MCQ type Exam Semester II- Corporate Social Responsibility
Question 1: What does CSR stand for?
A) Corporate Sustainability Responsibility
B) Corporate Social Responsibility
C) Customer Satisfaction Responsibility
D) Corporate Sales Revenue
Answer: B) Corporate Social Responsibility
Question 2: Which of the following is NOT a common area of focus for CSR initiatives?
A) Environmental sustainability
B) Employee satisfaction
C) Profit maximization
D) Community development
Answer: C) Profit maximization
Question 3: CSR aims to strike a balance between which two important aspects?
A) Economic growth and environmental conservation
B) Employee welfare and customer satisfaction
C) Profitability and market share
D) Regulatory compliance and shareholder dividends
Answer: A) Economic growth and environmental conservation
Question 4: Which stakeholder group is typically the primary focus of CSR initiatives?
A) Shareholders
B) Employees
C) Customers
D) Government
Answer: C) Customers
Question 5: Which of the following is an example of an environmental CSR initiative?
A) Launching a new advertising campaign
B) Donating to a local charity
C) Reducing carbon emissions
D) Increasing executive salaries
Answer: C) Reducing carbon emissions
Question 6: What is the triple bottom line concept in CSR?
A) Three primary CSR areas
B) Three layers of CSR reporting
C) Three-fold increase in profits
D) Three dimensions of performance: People, Planet, and Profit
Answer: D) Three dimensions of performance: People, Planet, and Profit
Question 7: Which CSR approach focuses on integrating social and environmental concerns into core business operations?
A) Philanthropic CSR
B) Strategic CSR
C) Ethical CSR
D) Regulatory CSR
Answer: B) Strategic CSR
Question 8: Which global initiative encourages businesses to adopt sustainable and socially responsible policies?
A) Corporate Green Guidelines
B) United Nations Global Compact
C) Sustainable Business Pledge
D) Green Business Initiative
Answer: B) United Nations Global Compact
Question 9: What is the main criticism often directed at CSR?
A) Lack of government support
B) Insufficient focus on profits
C) Greenwashing
D) Overemphasis on shareholder interests
Answer: C) Greenwashing
Question 10: Which country is known for its legal requirement that companies report on their CSR activities?
A) United States
B) China
C) Sweden
D) India
Answer: D) India
Question 11: Which of the following is a primary motivation for companies to engage in CSR activities?
A) Avoiding taxes B) Enhancing brand reputation C) Reducing employee salaries D) Maximizing shareholder wealth
Answer: B) Enhancing brand reputation
Question 12: Which famous business leader is often associated with the concept of “shared value” in CSR?
A) Warren Buffett B) Bill Gates C) Richard Branson D) Mark Zuckerberg
Answer: B) Bill Gates
Question 13: What is the term for the practice of making a company’s CSR initiatives appear more environmentally friendly and socially responsible than they actually are?
A) Greenwashing B) Whitewashing C) Brandwashing D) Transparency
Answer: A) Greenwashing
Question 14: Which international standard provides guidelines for CSR reporting?
A) ISO 9001 B) ISO 14001 C) ISO 26000 D) ISO 50001
Answer: C) ISO 26000
Question 15: What is the term for a company’s obligation to be accountable for its impact on society and the environment?
A) Social duty B) Environmental responsibility C) Corporate accountability D) Ethical compliance
Answer: C) Corporate accountability
Question 16: Which of the following is NOT a common category of CSR stakeholders?
A) Customers B) Suppliers C) Competitors D) Employees
Answer: C) Competitors
Question 17: Which of these is an example of a social-focused CSR initiative?
A) Implementing energy-efficient manufacturing processes B) Donating funds to disaster relief organizations C) Reducing water usage in production D) Increasing shareholder dividends
Answer: B) Donating funds to disaster relief organizations
Question 18: Which global organization promotes responsible business conduct and CSR through its guidelines for multinational enterprises?
A) World Trade Organization (WTO) B) International Monetary Fund (IMF) C) Organization for Economic Co-operation and Development (OECD) D) United Nations (UN)
Answer: C) Organization for Economic Co-operation and Development (OECD)
Question 19: What is the term for the practice of investing in socially responsible businesses or projects with the expectation of financial returns?
A) Social philanthropy B) Impact investing C) Corporate charity D) Sustainable trading
Answer: B) Impact investing
Question 20: Which of the following is a benefit often associated with CSR for businesses?
A) Increased short-term profits B) Decreased employee morale C) Legal liabilities D) Enhanced employee loyalty and productivity
Answer: D) Enhanced employee loyalty and productivity
Question 21: In the context of CSR, what does the acronym “ESG” stand for?
A) Environmental, Social, and Governance B) Economical, Societal, and Global C) Ethical, Sustainable, and Green D) Employee, Supplier, and Government
Answer: A) Environmental, Social, and Governance
Question 22: Which of the following is NOT a common environmental CSR initiative?
A) Implementing a recycling program B) Reducing water and energy consumption C) Supporting local schools D) Adopting renewable energy sources
Answer: C) Supporting local schools
Question 23: What is the term for a company’s commitment to operating ethically and transparently while considering the interests of all stakeholders?
A) Corporate citizenship B) Corporate governance C) Business ethics D) CSR compliance
Answer: A) Corporate citizenship
Question 24: Which of these is an example of a community-focused CSR initiative?
A) Launching a new product B) Reducing waste in manufacturing C) Building a community center D) Conducting employee training programs
Answer: C) Building a community center
Question 25: Which of the following is an example of a stakeholder engagement activity related to CSR?
A) Expanding executive bonuses B) Conducting an annual audit C) Hosting a town hall meeting with community members D) Reducing product prices
Answer: C) Hosting a town hall meeting with community members
Question 26: What is the primary goal of a CSR audit?
A) Maximize shareholder profits B) Assess the financial performance of a company C) Evaluate the effectiveness of CSR initiatives D) Increase advertising budgets
Answer: C) Evaluate the effectiveness of CSR initiatives
Question 27: Which of the following is NOT a typical reporting framework used for CSR reporting?
A) GRI (Global Reporting Initiative) B) SASB (Sustainability Accounting Standards Board) C) EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) D) CDP (Carbon Disclosure Project)
Answer: C) EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
Question 28: Which of the following is NOT a potential benefit of CSR for society?
A) Improved environmental sustainability B) Enhanced social equity C) Increased income inequality D) Strengthened community development
Answer: C) Increased income inequality
Question 29: What is the term for a company’s responsibility to operate in a manner that minimizes harm to the environment?
A) Social responsibility B) Green responsibility C) Environmental responsibility D) Ethical responsibility
Answer: C) Environmental responsibility
Question 30: Which term refers to a company’s commitment to ethical conduct in all of its business activities?
A) Corporate philanthropy B) Corporate citizenship C) Corporate integrity D) Corporate lobbying
Answer: C) Corporate integrity
Question 31: Which international organization established the Sustainable Development Goals (SDGs), which many companies use as a framework for their CSR initiatives?
A) United Nations (UN) B) World Trade Organization (WTO) C) International Monetary Fund (IMF) D) World Health Organization (WHO)
Answer: A) United Nations (UN)
Question 32: What is the term for a company’s voluntary efforts to reduce its carbon footprint and environmental impact?
A) Greenwashing B) Carbon offsetting C) Ecological branding D) Environmental marketing
Answer: B) Carbon offsetting
Question 33: Which of the following is an example of a human rights-focused CSR initiative?
A) Launching a new advertising campaign B) Establishing fair labor practices in the supply chain C) Donating to a local charity D) Increasing executive salaries
Answer: B) Establishing fair labor practices in the supply chain
Question 34: In CSR reporting, what does the acronym “GRI” stand for?
A) Global Reporting Indicator B) Greenhouse Gas Reduction Initiative C) General Reporting Index D) Global Reporting Initiative
Answer: D) Global Reporting Initiative
Question 35: What is the term for a company’s commitment to acting ethically and honestly, even when there are no legal requirements to do so?
A) Corporate citizenship B) Corporate governance C) Business ethics D) Regulatory compliance
Answer: C) Business ethics
Question 36: Which of the following is NOT a typical category of ESG (Environmental, Social, and Governance) criteria?
A) Labor practices and human rights B) Financial performance C) Environmental impact D) Ethical conduct
Answer: B) Financial performance
Question 37: What is the primary objective of a CSR communication strategy?
A) Maximize profits B) Build trust and transparency with stakeholders C) Minimize employee turnover D) Avoid government regulation
Answer: B) Build trust and transparency with stakeholders
Question 38: Which of the following is a common challenge faced by companies when implementing CSR initiatives?
A) Decreased customer loyalty B) Increased employee satisfaction C) Legal compliance issues D) Reduced brand reputation
Answer: C) Legal compliance issues
Question 39: What is the term for a company’s commitment to conduct its operations in a manner that respects and supports human rights?
A) Humanitarian responsibility B) Ethical compliance C) Human rights due diligence D) Philanthropic engagement
Answer: C) Human rights due diligence
Question 40: Which CSR concept refers to a company’s commitment to being open and honest about its operations and decision-making processes?
A) Transparency B) Sustainability C) Accountability D) Philanthropy
Answer: A) Transparency