Podcast
Questions and Answers
What is the primary focus of social business operations?
What is the primary focus of social business operations?
- Improving company image
- Considering the full scope of externalities (correct)
- Complying with legal obligations
- Maximizing profitability
What is the concept that suggests the interests of business and society overlap?
What is the concept that suggests the interests of business and society overlap?
- Sustainable Development
- Triple Bottom Line
- Enlightened Self-Interest
- Dual Value (correct)
What is the outcome of good Corporate Social Responsibility (CSR) practices, according to research?
What is the outcome of good Corporate Social Responsibility (CSR) practices, according to research?
- Reduced productivity and sales
- Improved company image and higher share price (correct)
- Poor staff attraction and retention
- Increased carbon emissions
What is the term for CSR policies that enhance a company's competitiveness and advance socio-economic and environmental conditions?
What is the term for CSR policies that enhance a company's competitiveness and advance socio-economic and environmental conditions?
What is the primary goal of adopting environmental friendly technologies in CSR practices?
What is the primary goal of adopting environmental friendly technologies in CSR practices?
What is the concept that suggests businesses should operate beyond legal obligations?
What is the concept that suggests businesses should operate beyond legal obligations?
What is the term for the interaction between businesses and stakeholders, including shareholders, suppliers, and customers?
What is the term for the interaction between businesses and stakeholders, including shareholders, suppliers, and customers?
What is the ultimate goal of businesses operating in a healthy society and environment?
What is the ultimate goal of businesses operating in a healthy society and environment?
What is the term for the movement that promotes businesses to contribute to the 4th Sustainable Development Goal (SDG)?
What is the term for the movement that promotes businesses to contribute to the 4th Sustainable Development Goal (SDG)?
What is the outcome of businesses responding to social challenges in the developing world?
What is the outcome of businesses responding to social challenges in the developing world?
