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Questions and Answers
Which of the following is NOT a potential benefit of implementing corporate social responsibility programs?
Which of the following is NOT a potential benefit of implementing corporate social responsibility programs?
- Improved brand perception
- Increased employee morale
- Greater productivity
- Decreased customer retention (correct)
What are the four types of CSR efforts that a company can implement?
What are the four types of CSR efforts that a company can implement?
- Environmental initiatives, charity works, ethical labor practices, volunteer projects (correct)
- Supplier negotiations, cost-cutting measures, employee layoffs, profit maximization
- Social media campaigns, customer surveys, sales promotions, advertising
- Financial investments, employee training, product innovation, market expansion
What impact can CSR programs have on a company's profitability?
What impact can CSR programs have on a company's profitability?
- No impact
- Decreased profitability
- Increased profitability (correct)
- Temporary profitability
Which stakeholders can be positively influenced by a company's CSR initiatives?
Which stakeholders can be positively influenced by a company's CSR initiatives?
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