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CORPORATE SOCIAL RESPONSIBILITY – OVERVIEW OF ALL WEEKS PAPERS COMBINED (LATEST 2025) || 100% GUARANTEED PASS <RECENT VERSION>

CSR Test Corporate Social Responsibility Study Guide

CORPORATE SOCIAL RESPONSIBILITY LATEST UPDATED REAL 2025 FINAL EXAM WITH COMPLETE DETAILED QUESTIONS AND CORRECT VERIFIED ANSWERS ALREADY A+ GRADED

What is CSR? -ANSWER Obligation of organisational management to make decisions and take actions that will enhance the welfare and interests of society as well as the organisation. I.e. responsibility is no longer limited to economic and legal domains Describe Carroll's CSR pyramid -ANSWER Discretionary responsibility - contribute to the community and quality of life Ethical responsibility - be ethical do what is right, avoid harm Legal responsibility - obey the law and maximise profits wi...

Corporate social responsibility (CSR) -ANSWER the social responsibility of business to encompass the economic, legal, ethical, and philanthropic expectations that society has of organizations at a given point in time. Corporate social responsibility (CSR) -ANSWER requires the individual to consider his acts in terms of a whole social system, and holds him responsible for the effects of his acts anywhere in that system Creating Shared Value (CSV) -ANSWER companies generating economic value ...

Which of the following statements best describes corporate social responsibility? -ANSWER A corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions. Which of the following pairs would fit the principal/agent relationship? -ANSWER Shareholder/manager Which of the following arguments was NOT put forward by Friedman in his criticism of the idea of CSR? -ANSWER Corporations have re...