Top 150+ Solved Managing for Sustainability MCQ Questions Answer
Q. CSR stands for
a. Corporate Search and Rescue
b. Corporate Social Responsibility
c. Corporate Sensitive Reliability
d. Corporate Social Reality
Q. All those who are affected by or can affect the ~perations of the organisation are known as:
a. Owners
b. interested parties
c. stakeholders
d. stockholders
Q. The stakeholder view of social responsibility states that organisations must respond to the needs of
a. employees and customers
b. shareholders and owners
c. all interested parties
d. all those who might sue the organisation
Q. A firm is said to have good corporate social performance when:
a. stockholders invest in socially responsible causes
b. charitable deductions are automatically deducted from pay without the consent of employees
c. the company has not been convicted of ethical violations for five consecutive years
d. stakeholders are satisfied with its level of social responsibility
Q. A socially responsible mutual fund will only purchase stocks in companies that
a. have a no-smoking policy in place
b. have a culturally diverse management team
c. hire some job candidates who are HIV positive
d. have good social performance.
Q. A whistle blower is an employee who
a. exposes organisational wrongdoing
b. complains a lot to company management
c. engages in un-ethical behavior
d. referees disputes with other employees
Q. Which one of the follciwing approaches to creating an ethical and socially responsible workplace is likely to be the most powerful?
a. Passing out buttons with the statement "Just Say No to Bad Ethics"
b. Placing posters about ethics throughout the organisation
c. Top management acting as models of the right behavior
d. Including a statement about ethics and social responsibility in the employee handbook
Q. A recommended way of minimising unethical behaviour is for employees to
a. write anonymous notes to ethical violators
b. immediately report all suspicious behaviour to top management
c. spend part of their vacation preparing a personal philosophy of ethics
d. confront fellow employees about ethical deviations
Q. Corporate Social Responsibility (CSR) consists of which four kinds of responsibilities
a. Economic, ethical, societal, and altruistic
b. Economic, legal, ethical, and altruistic
c. Fiscal, legal, societal, and philanthropic
d. Economic, legal, ethical, and philanthropic
Q. Which of the items listed is NOT a product of a "favourable corporate reputation"?
a. Charge more for its products and services
b. Attract, hire and keep higher quality applicants/employees
c. Enhance their access to better capital markets
d. Ignore the Foreign Corrupt Practices Act
Q. Typical Codes of Conduct cover conduct described below. In the aftermath of Bhopal, the chemical industry wishing to demonstrate responsible corporate citizenship has added which additional behaviours set out below
a. Legal compliance
b. Continuous improvement, communication with external stakeholders and training of suppliers on the standards
c. Pollution prevention
d. Safe handling of chemicals from manufacture through disposal
Q. Why, according to stakeholder theory, is it in companies' best interests to pay attention to their stakeholders?
a. If firms only act in their own self-interest employees may feel exploited
b. If firms only act in their own self-interest government might put more regulation on them
c. If firms only act in their own self-interest customers might not like the image that the company portray
d. If firms only act in their own self-interest and inflict harm on stakeholders then society might withdraw its support
Q. What is triple bottom line?
a. An accounting tool that looks at the impact on people, planet and profits
b. A management strategy which states all the attention should be on profits
c. An accounting tool that looks at cost, profit and loss
d. A management strategy which focuses on corporate social responsibility
Q. Why do alternative organisations run differently from conventional shareholder led approach?
a. They do not have shareholders
b. They are run in non-hierarchical ways which aim to provide a positive impact on society rather than to make profit
c. They prioritise corporate social responsibility.
d. They aim to give money to charities and good causes
Q. Which of the following would most effectively act as the primary objective of a business organisation?
a. To procure resources
b. To make a profit
c. To communicate with shareholders
d. To mediate between the organisation and the environment