Questions And Correct Answers (Verified Answers) 2026
What is CSR - CORRECT ANSWER -corporate social responsibility
responsibility beyond economic and legal obligations to act ethically and contribute in a + way to
society
why CSR - CORRECT ANSWER -pragmatic- maintain legitimacy and protect rep
ethical-responsibility to behave ethically
strategic- creates shared value and differentiates from competitors
types of CSR - CORRECT ANSWER -Philanthropic
ethical
legal
economic
3 models of CSR - CORRECT ANSWER -business case
social values-led
syncretic stewardship
business case model - CORRECT ANSWER -CSR is means to generate financial results
enhancement of competitive advantage
broaden appeal of products
social values-led model - CORRECT ANSWER -used to address specific CSR issue
reaching social goals