Podcast
Questions and Answers
What is the main difference between poverty management and poverty alleviation?
What is the main difference between poverty management and poverty alleviation?
- Poverty alleviation seeks to eliminate poverty entirely.
- Poverty management can only alleviate poverty. (correct)
- Poverty management requires corporate social responsibility.
- Poverty management aims to create wealth.
According to the Shareholder View of Corporate Social Responsibility, what is the primary responsibility of a business?
According to the Shareholder View of Corporate Social Responsibility, what is the primary responsibility of a business?
- Engage in social reform.
- Honor human rights.
- Provide extensive charity support.
- Create shareholder wealth. (correct)
Which statement reflects a common misconception about corporate social responsibility?
Which statement reflects a common misconception about corporate social responsibility?
- CSR targeting younger generations is ineffective. (correct)
- CSR does not contribute to shareholder value.
- CSR primarily focuses on legal compliance.
- Corporate social responsibility enhances competitiveness.
What is an unethical practice within the context of economic responsibility?
What is an unethical practice within the context of economic responsibility?
What might be considered a failure in the legal responsibility aspect of corporate social responsibility?
What might be considered a failure in the legal responsibility aspect of corporate social responsibility?
What was the percentage of the world’s population living in extreme poverty in 2018?
What was the percentage of the world’s population living in extreme poverty in 2018?
Which statement best describes the global learning crisis?
Which statement best describes the global learning crisis?
What was the estimated number of undernourished people in 2017?
What was the estimated number of undernourished people in 2017?
Which region saw an increase in the number of undernourished people from 195 million to 237 million?
Which region saw an increase in the number of undernourished people from 195 million to 237 million?
What is the goal related to gender in the context of sustainable development?
What is the goal related to gender in the context of sustainable development?
What is the likely outcome for extreme poverty if current trends continue until 2030?
What is the likely outcome for extreme poverty if current trends continue until 2030?
What has been the trend for hunger since 2014?
What has been the trend for hunger since 2014?
What is one of the main focuses of the Sustainable Development Goal regarding reduced inequalities?
What is one of the main focuses of the Sustainable Development Goal regarding reduced inequalities?
What is the primary focus of 'Last Mile Schools' in the context of education?
What is the primary focus of 'Last Mile Schools' in the context of education?
Which statement best reflects the status of income inequality globally?
Which statement best reflects the status of income inequality globally?
What demographic is notably affected by high unemployment rates according to the information?
What demographic is notably affected by high unemployment rates according to the information?
What percentage of the world's population is expected to live in cities by 2030?
What percentage of the world's population is expected to live in cities by 2030?
Which of the following is a goal related to sustainable cities and communities?
Which of the following is a goal related to sustainable cities and communities?
What has been a significant advancement in global health, particularly regarding maternal and child health?
What has been a significant advancement in global health, particularly regarding maternal and child health?
What percentage of the global population lacked access to modern energy in 2017?
What percentage of the global population lacked access to modern energy in 2017?
Which region had only 44 percent of its population with access to modern energy in 2017?
Which region had only 44 percent of its population with access to modern energy in 2017?
What is a major ongoing issue despite improvements in gender equality laws?
What is a major ongoing issue despite improvements in gender equality laws?
What has been the trend in life expectancy globally?
What has been the trend in life expectancy globally?
As of 2017, what is the major challenge concerning clean cooking fuels?
As of 2017, what is the major challenge concerning clean cooking fuels?
Which of the following contributes to well-being throughout all ages?
Which of the following contributes to well-being throughout all ages?
How much did global access to modern energy increase from 2015 to 2017?
How much did global access to modern energy increase from 2015 to 2017?
What is the current trend concerning biodiversity?
What is the current trend concerning biodiversity?
Which statement best summarizes the challenges related to implementing the SDGs?
Which statement best summarizes the challenges related to implementing the SDGs?
What remains a significant issue despite the establishment of a Technology Bank for LDCs?
What remains a significant issue despite the establishment of a Technology Bank for LDCs?
What has hindered progress in achieving peace, justice, and effective institutions?
What has hindered progress in achieving peace, justice, and effective institutions?
What is a key goal related to peace and justice?
What is a key goal related to peace and justice?
What proportion of the global population is still not online?
What proportion of the global population is still not online?
What has been a major consequence of recent challenges in justice and institutions?
What has been a major consequence of recent challenges in justice and institutions?
What is a fundamental aspect of building effective institutions?
What is a fundamental aspect of building effective institutions?
Study Notes
Agents of Change
- Goal of leaving no one behind in economic development initiatives.
- Poverty can only be alleviated, not fully managed; aids represent temporary solutions.
Carroll’s Pyramid of CSR
- Multinational Corporations (MNCs) with CSR initiatives maintain competitiveness.
- Engaging the younger generation is essential for effective CSR strategies.
Views of Corporate Social Responsibility (CSR)
- Shareholder View: Focuses on maximizing shareholder wealth; businesses should enhance social responsibility while respecting human rights.
- Multiple Stakeholders View: Emphasizes broader responsibilities that include ordinary citizens and the community at large.
Types of Corporate Responsibilities
- Economic Responsibility: Fundamental economic activities enabling businesses to thrive.
- Ethical Responsibility: Includes moral obligations, such as transparency and fair pricing.
- Legal Responsibility: Compliance with laws and regulations, ensuring product safety.
Global Poverty Statistics
- Worldwide extreme poverty fell from 10% (2015) to 8.6% (2018), but projections indicate 6% could remain in poverty by 2030 if trends persist.
- Current poverty levels indicative of larger systemic issues needing sustainable solutions.
Food Security and Hunger
- Aims to eliminate hunger and promote sustainable agriculture.
- 821 million people were undernourished in 2017, matching levels from 2010.
Health and Well-Being
- Global health improvements include lower maternal and child mortality rates and increased life expectancy.
- Challenges remain, with persistent inequalities in health access and outcomes.
Sustainable Development Goals (SDGs) Overview
- Affordable and Clean Energy: Access has improved, but 840 million people lack modern energy services.
- Reduced Inequalities: Calls for addressing disparities rooted in income, gender, and ethnicity.
- Sustainable Cities and Communities: Rapid urbanization necessitates inclusive and resilient urban planning.
Biodiversity and Infrastructure Development
- Preservation of biodiversity is increasingly urgent, with human activities causing rapid declines.
- Infrastructure developments must include sustainability and inclusivity to foster growth.
Innovation and Technology Access
- The digital divide remains a challenge; half of the global population is still offline despite increased internet access.
Peace, Justice, and Strong Institutions
- Essential for sustainable development, enhanced justice access remains inadequate despite growing advocacy for institutional accountability.
- Many remain deprived of basic rights and security, underscoring the need for proactive reforms.
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Description
Explore the concepts of poverty management versus poverty alleviation while examining Carroll’s Pyramid of Corporate Social Responsibility (CSR). This quiz will help you understand the role of multinational companies in alleviating poverty and creating sustainable change. Delve into the effectiveness of CSR initiatives and their impact on society.
