CSR: Quiz 2

1. The iron law of social responsibility proposes that:

a. Social responsibilities of businesses need to be complementary to their social
power
b. Social responsibilities of businesses need to be commensurate with their social
power
c. Social responsibilities of businesses do not have anything to do with their social
power

2. With reference to the view of corporate social responsibility proposed by Harold B

Johnson (1971), the principle of utility maximization suggests that:
a. Profit making organizations seek multiple goals rather than only maximum profits
b. Profit making organizations try to maximize their output at all costs

3. With reference to the view of corporate social responsibility proposed by Harold B

Johnson (1971), lexicographic view of social responsibility suggests that:
a. Profit oriented organizations prioritize profits above all else and may act as if
socially responsible behavior were an important goal only after they have
achieved their profit targets
b. Profit oriented organizations include socially responsible behavior as an integral
part of their corporate strategy right from the beginning

4. With reference to the concentric circles definition of social responsibility proposed by the
Committee for Economic Development in 1971, the intermediate circle encompasses
a. The clear cut basic responsibilities for efficient execution of the economic function
– products, jobs & economic growth
b. Responsibility to exercise the economic function with a sensitive awareness of
changing social values & priorities
c. Newly emerging & still amorphous responsibilities that businesses should
assume to become more broadly involved in actively improving the social
environment

5. According to Eilbert&Parket, 1973, the principle of good neighborliness proposes:

a. Maintaining a good relationship with the influential members in the neighborhood
b. Taking active steps to develop the neighborhood
c. Not doing things that spoil the neighborhood and the voluntary assumption of the
obligation to help solve neighborhood problems

6. With reference of evolution of CSR in India, the primary form of CSR in India in Phase 1
(1850 to 1914) was:
a. NGO sponsorships
b. Launch of rural initiatives by wealthy businessmen
c. Dynastic charity
7. With reference to the models of social responsibility in India, the Gandhian model/
Ethical model refers to:
a. State-driven policies including state ownership & extensive corporate regulation &
administration
b. Corporate responsibility primarily focused on owner objectives
c. Voluntary commitment to public welfare based on ethical awareness of broad
social needs

8. With reference to the models of social responsibility in India, the Liberal model/ Friedman
model refers to:
a. State-driven policies including state ownership & extensive corporate regulation &
administration
b. Corporate responsibility primarily focused on owner objectives
c. Voluntary commitment to public welfare based on ethical awareness of broad
social needs

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