • It only increases business appeal to investors
  • It only improves customers' perception of the brand
  • It only attracts and retains employees
  • What is the term associated with Corporate Social Responsibility (CSR)?

    <p>Corporate Citizenship</p> Signup and view all the answers

    What is the focus of Corporate Social Responsibility (CSR)?

    <p>Taking an active and positive social role in the world</p> Signup and view all the answers

    What is the main difference between CSI 0.0 and CSR 1.0?

    <p>CSI 0.0 is irresponsible, while CSR 1.0 is responsible</p> Signup and view all the answers

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