Evolution of Corporate Social Responsibility
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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</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)</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</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</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</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</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</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</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</p> Signup and view all the answers

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

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

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

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

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