Exam Questions And Correct Answers (Verified Answers) 2026
HowH1wasH1CSRH1introducedH1andH1howH1hasH1itH1evolved?H1-H1CORRECTH1ANSWERH1-
StartedH1asH1philanthropy,H1expandedH1toH1legal/ethicalH1duties,H1nowH1includesH1sustainability.
WhatH1isH1CSR?H1-H1CORRECTH1ANSWERH1-
Business'sH1dutyH1toH1createH1valueH1whileH1actingH1responsiblyH1towardH1society.
WhyH1isH1CSRH1important?H1-H1CORRECTH1ANSWERH1-
BuildsH1trust,H1protectsH1reputation,H1ensuresH1long-termH1success.
WhatH1areH1theH1fourH1componentsH1ofH1CSRH1(Carroll'sH1Pyramid)?H1-H1CORRECTH1ANSWERH1-
EconomicH1(profit),H1LegalH1(law),H1EthicalH1(doH1right),H1PhilanthropicH1(giveH1back).
ExplainH1theH1evolutionH1ofH1CSRH1-H1CORRECTH1ANSWERH1-1950s-philanthropy,H170s-
legal/ethical,H190s-globalization,H1Today-strategicH1CSR.
DifferenceH1betweenH1responsibility,H1responsiveness,H1performance,H1andH1citizenship?H1-
H1CORRECTH1ANSWERH1-
ResponsibilityH1=H1duty;H1ResponsivenessH1=H1reaction;H1PerformanceH1=H1results;H1CitizenshipH1=H1ro
leH1inH1society.
DoesH1everyoneH1agreeH1withH1CSR?H1-H1CORRECTH1ANSWERH1-No—
someH1sayH1itH1buildsH1trust,H1criticsH1sayH1focusH1shouldH1onlyH1beH1onH1profits.
HowH1wouldH1youH1applyH1CSRH1inH1yourH1company?H1-H1CORRECTH1ANSWERH1-
BalanceH1profitsH1withH1ethics,H1laws,H1sustainability,H1andH1givingH1back.
AreH1profitableH1companiesH1betterH1atH1socialH1performance?H1-H1CORRECTH1ANSWERH1-
Perspectives:H1SlackH1resources,H1GoodH1management,H1Interactive.