Attempt all the questions.

1. What does the acronym; ‘CSR’ stand for? a) Common Serial Receiver

b) Common Social Responsiveness

c) Corporate Social Responsibility

d) Community Social Responsiveness

2. Many organisations interprete what CSR means to them based on………….. a) The definition of CSR

b) The myths surrounding CSR

c) What they read in the textbooks

d) Their own business requirements and size of their business

3. CSR is applicable to the following: a) Large businesses

b) Small businesses

c) Medium and Micro businesses

d) All of the above

4. The continued commitment of business to behave ethically is : a) Workplace Ethics

b) Societal Investment

c) Corporate Responsibility

d) Continual Responsiveness

5. Which of the following statement is true? a) CSR is only about the profit margin

b) CSR is difficult to implement

c) Only big enterprises can benefit from CSR d) CSR is beneficial to all enterprises, irrespective of their sizes.

6. One of the factors which may threaten the sustainability of a business is: a) The Government

b) Advertisement

c) Competition

d) Filing of annual returns

7. CSR is one practical initiative which can grow your business both in the short and in the long run because:

a) CSR is not relevant at all

b) CSR is all about creating long lasting value

c) CSR is very technical

d) CSR solves all your financial crisis

8. CSR can be implemented as a ………………. a) Marketing gimmick

b) Reputational scheme

c) Corporate culture

d) Sales tactic

9. The following statement is true about CSR: a) CSR is only for large businesses

b) CSR is highly technical and expensive

c) CSR is difficult to understand

d) CSR does not have to be expensive for it to be effective.

10. One of the best approach to adopt in implementing CSR is: a) To read more about the concept

b) To know your competitor’s approach

c) To align your CSR initiative with your company’s business strategy

d) There is no best approach

11. The triple bottom line concept focuses on :

a) Society, machinery and capital

b) Society, machinery and plant

c) Social, environmental and economic concerns

d) The triple line

12. There are many advantages a business can derive from corporate social responsibility. These include:

a) Winning new businesses

b) Attracting potential employees

c) Good reputation

d) All of the above

13. The following is NOT an advantage of CSR: a) Low operating cost

b) High staff turnover

c) Media attention

d) Customer loyalty

14. Another definition given to CSR is: a) Racial discrimination

b) Giving back to the society

c) Focusing on the wellbeing of the workforce

d) b and c

15. A workforce oriented CSR has the potential to: a) Cause dissatisfaction amongst employees

b) Increase staff turnover

c) Cause absenteeism

d) Increase employees’ loyalty

16. As a business owner or manager, you need to do the following to ensure that your corporate initiative is operational:

a) Increase your sales

b) Communicate your corporate initiatives to all your stakeholders

c) Separate your corporate initiative from your business strategy.

d) Be more strict with your employees

17. As a corporate culture, corporate social responsibility is best viewed as: a) An individual project

b) The manager’s idea

c) The employees’ initiative

d) A group project

18. The stakeholders in your business will include the following: a) Your employees

b) Your product

c) a and d

d) Your suppliers

19. _________________has been described by process theorists as the essence of leadership:

a) Corporate social responsibility

b) Leading a change

c) Ethical principles

d) Discipline

20. To facilitate a CSR initiative which will be embraced by all stakeholders, it is important to: a) Advertise in the local newspaper

b) Bid for government tenders

c) Change the company’s product line

d) Appoint change agents