408 CSRS MCQ corporate social responsibility mcq pdf PDF

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MBA-II / SEM-IV/ 2019 PATTERN Subject: 408 – Corporate Social Responsibility & Sustainability MCQ / Question Bank UNIT – I Corporate Social Responsibility Sr. No.

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What is the enlightened self-interest model of CSR? A. It is in an organization's own best interest to put itself first rather than its ethics B. It is in an organization's best interest to consider what a shareholder would want C. It is in an organization's own best interest to act in an ethical way D. It is in an organization's own best interest to follow the legislation and abide by the law The four types of social responsibility include A. Legal, Philanthropic, Economic & Ethical B. Ethical, Moral, Social & Economic C. Philanthropic, Justice, Economic & Ethical D. Legal, Moral, Ethical, Economic The ___________ dimension of social responsibility refers to a business’s societal contribution of time, money & other resources A. Ethical B. Philanthropic C. Volunteerism D. Strategic A high commitment approach to environmental issues may include all of the following EXCEPT: A. Risk analysis B. Stakeholder analysis C. Green-washing D. Strategic sustainability Auditing The acronym CSR stands for A. Corporate Search and Rescue B. Corporate Social Responsibility C. Corporate Sensitive Reliability D. Corporate Social Reality Corporate Social Responsibility (CSR) consists of which four kinds of responsibilities A. Economic, ethical, societal, and altruistic B. Economic, legal, ethical, and altruistic

Prof. Sameer Patil

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C. Fiscal, legal, societal, and philanthropic D. Economic, legal, ethical, and philanthropic 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 The human activity, among the following, which causes maximum environmental pollution having regional and global impacts is A. Urbanization B. Industrialisation C. Agriculture D. Mining The Corporate Social Responsibility does relate most to the following EXCEPT: A. Ethical conduct B. Environmental practice C. Employee satisfaction D. Community investment Successful global initiatives addressing standards for business must begin and end with A. the role of corporate governance and shareholder power in corporate decision making B. social activism C. the implementation of standardized ethics programs

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D. the consolidation of economic and environmental efforts

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Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice? A. Openness B. Integrity C. Accountability D. Acceptability The OECD argues that corporate governance problems arise because A. Ownership and control is separated B. Managers always act in their own self interest C. Profit maximization is the main objective of organizations

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D. Stakeholders have differing levels of power Where an organization takes into account the effect its strategic decisions have on society, this is known as A. Corporate governance B. Business policy

Prof. Sameer Patil

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C. Business ethics D. Corporate social responsibility Corporate governance structure a) Varies a great deal across countries. b) Has become homogenized following the integration of capital markets.

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c) Has become homogenized due to cross-listing of shares of many public corporations. d) is almost similar in all countries Which of the following is associated with the classical view of social responsibility? 15

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A. B. C. D.

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economist Robert Reich concern for social welfare stockholder financial return voluntary activities

How many stages are there in the model of an organization social responsibility progression? A. 3 B. 4 C. 5 D. 6 CSR field is closely linked with that of A. Sustainable revolution B. Sustainable improvement C. Sustainable development D. Sustainable living CSR considers A. Impact of the company’s actions on society B. Impact of company’s success C. Impact of company’s failure D. Impact of company’s wind up. CSR includes all these EXCEPT A. Economic responsibilities B. Legal responsibilities C. Ethical responsibilities D. Personal responsibilities OECD stands for A. Organization for Ecological Commitment & Development B. Organization for Economic Co-operation & Development C. Organization for Environmental Commitment & Development D. Organization for Environmental Co-operation & Development

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The OECD guidelines were updated for the fifth time in year __________ A. 2000 B. 2010 C. 2015 D. 2011 The OECD guidelines were adopted for the first time in _________ A. 1975 B. 1976 C. 1977 D. 1978 Which of the following is NOT one of the conditions a corporate firm has to satisfy to be a corporate citizen? A. Behaviour B. Consistently Satisfactory C. Profiteering D. Ethical actions Which of the following best describes Corporate Philanthropy: Corporate philanthropy helps to A. Create a good image and goodwill for the company B. Achieve long term monetary & non-monetary benefits C. Improve business and earn more profits D. Support communities where companies are based Corporate Philanthropy help businesses by A. Generating business value B. Generating profits C. Increasing sales D. Reducing advertising budget ‘A strategic process of giving that seeks to identify the root causes of systemic issues and make the world a better place by tackling societal problems at their roots’ is known as A. Charity B. Social Service C. Philanthropy D. Community help The OECD guidelines were updated for the ________ time in year 2011 A. Fourth B. Fifth C. Sixth D. Third Permanent solutions to social problems can be best achieved with A. Philanthropy B. Donations C. Charity D. Community help

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A short-term, emotional, immediate response, focused primarily on rescue and relief is A. Social work B. Community service C. Philanthropy D. Charity A strong CSR strategy of ‘Being more engaged and socially aware’ is critical for the companies to A. Achieve its business objectives easily B. Earn more profits C. Attract the best talent D. Increase shareholder value Which of the following should not be the reason for the organizations to undertake social responsibility? A. To do charity B. To support their business activity C. To fulfil their marketing needs D. To give a positive disposition to their brands When a company wants to use CSR as a Marketing and Branding tool for its business it should A. Act beyond the narrow areas of self-benefit and works for a larger, socially beneficial cause B. Exploit the CSR activity platform to reach out to its target audience C. Align the CSR projects with its business activities to achieve its desired business objectives D. Use CSR as a tool to lure its stakeholders to build brand and company image Companies should view CSR from the perspective of marketing and branding as A. A passing fad B. An unnecessary external pressure C. Crucial for overall organizational health D. Merely a statutory mandate CSR is an ethical management concept where companies aim to integrate following concerns along with the consideration of human rights into their business operations: A. Social, Economic & Legal B. Social, Legal & Environmental C. Legal, Economic & Environmental D. Environmental, Social & Economic The studies show that companies engaging in socially responsible behaviour tend to show long-term financial gains and increase in A. Value B. Profits

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C. Revenue D. Market share The reason why CSR builds Brand Equity is largely A. Personal B. Psychological C. Ethical D. Social ‘P&G Shiksha - Buy P&G products, Help build schools’ is a campaign run by P&G for the marketing & branding of its products like ‘Tide’, ‘Ariel’, ‘Head & Shoulder’ etc. Which of the following statements best reflect this example? A. A company can fool the customers through such emotional campaigns B. A company can misuse CSR activities to convert customer needs & wants into purchase C. A company is able to tie purchase that is otherwise seen as non-essential to something larger than the product D. A company can exploit CSR platforms for converting prospects or nonusers to users or customers through such campaigns A study shows that most of the customers are likely to buy from a company that A. Supports & engages in activities that improve society B. Offers the most useful & wide range of products C. Is more concerned about the benefits of its shareholders D. Is always involved into the research activities to solve customers’ luxury needs

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UNIT – II CSR Legislations in India

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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 Who uses the Triple Bottom Line? (i) Businesses (ii) Non-profit organisations (iii) Government entities A. Only (i) B. Only (ii) C. (i), (ii) & (iii) D. (ii) & (iii) The hand-of-government refers to the A. ability of the government to interfere in business negotiations B. role of corporations to be profitable within the law

Prof. Sameer Patil

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C. effect of national politics on business decisions

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D. impact of changing government regulations An organisation's obligation to act to protect and improve society's welfare as well as its own interests is referred to as A. organisational social responsibility B. organisational social responsiveness

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C. corporate obligation D. business ethics

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The view that business exists at society's pleasure and businesses should meet public expectations of social responsibility is the A. iron law of responsibility argument

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B. enlightened self-interest argument C. capacity argument D. anti-freeloader argument External audit of the accounts of a limited company is required 6

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A. because it is demanded by the company’s bankers B. by the Companies Act 2013

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C. at the discretion of the shareholders D. to detect fraud Directors’ responsibilities are unlikely to include A. a fiduciary duty B. a duty to keep proper accounting records

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C. a duty to propose high dividends for shareholders D. a duty of care A company may become insolvent if it A. has negative working capital 8

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B. cannot meet its budgeted level of profit C. makes a loss D. cannot pay creditors in full after realisation of its assets A director of a limited company may not be liable for wrongful trading if he or she A. took every step to minimise the potential loss to creditors B. increased the valuation of its inventories to cover any potential shortfall

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C. introduced into the balance sheet an asset based on a valuation of its brands sufficient to meet any shortfall D. brought in some expected sales from next year into the current year Fraudulent trading may be

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A. a civil offence committed by any employee

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B. a criminal offence committed only by directors of a limited company C. a civil and a criminal offence committed only by directors of a limited company D. a civil and a criminal offence committed by any employee

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According to Section 135 of the Companies Act 2013, it is mandatory to constitute a CSR Committee for every company having net worth of Rs. ________________ or more A. Rs. 100 Crore B. Rs.500 Crore C. Rs. 200 Crore D. Rs. 400 Crore As per Companies Act 2013, every company with a turnover of ___________ or more during the immediately preceding financial year shall constitute a CSR Committee A. Rs. 500 Crore B. Rs. 100 Crore C. Rs. 1000 Crore D. Rs. 300 Crore Section 135 of Companies Act 2013 has made it mandatory to form a CSR Committee for every company whose net profit during the immediately preceding financial year is minimum A. Five Crore B. Ten Crore C. One Crore D. Twenty Crore As per Companies Act 2013, the companies having constituted a CSR Committee, should have minimum _________ directors in its board A. Four B. Two C. Five D. Three Which of the following is NOT one of the functions of the CSR Committee of the company? A. Recommend the amount of expenditure to be incurred on the activities referred to in clause (i) B. Formulate and recommend to the Board, the guidelines for the business activities to be undertaken by the Company C. Monitor the CSR Policy of the company from time to time D. Institute a transparent monitoring mechanism for implementation of the CSR projects or programs or activities undertaken by the company Which of the following statements regarding the responsibility of Board of Directors of every company on which CSR is applicable is NOT correct? A. ensure that the company spends, in every financial year, at least 5% of

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the average net profits of the company made during the 3 immediately preceding financial years, in pursuance of its CSR Policy B. after considering the recommendations made by the CSR Committee, approve the CSR Policy for the Company and disclose contents of such Policy in Board report C. shall disclose the composition of the CSR Committee in Board Report D. ensure that the activities as are included in CSR Policy of the company are undertaken by the Company As per the Companies Act 2013, every company on which CSR is applicable should spend, in every financial year, at least ___ % of the average net profits made during the 3 immediately preceding financial years A. 5 B. 2 C. 3 D. 4 The CSR Policy of the company shall include the following: (i) A list of Commercial projects which a company plans to undertake specifying modalities of execution of such projects and implementation schedules for the same (ii) Monitoring process of CSR projects or programs (iii) A clause specifying that the surplus arising out of the CSR projects or programs or activities shall not form part of the business profit of the company A. (i), (ii) & (iii) B. Only (i) C. (ii) & (iii) D. (i) & (ii) The CSR activities shall be undertaken by the company, as per its CSR Policy, excluding activities A. Undertaken by other companies in the same region B. Undertaken in pursuance of its normal course of business C. Undertaken by other NGO’s in the same field D. Undertaken by Government Activities which may be included by companies in their Corporate Social Responsibility Policies are mentioned in the A. Schedule VII B. Schedule V C. Schedule VI D. Schedule VIII

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UNIT – III Introduction to Sustainability & Sustainable Development Stakeholders are considered more important to an organization when A. They can make use of their power on the organization

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B. They do not emphasize the urgency of their issues C. Their issues are not legitimate D. They can express themselves articulately In which year did the word ‘sustainable development’ come into existence? A. 1992 B. 1978 C. 1980 D. 1987 In which year was the United Nations Commission on Sustainable Development (CSD) started by the UN General Assembly? A. 1995 B. 1994 C. 1993 D. 1992 What is the other word for landscaping? A. Reduction B. Restoration C. Removing topsoil D. Restore Sustainability is the study of the concepts of sustainable development and ___________ A. environmental science B. general science C. social science D. geo science As per United Nations, which of the following isNOT one of the broader issues of human development? A. Education B. public health C. Modern lifestyle D. standard of living United Nations (UN) designated which decade as the ‘United Nations Decade of Education for Sustainable Development’? A. 2002-11 B. 2003-12 C. 2004-13 D. 2005-14 How many Sustainable Development Goals (SDGs) are set by United Nations? A. 16 B. 17 C. 18 D. 15 The Sustainable Development Goals (SDGs) recognize that all countries must stimulate action in the following key areas:

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A. people, planet, prosperity, peace and partnership B. people, planet, prosperity, plants and partnership C. people, planet, prosperity, peace and planning D. people, planet, prosperity, plants and planning When the consumption of natural resources are more than nature’s ability to replenish then the sustainability is said to be A. sustainable B. steady state economy C. environmentally sustainable D. not sustainable When the consumption of natural resources are equal to nature’s ability to replenish then the sustainability is said to be A. environmentally sustainable B. not sustainable C. steady state economy D. sustainable When the consumption of natural resources are less than nature’s ability to replenish then the sustainability is said to be A. not sustainable B. environmentally sustainable C. sustainable D. steady state economy When the consumption of natural resources are more than nature’s ability to replenish then the environment is in the state of A. Environm...