43 Questions
What is the primary role of trade unions?
Advocating for employee benefits and fair labor practices
How can businesses directly reduce poverty?
Creating jobs
What is a key benefit of offering educational support to employees?
Enhancing skills and productivity
What is a key strategy for combating HIV/AIDS in the workplace?
Implementing a clear HIV/AIDS policy
How can employee training contribute to workforce development?
In-service training in new technologies
What is the main purpose of offering financial support to NGOs in the workplace?
Supportive measures for combating HIV/AIDS
How do regulatory frameworks from the government influence businesses?
Mandating CSR activities
How does ensuring product quality and safety benefit businesses?
Building consumer trust and loyalty
What does social responsibility entail for a business?
Engaging in activities that promote societal well-being
Why does economic sustainability play a role in Corporate Social Responsibility (CSR)?
A thriving community increases demand for products and services
How can investing in community well-being benefit a company?
It leads to increased profits through greater customer loyalty
What is the connection between a business's long-term success and the communities it serves?
Business success is interconnected with community health and prosperity
What role do stakeholders like suppliers play in Corporate Social Responsibility?
Collaborative relationships can create more sustainable supply chains
Why does a business's commitment to contribute positively to stakeholders' quality of life matter?
Quality of life affects a company's long-term success
How does Corporate Social Responsibility (CSR) benefit businesses in the long run?
By enhancing a company's reputation and increasing profits
Why is a business more likely to prosper in a thriving community according to the text?
As a thriving community has increased spending power and demand for products and services.
What is the primary focus of Corporate Social Responsibility (CSR) initiatives according to the text?
Addressing the impacts of operations on society.
How do collaborative relationships with suppliers benefit businesses participating in CSR initiatives?
By creating more sustainable supply chains.
Why is long-term profitability emphasized in the discussion of Corporate Social Responsibility (CSR)?
As investing in community well-being can lead to increased profits in the long run.
What is the significance of economic sustainability in the context of CSR initiatives?
A thriving community results in increased spending power and demand for products and services.
How does investing in community development benefit businesses involved in CSR?
By enhancing market opportunities and increasing profits.
Why are stakeholders considered essential in the implementation of CSR initiatives according to the passage?
Due to their role in enhancing community well-being and market opportunities.
Which stakeholder primarily advocates for employee benefits and fair labor practices?
Trade Unions
What type of business program can contribute to long-term financial security for employees?
Economic Investment
Which strategy helps businesses manage the workplace implications of HIV/AIDS?
Policy Implementation
What CSR practice can be inspired by competitors?
Innovative CSR practices
Which strategy aims to enhance skills and productivity?
Employee Training
How can businesses support community well-being?
Offering financial support to NGOs
What contributes to a more skilled workforce?
Providing bursaries for further education
Which stakeholder primarily ensures product quality and safety?
Consumers
Why is it crucial for a business to engage in social responsibility initiatives?
To ensure a positive impact on the community and long-term success
What distinguishes social responsibility from a business's immediate interests?
The obligation to address socio-economic challenges
In the context of CSR, how do CSR initiatives contribute to a company's reputation and profits?
By increasing customer loyalty and enhancing reputation
What drives businesses to invest in community development according to the text?
To expand market opportunities and enhance goodwill
How does investing in community well-being impact the long-term sustainability of a business?
It helps build a loyal customer base in the community
What role do collaborative relationships with suppliers play in Corporate Social Responsibility?
They help create more sustainable supply chains
How does economic sustainability contribute to a business's long-term success?
By creating stability in communities and increasing demand for products
What is a potential outcome of offering work experience opportunities to young volunteers according to the text?
Enhancing employability
How can businesses indirectly contribute to improving community well-being?
By offering financial support to NGOs
What role do trade unions play in advocating for according to the text?
Employee benefits and fair labor practices
Why is policy implementation important in combating HIV/AIDS in the workplace?
To manage workplace implications of the disease
What can be a consequence of not providing educational support for further education to employees?
Reducing employee motivation
How do supportive measures benefit businesses in the context of combating HIV/AIDS in the workplace?
By providing access to medical treatment and counseling
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free