Unit 5 Questions - Multiple Choice & Fill-in-the-Blank

**Multiple Choice (MC) Questions** 1. **Which of the following is NOT one of the four levels of Corporate Social Responsibility (CSR)?** - A\) Economic responsibility - B\) Legal responsibility - C\) Financial responsibility - D\) Ethical responsibility\ **C...

**Multiple Choice (MC) Questions** 1. **Which of the following is NOT one of the four levels of Corporate Social Responsibility (CSR)?** - A\) Economic responsibility - B\) Legal responsibility - C\) Financial responsibility - D\) Ethical responsibility\ **Correct Answer**: C) Financial responsibility 2. **What is the primary reason companies adopt sustainable practices beyond legal obligations?** - A\) Reducing costs - B\) Social pressure and reputation management - C\) Increasing profit margins - D\) Avoiding competition\ **Correct Answer**: B) Social pressure and reputation management 3. **Which of the following is an example of a company responding to resource scarcity?** - A\) Amazon optimizing its supply chain - B\) BMW refurbishing batteries - C\) Patagonia sourcing organic cotton - D\) Tesla entering the electric vehicle market\ **Correct Answer**: B) BMW refurbishing batteries 4. **What does the term \"greenwashing\" refer to?** - A\) A company cleaning up its environmental practices - B\) A company falsely claiming to be environmentally friendly - C\) The process of sustainable product certification - D\) A type of governmental sustainability initiative\ **Correct Answer**: B) A company falsely claiming to be environmentally friendly 5. **Which external factor is often a major driver of change in companies\' legal responsibilities?** - A\) Economic trends - B\) New market entrants - C\) Government regulations - D\) Consumer preferences\ **Correct Answer**: C) Government regulations **Fill in the Blank Questions** 1. **One of the driving forces of sustainability in markets is the scarcity of \_\_\_\_\_\_\_.**\ **Correct Answer**: resources 2. **Companies that adopt \_\_\_\_\_\_\_ practices often avoid reputational damage associated with unethical behavior.**\ **Correct Answer**: ethical 3. **The term used when companies falsely portray themselves as environmentally friendly is called \_\_\_\_\_\_\_.**\ **Correct Answer**: greenwashing 4. **The ban on fossil fuel cars in certain countries is an example of \_\_\_\_\_\_\_ pressure driving sustainability.**\ **Correct Answer**: government 5. **Patagonia is known for its commitment to \_\_\_\_\_\_\_ sourcing and fair labor practices.**\ **Correct Answer**: ethical