1. What does CSR stand for?
a) Corporate Strategic Reporting
b) Corporate Social Responsibility
c) Corporate Stakeholder Relations
d) Corporate Sustainability Report
Answer: b) Corporate Social Responsibility
2. Which of the following best defines CSR?
a) Maximizing shareholder profits
b) A business approach that contributes to sustainable development by
delivering economic, social, and environmental benefits
c) Developing financial plans for businesses
d) Reducing taxes for corporations
Answer: b) A business approach that contributes to sustainable
development by delivering economic, social, and environmental benefits
3. What are the three pillars of CSR?
a) People, Planet, Profit
b) Politics, Policies, Profits
c) Environment, Ethics, Economics
d) Production, Productivity, Publicity
Answer: a) People, Planet, Profit
4. Which of the following is NOT an example of CSR activity?
a) Reducing carbon emissions
b) Engaging in child labor practices
c) Supporting community development projects
d) Ensuring ethical supply chain practices
Answer: b) Engaging in child labor practices
5. Why is CSR important for businesses?
a) To improve profitability in the short term
b) To enhance brand reputation and foster customer loyalty
c) To avoid tax regulations
d) To replace government policies
Answer: b) To enhance brand reputation and foster customer loyalty
6. Which of the following companies is known for its CSR initiatives?
a) Unilever
b) ExxonMobil
c) Enron
d) Lehman Brothers
Answer: a) Unilever
7. What is a key component of CSR in employee welfare?
a) Offering minimal wages
b) Providing safe and inclusive workplaces
c) Increasing work hours
d) Reducing employee benefits
Answer: b) Providing safe and inclusive workplaces
8. CSR focuses on the triple bottom line. What does this mean?
a) Financial profit, corporate image, and global expansion
b) Environmental, social, and economic sustainability
c) Marketing strategies, advertising, and public relations
d) Employee productivity, community involvement, and leadership
development
Answer: b) Environmental, social, and economic sustainability
9. What is the role of CSR in environmental sustainability?
a) Ignoring environmental regulations
b) Reducing the company’s ecological footprint
c) Enhancing fossil fuel consumption
d) Focusing solely on financial gains
Answer: b) Reducing the company’s ecological footprint
10. Which international guideline supports CSR practices?
a) OECD Guidelines for Multinational Enterprises
b) Basel III Regulations
c) Kyoto Protocol
d) Sarbanes-Oxley Act
Answer: a) OECD Guidelines for Multinational Enterprises
11. What is the primary aim of CSR in a global context?
a) Reducing global trade
b) Addressing global challenges like poverty, inequality, and climate
change
c) Increasing business complexity
d) Avoiding international collaborations
Answer: b) Addressing global challenges like poverty, inequality, and
climate change
12. Which CSR initiative focuses on supporting education?
a) Reducing carbon emissions
b) Providing scholarships and funding schools
c) Increasing employee work hours
d) Promoting product sales
Answer: b) Providing scholarships and funding schools
13. What is the role of CSR in supply chain management?
a) Minimizing ethical concerns
b) Promoting transparency and sustainable practices
c) Increasing production costs
d) Reducing supplier accountability
Answer: b) Promoting transparency and sustainable practices
14. How does CSR benefit employees?
a) Increases stress and workload
b) Encourages diversity, equity, and inclusion in the workplace
c) Limits professional development opportunities
d) Reduces workplace safety
Answer: b) Encourages diversity, equity, and inclusion in the workplace
15. Which of the following is a social benefit of CSR?
a) Improved stock market performance
b) Strengthened community relationships
c) Reduced operational efficiency
d) Higher resource consumption
Answer: b) Strengthened community relationships
16. What is the primary focus of CSR in customer relations?
a) Providing low-quality products
b) Ensuring product safety, quality, and ethical practices
c) Ignoring customer feedback
d) Increasing product prices
Answer: b) Ensuring product safety, quality, and ethical practices
17. Which international framework aligns CSR with human rights?
a) UN Guiding Principles on Business and Human Rights
b) Kyoto Protocol
c) Paris Agreement
d) Basel III Regulations
Answer: a) UN Guiding Principles on Business and Human Rights
18. Which of the following is a CSR initiative for climate action?
a) Increasing greenhouse gas emissions
b) Adopting renewable energy sources
c) Promoting deforestation
d) Reducing recycling efforts
Answer: b) Adopting renewable energy sources
19. How does CSR impact investors?
a) Discourages investment due to higher costs
b) Attracts responsible investors who value sustainability
c) Limits opportunities for financial growth
d) Reduces the need for financial transparency
Answer: b) Attracts responsible investors who value sustainability
20. What is the significance of CSR reporting?
a) Avoiding regulatory scrutiny
b) Demonstrating accountability and transparency in sustainability
efforts
c) Increasing operational secrecy
d) Reducing public engagement
Answer: b) Demonstrating accountability and transparency in
sustainability efforts
21. Which CSR activity helps reduce waste?
a) Single-use plastics production
b) Recycling and promoting a circular economy
c) Using non-recyclable materials
d) Ignoring waste management
Answer: b) Recycling and promoting a circular economy
22. What is one challenge companies face in implementing CSR?
a) Lack of interest in sustainability
b) Balancing profitability with social and environmental goals
c) Limited stakeholder engagement
d) Over-regulation of ethical practices
Answer: b) Balancing profitability with social and environmental goals
23. Which region has the most mandatory CSR laws?
a) Europe
b) North America
c) Asia
d) Africa
Answer: a) Europe
24. What is a philanthropic activity under CSR?
a) Launching a new product line
b) Donating funds to disaster relief programs
c) Increasing operational costs
d) Expanding business overseas
Answer: b) Donating funds to disaster relief programs
25. What is the role of CSR in promoting diversity?
a) Ignoring workplace inclusion
b) Ensuring equal opportunities for all employees
c) Reducing employee benefits
d) Focusing only on financial metrics
Answer: b) Ensuring equal opportunities for all employees