Corporate Social Responsibility (CSR) Definition

TrustyClearQuartz avatar
TrustyClearQuartz
·
·
Download

Start Quiz

Study Flashcards

10 Questions

What is the primary focus of social business operations?

Considering the full scope of externalities

What is the concept that suggests the interests of business and society overlap?

Dual Value

What is the outcome of good Corporate Social Responsibility (CSR) practices, according to research?

Improved company image and higher share price

What is the term for CSR policies that enhance a company's competitiveness and advance socio-economic and environmental conditions?

Double Dividend

What is the primary goal of adopting environmental friendly technologies in CSR practices?

Reducing carbon emissions

What is the concept that suggests businesses should operate beyond legal obligations?

Voluntariness

What is the term for the interaction between businesses and stakeholders, including shareholders, suppliers, and customers?

Stakeholder Engagement

What is the ultimate goal of businesses operating in a healthy society and environment?

Producing both social and economic benefits

What is the term for the movement that promotes businesses to contribute to the 4th Sustainable Development Goal (SDG)?

Era of Sustainability

What is the outcome of businesses responding to social challenges in the developing world?

Poverty reduction

Test your understanding of Corporate Social Responsibility (CSR) and its importance in achieving a balance between economic, environmental, and social imperatives. Learn how businesses can contribute to sustainable development while improving the quality of life for employees and the local community.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser