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Summary Business Ethics and Corporate Social Responsibility
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Available practice questions
Business Ethics and Corporate Social Responsibility - all important keywords and concepts
Flashcards
182 Flashcards
$3.31
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Flashcards
182 Flashcards
$3.31
9 sales
Some examples from this set of practice questions
1.
Why did corporate social responsibility (CSR) emerge?
Answer: increased pressure on companies for greater responsibility for correcting harmful impact of operations
2.
CSR is a method of ...
Answer: self-regulation for companies
3.
definition of CSR according to Howard Bowen
Answer: an obligation that arises from the impact of corporate decisions on the lives of people
4.
general definition of CSR
Answer: the accomodation of corporate behaviour to society's values and expectations
5.
a characteristic of corporate behaviour
Answer: it extends beyond economic motives and legal requirements
6.
Which levels are reflected in Carroll's Pyramid of CSR
Answer: economic, legal, ethical and philantropic responsibilities
7.
a big issue concerning Carroll's pyramid of CSR
Answer: responsibilities shouldn't be mutually exclusive
8.
arguments for and against CSR
Answer: profit maximization (social involvement is costly), resource fit (business has valuable resources to tackle social problems), lack of accountability (mainly accountable to stakeholders), the "iron law" of responsibility (use of power to satisfy society)
9.
What is social responsiveness about?
Answer: doing something rather than discussing what should be done
10.
How does social responsiveness complement CSR?
Answer: It addds an action dimensions.
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