Evolution of Corporate Social Responsibility

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 does the acronym CSR stand for in the business world?

  • Corporate Sustainability Report
  • Company Service Regulations
  • Corporate Social Responsibility (correct)
  • Customer Satisfaction Ratio

Which of the following is a pro of Corporate Social Responsibility as mentioned in the text?

  • Boosts value and profitability (correct)
  • Diminishes employee motivation
  • Reduces overall costs significantly
  • Creates shareholder resistance

What is one of the cons associated with Corporate Social Responsibility according to the text?

  • Boosts company reputation
  • Promotes greenwashing (correct)
  • Decreases costs considerably
  • Enhances customer relations

What is Coca-Cola's commitment as part of their 'World Without Waste' vision by 2030?

<p>To collect and recycle 100% of its product packaging (D)</p> Signup and view all the answers

What recognition did Coca-Cola Philippines receive according to the text?

<p>Asia Corporate Excellence and Sustainability Awards (ACES) (A)</p> Signup and view all the answers

How does Coca-Cola contribute to sustainable business operations in the Philippines according to the text?

<p>By boosting the waste management system in the country (A)</p> Signup and view all the answers

What is the basic purpose of businesses according to the Committee for Economic Development (CED)'s view on Corporate Social Responsibility?

<p>To constructively serve the needs of society to their satisfaction (A)</p> Signup and view all the answers

According to Jones, how should Corporate Social Responsibility (CSR) be seen?

<p>As a decision-making process influencing corporate behavior (D)</p> Signup and view all the answers

Why do multi-national companies believe that being responsible is a safe path according to the text?

<p>To balance the opportunities and challenges of globalization (A)</p> Signup and view all the answers

What are some aspects included in companies' implementation of Corporate Social Responsibility (CSR) according to the text?

<p>Environmental protection and stakeholder rights (A)</p> Signup and view all the answers

Carroll's Four-Part Pyramid Model of Corporate Social Responsibility includes all of the following EXCEPT:

<p>Political Responsibilities (D)</p> Signup and view all the answers

What influences the continuous evolution of Corporate Social Responsibility (CSR) according to the text?

<p>Organizations incorporating social interests in business practices (C)</p> Signup and view all the answers

Who is often referred to as the father of Corporate Social Responsibility (CSR)?

<p>Howard Bowen (C)</p> Signup and view all the answers

What was the catalyst for the modern concept of Corporate Social Responsibility (CSR)?

<p>Social Responsibilities of the Businessman publication (C)</p> Signup and view all the answers

What was one of the key beliefs during the mid-to-late 1800s Industrial Revolution regarding employment practices?

<p>Employment practices caused poverty and labor unrest (B)</p> Signup and view all the answers

What does Howard Bowen emphasize companies produce other than goods and services?

<p>Workplace conditions (C)</p> Signup and view all the answers

What is one of the key objectives of Module 1 Introduction to CSR?

<p>Exploring the historical development of CSR (D)</p> Signup and view all the answers

Why is investing in social responsibility considered economically rational according to Howard Bowen?

<p>To enhance the well-being of employees (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

Use Quizgecko on...
Browser
Browser