which of the following is an argument in favor of corporate social responsibility

discourages government regulation More test answers on https://studyhippo.com/mngt-482-exam/

Proponents of corporate social responsibility strongly believe in benevolent however they still want their businesses to be profitable in the long run they believe

CSR can lead to even more profits More test answers on https://studyhippo.com/intro-to-business-1/

Which of the following is a key aspect of corporate social responsibility?

It focuses on the triple bottom line More test answers on https://studyhippo.com/exam-1-chap-1-6/

which of the following is an argument against corporate social responsibility

requires skills businesses may lack. More test answers on https://studyhippo.com/mngt-482-exam/

Which of the following is NOT an argument in favor of corporate social responsibility (CSR)?

Business provides sufficient social value by creating jobs. More test answers on https://studyhippo.com/f-o-b-unf-2016/

Which factor in an organization’s external environment is most likely to impact HRM functions as they relate to corporate social responsibility and ethics?

competition B. political parties C. customers D. unions E. society + More test answers on https://studyhippo.com/hr-quiz1/

Which of the following is an accurate statement about corporate social responsibility?

A firm’s employees must engage in ethical practices in order to be socially responsible. More test answers on https://studyhippo.com/marketing-ch-4-quiz/

In the context of corporate social responsibility (CSR), which of the following statements is true of the VRIO (Value, Rarity, Imitability, and Organization) framework?

b. Corporate social responsibility (CSR)-related resources are always rare. THIS IS WRONG ANSWER More test answers on https://studyhippo.com/exam-2-practice/

Corporate social responsibility is most-closely related to which organizational behavior trends?

Workplace values and ethics. More test answers on https://studyhippo.com/org-behavior-test-1/

To exercise corporate social responsibility, a business has to pursue profits, obey the law, do what is right, and:

be a good corporate citizen More test answers on https://studyhippo.com/mktg-3/

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Corporate Social Responsibility Flashcards, test questions and answers

Discover flashcards, test exam answers, and assignments to help you learn more about Corporate Social Responsibility and other subjects. Don’t miss the chance to use them for more effective college education. Use our database of questions and answers on Corporate Social Responsibility and get quick solutions for your test.

What is Corporate Social Responsibility?

Corporate Social Responsibility (CSR) is a concept that has become increasingly popular in recent years, as companies have realized the importance of being socially responsible and accountable to their stakeholders. CSR is defined as the concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on consumers, employees, communities, and the environment in all aspects of their operations. The primary goal of corporate social responsibility is to create economic value while also contributing positively to society and improving its quality of life. Companies may seek to do this by engaging in various forms of philanthropy or donating money towards charity initiatives; however, there are many other ways businesses can practice CSR such as: investing in local economies through job creation or providing educational opportunities; reducing environmental impacts by implementing green practices such as energy efficiency or recycling; promoting diversity within its workforce and leadership teams; offering flexible work arrangements for employees; or engaging with stakeholders through open dialogue about issues impacting them. The possibilities are endless.By practicing Corporate Social Responsibility, companies gain positive public perception which can lead to improved customer loyalty, increased employee engagement and higher profits. Additionally, it allows organizations an opportunity to be more transparent with regards to its operations which helps build trust among key stakeholders. In some cases it can even result in government tax benefits due to increased investment made into social causes deemed beneficial by authorities. Ultimately, Corporate Social Responsibility should not be seen as just another expenditure for businesses but rather a way for them to truly make a difference in society whilst creating long-term value for themselves at the same time.