Corporate Social Responsibility

What is CSR?

100

Corporate Social Responsibility is defined as a company's ______, ________, and _______ performance and the impacts of the company on its internal and external stakeholders.

environmental, social, economic

200

What does Milton Friedman believe CSR is?

the primary role of a business is to generate profit

300

What are the 4 types of CSR?

Human Resourced Based CSR, Charity Based CSR, Environment Focused CSR, and Community Based CSR

400

What is the most common type of CSR?

Charity Based CSR

500

What was developed to champion policies to help achieve sustainable employment and economic growth and also an elevation in the living standards of its member nations as well as maintaining financial stability at the same time?

Organization for Economic Co-Operation and Development 

Stakeholders

100

Name 3 key stakeholders

Consumer, Employees, Government, Communities, Activist Groups, Businesses, Shareholders

200

True or False: primary stakeholders have a direct interest or stake in the organization and secondary stakeholders do not have a direct stake in the organization

True

300

Who has the highest power over businesses?

Government and stakeholders

400

True or False: Communities and the society rate each of the attributes (power, legitimacy, and urgency) in the stakeholder model as relatively high

False

500

Environmental and social justice groups striving to align the interests of government, business with their own are ...

Activist Groups

Random

100

Which model addresses that the owners of an organization has a fiduciary duty to serve the interests of its primary stakeholders?

Mackey's

200

This organization is concerned with creating a more stable economy, stimulating world growth, and working on the worst impacts of poverty

International Union for Conservation of Nature (IUCN)

300

Who is Milton Friedman?

An American economist and statistician best known for his strong belief in free-market capitalism.

400

What was Joel Bakan's view on companies who employ CSR?

Pathological in nature

Nonsensical are pursuing self-interest first

500

True or False: The attraction and retention of customers and employees can both be a benefit and limitation for corporations 

True