Principles Of Economics And Management (3140709) MCQs

MCQs of Corporate Social Responsibility

Showing 1 to 10 out of 15 Questions
1.
CSR stands for :
(a) Corporation Social Responsibility
(b) Corporate Social Responsibility
(c) Corporate Social Resonance
(d) Cooperation Social Responsibility
Answer:

Option (b)

2.
Which is not a characteristic of corporate social responsibility?
(a) Product safety
(b) Consumer rights
(c) Environmental policies
(d) Price-fixing
Answer:

Option (d)

3.
What is not a characteristic of a corporate social responsibility framework?
(a) Retaining the status quo
(b) Understanding society
(c) Harnessing diversity
(d) Building capacity
Answer:

Option (a)

4.
___________, the greater will be its social prestige.
(a) The more advertisement business unit will do
(b) The more luxury items a business unit will produce
(c) The more effectively a business unit caters to the needs of society
(d) The more profit a business unit will earn
Answer:

Option (c)

5.
CSR is applicable to :
(a) Private sector
(b) Public sector
(c) NGO
(d) Private and public sector both
Answer:

Option (d)

6.
Choose the below statement is true or false:
1. A business house that concentrates only on personal gains at the cost of social interests cannot survive for long.
2. A firm that gives too much importance to social interests at the cost of personal gains can’t flourish and must close down sooner or later.
(a) 1. True, 2. True
(b) 1. True, 2. False
(c) 1. False, 2. True
(d) 1. False, 2. False
Answer:

Option (a)

7.
CSR is :
(a) One time process
(b) Yearly process
(c) Continuous process
(d) None of these
Answer:

Option (c)

8.
Choose the below statement is true or false:
1. It is not the responsibility of society to create and maintain an atmosphere that is conducive to the functioning and growth of the business.
2. It is the responsibility of the business unit to keep social interest in mind and act accordingly.
(a) 1. True, 2. True
(b) 1. True, 2. False
(c) 1. False, 2. True
(d) 1. False, 2. False
Answer:

Option (c)

9.
The idea of trusteeship was propounded by :
(a) Tolstoy
(b) Ruskin
(c) Mahatma Gandhi
(d) All of these
Answer:

Option (d)

10.
A business firm that neglects the expectations of society :
(a) Will earn more profit
(b) Cannot grow
(c) Will not affect business
(d) A and C both
Answer:

Option (b)

Showing 1 to 10 out of 15 Questions