18 Questions
What is the primary goal of the profit maximization approach to ethics?
To maximize shareholder value
Which approach to ethics prioritizes the well-being of all stakeholders?
Utilitarian approach
What is the moral rights model primarily concerned with?
Respecting the moral rights of individuals
Why is corporate social responsibility important for organizational sustainability?
It enhances the organization's reputation
What is the primary role of stakeholders in corporate social responsibility?
To provide guidance on ethical decisions
How can an organization improve its ethical conduct in the workplace?
By implementing a code of conduct
What is the primary consideration of the moral rights model?
Respecting individuals' rights and dignity
What is the primary goal of corporate citizenship?
Minimise harm and maximise benefits
What is the main goal of profit maximization?
Earning the highest possible profits
What is the primary focus of corporate social responsibility (CSR)?
Nurturing and promoting the welfare of stakeholders and society
What is the main criterion for evaluating corporate social performance (CSP) in terms of employment?
Employment selection and promotion based on merit
What is the primary focus of organisations that prioritise profit maximisation without considering social effects?
Maximising profit without considering how it is made
What is the benefit of aligning with society's expectations in terms of corporate social responsibility?
Long-term benefits for employees and customers
What is the approach of managers who accept the utilitarian model and believe that doing what is right is beneficial for the organisation?
Doing what is right for the organisation's well-being
What is the primary concern of employees in organisations?
Remuneration and benefits
What is the role of organisations in corporate social investment programmes?
Investing in areas that are the responsibility of government
What is the focus of ethical organisations?
Maximising profit while minimising negative social effects
What is the primary concern of stakeholders in organisations?
Addressing specific concerns related to their role
Test your knowledge on Corporate Citizenship and Social Responsibility principles, including minimizing harm, maximizing benefits, accountability, and promoting the welfare of stakeholders and society. Learn about the importance of ethics and values in business practices. Explore the role of CSR in sustainable development and environmental concerns.
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