1. The concept of CSR or corporate social responsibility is the belief that?/

A. profits cannot be maximized while still contributing to society and minimizing damage to the environment

B. goodwill is at the expense of profit

C. sustainable practices that benefit the community can actually add value to the bottom line

D. none of the above

2. The triple bottom line places and the planet on par with ......... in the mission of the organization

A. cost

B. revenue

c. profit

3. The concept of "limited liability" means?

A .shareholders are limited in their earnings

B. Shareholders losses cannot exceed the amount they paid for their shares of ownership

C. Shareholders have limited control over their shares of ownership

D. all of the above

4. Corporate law enables businesses to take advantage of a legal structure that separates liability from ownership and control.

A. True

B. False

5. A business organization has?

A. only a legal duty

B. only an ethical duty

C. both a legal and ethical duty

D. Neither

6. Which of the following is considered a primary internal stakeholder of a corporation?

A. governmental affairs office

B. the CEO

C. employees

D. the corporate team

7. Which of the following best describes the interplay of promises of businesses to stakeholders and vice versa?

A. promise of quality that is greater than advertised

B. only accepting cash and not credit

C. supporting offshore philanthropy

D. on-time delivery and responsiveness

8. Which of the following are stakeholders?

A. demands to patronize environmental interests

B. delivering high-quality products and services on time

C. entities and people invested and influential in the success of an organization

D. entities and people with one role at one time to care for a business

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