Question

In: Economics

1. Corporate social responsibility can be defined as a company's obligation to ________.


1. Corporate social responsibility can be defined as a company's obligation to ________.

A. blend its activities into the social fabric of whatever country it conducts business in

B. include social networking and society events that bring in prominent members of the community

C. conduct its activities with the aim of achieving social, environmental, and economic development

D. behave in whatever manner is necessary to earn the highest profit for owners

E. be flexible with its ethics in the workplace in order to maintain profitability

2. Corporate social responsibility is mainly concerned with how a company affects the ________.

A. Family B.investor C.community D. vendors E.stockholders

3. Which of the following is NOT an environmentally based corporate social responsible issue?

A.allowing chemical contaminants to enter the local groundwater system

B. trucking toxic substances to Mexico to regions where it is legal to recycle them

C. exposing employees to potentially hazardous materials

D. allowing a negative corporate culture to adversely affect employees

E. moving a "dirty industry" overseas where environmental regulation is lacking

Solutions

Expert Solution

Q1.) c.) Conduct it's activities with the aim of achieving social, environmental and economic development.

Q2.) c.) Community

Q3.) b.) Trucking toxic substances to Maxico to regions where it is legal to recycle them .


Related Solutions

corporate social responsibility
corporate social responsibility
How does a company's code of ethics reinforce its Corporate Social Responsibility?
How does a company's code of ethics reinforce its Corporate Social Responsibility?
Question: What is corporate social responsibility? What are some arguments in favor of corporate social responsibility?...
Question: What is corporate social responsibility? What are some arguments in favor of corporate social responsibility? What are some arguments against corporate social responsibility? How has the COVID-19 pandemic affected the debate surrounding corporate social responsibility? What are some things companies can do to be socially responsible in the wake of the COVID-19 pandemic? Your answers will be short essays and should be three full paragraphs or longer.
Business Ethics, Corporate Social Responsibility and Sustainability Business ethics, corporate social responsibility and sustainability are hot...
Business Ethics, Corporate Social Responsibility and Sustainability Business ethics, corporate social responsibility and sustainability are hot topics in engineering management. Having a grasp of these issues is vital for future leaders of engineering industries in the 21st Century. After conducting a comprehensive review of literature in the context of an engineering sector of your choice, find out what ethics, corporate social responsibility and sustainability (or a subset of these topics) means and what approaches is currently use to lead the...
What is the difference between Corporate Social Responsibility and social entrepreneurship?
What is the difference between Corporate Social Responsibility and social entrepreneurship?
Explain corporate social responsibility and why some CEOs of large corporations are engaging in social responsibility...
Explain corporate social responsibility and why some CEOs of large corporations are engaging in social responsibility regardless of the ethical outcomes?
Why do some corporations and their management oppose corporate social responsibility? Social responsibility is interpreted in...
Why do some corporations and their management oppose corporate social responsibility? Social responsibility is interpreted in many ways. State your understanding of corporate social responsibility.
1 social and community responsibility is one of the responsibilities of a corporate organisation. justify this...
1 social and community responsibility is one of the responsibilities of a corporate organisation. justify this statement 2 there are stakeholders to any coperate business. identify 7 such stakeholders and high light their effects on a named company in your country 3 advance appropriate reasons for the formation of cooperative business enterprise
Describe corporate social responsibility (CSR). How does crafting CSR impact a company's bottom line? Assuming the...
Describe corporate social responsibility (CSR). How does crafting CSR impact a company's bottom line? Assuming the following from company XYZ's financial statement, calculate the gross profit margins for each year (show your work). What do the gross profit margins tell you about company XYZ? 2015: Sales revenues —- $128,000. cost of goods sold = $82,000. 2014: Sales revenues —— $130,000. Cost of goods sold = $99,000.
What is corporate citizenship, and how does it relate to corporate social responsibility?
QUESTION 1: What is corporate citizenship, and how does it relate to corporate social responsibility? QUESTION 2: What does it mean for a corporation to be “socially responsible”? - DO NOT BE BRIEF QUESTION 3: How can companies be profitable and pursue CSR at the same time?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT