CSR PRACTICE EXAM QUESTIONS AND
DETAILED SOLUTIONS 2026
▶ Ethics. Answer: A set of behavioral guidelines that an organization
expects all of its manager, directors, and employees to follow to ensure
appropriate moral and ethical business standards. Focuses on acting
according to "core ethical beliefs and convictions"
▶ Compliance. Answer: being in accordance with all national, federal,
regional, or local laws, regulations and government authority requirements
for all the nations in which an organization operates. Focuses on fulfilling
the technical requirements of regulations. (apply to org as a whole and may
extend to collaborators and supply chain)
▶ Ethical Universalism. Answer: A belief in universally recognized moral
norms.
▶ Cultural Relativism. Answer: A belief that moral norms are shaped by
cultural context
▶ Ethical Supply chain behavior. Answer: means better products, more
satisfied customers, and more sustainable working communities that
support the growth of business.
Areas of concern: Workplace safety, child labor, supply chain sustainability.
Organizations can find themselves being accountable for behaviors of their
suppliers if these areas are not considered.
▶ Governance. Answer: The system of rules and processes an
organization puts in place to ensure compliance with local and international
laws, accounting rules, ethical norms, and environmental and social codes
of conduct.
▶ Good Governance. Answer: The outcome of a thoughtful assessment of
an enterprises legal, ethical, and civic, obligations to the communities it
serves and the development of systems that support fulfillment of these
DETAILED SOLUTIONS 2026
▶ Ethics. Answer: A set of behavioral guidelines that an organization
expects all of its manager, directors, and employees to follow to ensure
appropriate moral and ethical business standards. Focuses on acting
according to "core ethical beliefs and convictions"
▶ Compliance. Answer: being in accordance with all national, federal,
regional, or local laws, regulations and government authority requirements
for all the nations in which an organization operates. Focuses on fulfilling
the technical requirements of regulations. (apply to org as a whole and may
extend to collaborators and supply chain)
▶ Ethical Universalism. Answer: A belief in universally recognized moral
norms.
▶ Cultural Relativism. Answer: A belief that moral norms are shaped by
cultural context
▶ Ethical Supply chain behavior. Answer: means better products, more
satisfied customers, and more sustainable working communities that
support the growth of business.
Areas of concern: Workplace safety, child labor, supply chain sustainability.
Organizations can find themselves being accountable for behaviors of their
suppliers if these areas are not considered.
▶ Governance. Answer: The system of rules and processes an
organization puts in place to ensure compliance with local and international
laws, accounting rules, ethical norms, and environmental and social codes
of conduct.
▶ Good Governance. Answer: The outcome of a thoughtful assessment of
an enterprises legal, ethical, and civic, obligations to the communities it
serves and the development of systems that support fulfillment of these
