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Corporate Social Responsibility – Knowledge Check Questions & Answers

Corporate Social Responsibility – Knowledge Check Questions & Answers *Market* An actual or nominal place where forces of demand and supply operate, and where buyers and sellers interact. *Sustainable Value Creation* The overlap of economic value (profit/share price) and social value (philanthropy/recycling). *Profit Maximization* A largely unhelpful idea as it is impossible to prove, distorts decision making and emphasizes short-term...
Categories Corporate Social Responsibility

Corporate Social Responsibility – Knowledge Check Questions & Answers

Corporate Social Responsibility – Knowledge Check Questions & Answers All those who in some way are related to a firm’s activities are known as: Public Shareholders Stakeholders Clients Answer: A) Stakeholders Which of the following is NOT part of Archie Carroll’s pyramid of corporate social responsibility? Legal responsibility Discretionary responsibility Ethical responsibility Answer: A) Stakeholder responsibility An application of Milton...
Categories Corporate Social Responsibility
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