CSR Quiz 1 Complete Questions And Correct
Answers (Verified Answers) 2026
Corporate Social Responsibility - CORRECT ANSWER -A form of corporate self regulation
integrated into a business model.
CSR Policy functions as a built-in, self-regulating mechanism whereby a business monitors and
ensures its active compliance with the spirit of the law, ethical standards, and international
norms.
CSR is a process with the aim to embrace responsiblity for the company's actions and encourage
a positive impact through its activities on the environment, consumers, employees, communities,
stakeholders, and all other members of the public sphere who may also be considered as
stakeholders
CSR Core Elements - CORRECT ANSWER -CSR Strategy built into League/Team/Player
business
Cause marketing, strategic philanthropy and/or social entrepreneurship
Creating shared value
Social accounting and accountabily
What Makes CSR Unique in Sports? Passion - CORRECT ANSWER -Passion for the product
(team, athlete, game)
More attention and identification for the cause
Bonding and strengthening of communities
What Makes CSR Unique in Sports? Economics - CORRECT ANSWER -Monopoly and special
treatment of antitrust laws
Public support by financing arenas
, Expectation of social responsibility to and support of comunity
What Makes CSR Unique in Sports? Transparency - CORRECT ANSWER -Scrutiny of business
practices
Decisions are public knowledge (trades, strategies, player activity good or bad)
Outcomes are public knowledge (wins/losses and social engagement)
What Makes CSR Unique in Sports? Stakeholder Management - CORRECT ANSWER -
Complexity of stakeholders
Six Areas that Sport practices social responsibility. Corporate Govenrance - CORRECT
ANSWER -Relationship between the league, owners, player associations and government
Developing direction and policy
Six Areas that Sport practices social responsibility. Community Relations - CORRECT
ANSWER -Responsibility of business not to harm and to make efforts to improve communities
Six Areas that Sport practices social responsibility. Employee and Labor Relations - CORRECT
ANSWER -Ethical treatment of employees
Safe working environment
Fair compensation and benefits
Six Areas that Sport practices social responsibility. Diversity and Equality - CORRECT
ANSWER -Responding to changes in demographics and social expectations
Fair, equitable and inclusive work environment
Six Areas that Sport practices social responsibility. Philanthropy - CORRECT ANSWER -
Strategic, formalized practice of providing donations/financial support
In kind and cash donations
Answers (Verified Answers) 2026
Corporate Social Responsibility - CORRECT ANSWER -A form of corporate self regulation
integrated into a business model.
CSR Policy functions as a built-in, self-regulating mechanism whereby a business monitors and
ensures its active compliance with the spirit of the law, ethical standards, and international
norms.
CSR is a process with the aim to embrace responsiblity for the company's actions and encourage
a positive impact through its activities on the environment, consumers, employees, communities,
stakeholders, and all other members of the public sphere who may also be considered as
stakeholders
CSR Core Elements - CORRECT ANSWER -CSR Strategy built into League/Team/Player
business
Cause marketing, strategic philanthropy and/or social entrepreneurship
Creating shared value
Social accounting and accountabily
What Makes CSR Unique in Sports? Passion - CORRECT ANSWER -Passion for the product
(team, athlete, game)
More attention and identification for the cause
Bonding and strengthening of communities
What Makes CSR Unique in Sports? Economics - CORRECT ANSWER -Monopoly and special
treatment of antitrust laws
Public support by financing arenas
, Expectation of social responsibility to and support of comunity
What Makes CSR Unique in Sports? Transparency - CORRECT ANSWER -Scrutiny of business
practices
Decisions are public knowledge (trades, strategies, player activity good or bad)
Outcomes are public knowledge (wins/losses and social engagement)
What Makes CSR Unique in Sports? Stakeholder Management - CORRECT ANSWER -
Complexity of stakeholders
Six Areas that Sport practices social responsibility. Corporate Govenrance - CORRECT
ANSWER -Relationship between the league, owners, player associations and government
Developing direction and policy
Six Areas that Sport practices social responsibility. Community Relations - CORRECT
ANSWER -Responsibility of business not to harm and to make efforts to improve communities
Six Areas that Sport practices social responsibility. Employee and Labor Relations - CORRECT
ANSWER -Ethical treatment of employees
Safe working environment
Fair compensation and benefits
Six Areas that Sport practices social responsibility. Diversity and Equality - CORRECT
ANSWER -Responding to changes in demographics and social expectations
Fair, equitable and inclusive work environment
Six Areas that Sport practices social responsibility. Philanthropy - CORRECT ANSWER -
Strategic, formalized practice of providing donations/financial support
In kind and cash donations
