Corporate Social Responsibility Definitions
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What are the three dimensions integrated into the concept of corporate social responsibility?

  • Social, legal, and technological dimensions
  • Economic, environmental, and social dimensions (correct)
  • Environmental, cultural, and ethical dimensions
  • Economic, political, and technological dimensions

    • According to Shahin and Zairi (2007), what does social responsibility entail?

  • Fulfilling only society's short-term needs and wants
  • Ignoring the negative effects of actions on society
  • Optimizing the positive effects of actions on society (correct)
  • Maximizing profits at the expense of society

    • According to Koontz and O’Donnell (1968), how did they define social responsibility?

  • Personal obligation with due regard for freedom not to restrict others from doing the same thing (correct)
  • Personal obligation to maximize profits at any cost
  • Obligation to always restrict others from doing the same thing
  • Personal obligation to ignore society's needs and wants

    • What is the primary implication of the 'social contract' between business and society in terms of social responsibility?

    <p>'Social contract' obligates businesses to be responsive to society’s long-run needs and wants</p> Signup and view all the answers

    Based on Steiner's (1977) definition, what does Corporate Social Responsibility involve?

    <p>Concern for the welfare of society and preventing destructive activities</p> Signup and view all the answers

    What did the World Business Council on Sustainability Development (1998) describe as social responsibility?

    <p>The continuing commitment by Business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families</p> Signup and view all the answers

    According to Business for Social Responsibility (BSR), how is CSR defined?

    <p>Achieving commercial success in ways that honor ethical values and respect people, communities, and the natural environment</p> Signup and view all the answers

    How is corporate social responsibility (CSR) known as?

    <p>The continuing commitment by Business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families</p> Signup and view all the answers

    According to Macmillan (2005), what does CSR describe?

    <p>A comprehensive set of policies, practices, and programmes integrated into business operations, supply chain, and decision-making processes</p> Signup and view all the answers

    What has become increasingly important to investors and consumers?

    <p>Investments that contribute to the welfare of society and the environment</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser