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Effective management of long-term cooperative relationship necessitates that managers recognize the
Managerial Economics and Ethics MCQ - Corporate Social Responsibility Questions
- A Social responsibility could find expression in the policy documents of the company wherein a company undertake to discharge certain goals in addition to business goals
- B The business should be expected to take the long term view and perform socially responsible actions that might primarily reduce profits in the short run but are in the ultimate interest of the company in the long run
- C The business should be obliged to internalize most of its external cost
- D All of the above
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Match the following
| List-I (Social Responsibilities) | List-II (Features) |
| (A) Responsibility to share holders | 1. Improving quality |
| (B) Responsibility to employees activities | 2. To include in social welfare |
| (C) Responsibility to consumers conditions | 3. To establish better working |
| (D) Responsibility to community | 4. To be transparent |
