Identify a true statement about social responsibility.

Identify a true statement about social responsibility.

It refers to the steps taken by an organization to avoid internal malpractices or misconduct.

It refers to the responsibility that society has to ensure a business's success.

It refers to the responsibility of an organization to fulfill the terms of contract with its employees and lenders.

It refers to what a business should or ought to do for the sake of the society, even if it comes with an economic cost.

Question at position $74$

$74$

$1$ point

Question at position $74$

According to the economic model of corporate social responsibility $($CSR$),$ the sole social responsibility of a business is to:

$*$Hint: Professor Robin was singing about this in class.

According to the economic model of corporate social responsibility $($CSR$),$ the sole social responsibility of a business is to:

$*$Hint: Professor Robin was singing about this in class.

analyze the defects in society and design products to overcome these defects.

think beyond economic ends that have to be met to help society.

fulfill the economic functions that it was designed to serve and make money.

go beyond legal responsibilities to cater to the needs of the society.

Question at position $75$

$75$

$1$ point

Question at position $75$

A feature of the economic model of corporate social responsibility $($CSR$)$ is that it:

A feature of the economic model of corporate social responsibility $($CSR$)$ is that it:

holds pursuit of profit as the sole duty of business.

expects business to have a strict obligation to contribute to social causes.

prevents shareholders from being at the center of a corporation.

states that profit is independent of optimal allocation of resources.

Question at position $76$

$76$

$1$ point

Question at position $76$

The $\_\_\_\_\_$ of corporate social responsibility $($CSR$)$ holds that just as individuals have no ethical obligation to contribute to charity or to do volunteer work in their community, business has no strict ethical responsibility to serve wider social goods.

The $\_\_\_\_\_$ of corporate social responsibility $($CSR$)$ holds that just as individuals have no ethical obligation to contribute to charity or to do volunteer work in their community, business has no strict ethical responsibility to serve wider social goods.

integrative model

legal model

philanthropic model

ethical model

Question at position $77$

$77$

$1$ point

Question at position $77$

Which of the following models of corporate social responsibility $($CSR$)$ considers business as a citizen of the society that it operates in$?$

Which of the following models of corporate social responsibility $($CSR$)$ considers business as a citizen of the society that it operates in$?$

Economic model

Philanthropic model

Stakeholder model

Altruistic model

Question at position $78$

$78$

$1$ point

Question at position $78$

Identify a true statement about the integrative model of corporate social responsibility $($CSR$).$ Hint: Chapter $5$

Identify a true statement about the integrative model of corporate social responsibility $($CSR$).$ Hint: Chapter $5$

It recognizes that some stakeholders have different power and impact on decisions than others.

It recognizes that every business decision imposes costs on someone and mandates that those costs be acknowledged.

It suggests that firms should fully combine economic and social goals by bringing social responsibilities into the core of their business model.

It argues that every business should adopt the principles of benefit corporations and devote all their activities to service of social goals.

Question at position $79$

$79$

$1$ point

Question at position $79$

Which of the following versions of corporate social responsibility $($CSR$)$ suggests that the long$-$term financial well$-$being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment?

Which of the following versions of corporate social responsibility $($CSR$)$ suggests that the long$-$term financial well$-$being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment?

Stakeholder

Social entrepreneurship

Philanthropic

Sustainability

Question at position $80$

$80$

$1$ point

Question at position $80$

The practice of attending to the "image" of a firm is sometimes referred to as:

The practice of attending to the "image" of a firm is sometimes referred to as:

branding

crisis management

gentrification

reputation management