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Business Environment Flashcards

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1
Q

What does CSR stand for?

A

Corporate Social Responsibility

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2
Q

True or False: CSR is only about philanthropy.

A

False

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3
Q

Fill in the blank: CSR includes ethical practices, environmental sustainability, and ________ responsibilities.

A

social

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4
Q

What is one primary goal of CSR?

A

To enhance the company’s reputation and build customer loyalty.

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5
Q

Which of the following is a component of CSR? A) Environmental protection B) Tax evasion C) Reducing employee benefits

A

A) Environmental protection

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6
Q

What role does stakeholder engagement play in CSR?

A

It helps companies understand and address the concerns of those affected by their operations.

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7
Q

True or False: CSR can lead to increased operational costs.

A

True

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8
Q

What is one benefit of implementing CSR practices?

A

Improved brand image and customer loyalty.

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9
Q

Fill in the blank: CSR initiatives can include community development, environmental sustainability, and ________ practices.

A

ethical

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10
Q

What is the triple bottom line in CSR?

A

People, Planet, Profit

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11
Q

Name one challenge companies face when implementing CSR.

A

Balancing profit-making with social and environmental responsibilities.

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12
Q

True or False: CSR is only relevant for large corporations.

A

False

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13
Q

What is a common criticism of CSR?

A

It can be seen as a form of corporate greenwashing.

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14
Q

What does the term ‘greenwashing’ refer to?

A

The practice of promoting an organization’s environmental initiatives while ignoring negative impacts.

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15
Q

Which of the following is NOT typically associated with CSR? A) Corporate philanthropy B) Sustainable business practices C) Maximizing shareholder profits at all costs

A

C) Maximizing shareholder profits at all costs

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16
Q

True or False: CSR initiatives can improve employee morale.

A

True

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17
Q

What is one way companies can measure the impact of their CSR activities?

A

Through social and environmental audits.

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18
Q

What is the relationship between CSR and corporate governance?

A

CSR is often integrated into corporate governance to ensure ethical decision-making.

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19
Q

Fill in the blank: CSR strategies can help mitigate risks and enhance a company’s ________.

A

sustainability

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20
Q

What is an example of a CSR initiative?

A

Implementing a recycling program in the workplace.

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21
Q

True or False: All companies are legally required to engage in CSR.

A

False

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22
Q

What is the main focus of social responsibility in CSR?

A

To contribute positively to society and improve community well-being.

23
Q

How can CSR affect consumer purchasing decisions?

A

Consumers may prefer to buy from companies that demonstrate social responsibility.

24
Q

What role does transparency play in CSR?

A

It builds trust with stakeholders by openly sharing CSR practices and outcomes.

25
Q

What is one way companies can engage in environmental sustainability as part of CSR?

A

Reducing carbon emissions through energy-efficient practices.

26
Q

Fill in the blank: The concept of CSR is often linked to ________ capitalism.

A

stakeholder

27
Q

Teach me the social environment and all elements under it

A
28
Q

What is the definition of the social environment?

A

The social environment refers to the immediate physical and social setting in which people live or in which something happens or develops.

29
Q

True or False: The social environment only includes the family and friends of an individual.

A

False

30
Q

Fill in the blank: The social environment encompasses __________, cultural norms, and social relationships.

A

communities

31
Q

What are some components of the social environment?

A

Components include family structures, peer groups, community organizations, and social institutions.

32
Q

Multiple choice: Which of the following is NOT considered part of the social environment? A) Family B) Economy C) Cultural values D) Weather

A

D) Weather

33
Q

How does the social environment influence individual behavior?

A

The social environment shapes norms, values, and expectations that guide individual behavior.

34
Q

True or False: Social environments can differ significantly between cultures.

A

True

35
Q

Fill in the blank: The concept of __________ refers to the patterns of social relationships and interactions within a community.

A

social structure

36
Q

What role does education play in the social environment?

A

Education shapes social norms, influences social mobility, and fosters community engagement.

37
Q

Multiple choice: Which factor is most likely to affect a person’s social environment? A) Personal interests B) Geographic location C) Favorite color D) Hobbies

A

B) Geographic location

38
Q

What is the significance of social networks in the social environment?

A

Social networks provide support, resources, and opportunities for individuals within a community.

39
Q

True or False: The social environment has no impact on mental health.

A

False

40
Q

Fill in the blank: __________ is a key aspect of the social environment that includes shared beliefs and practices.

A

Culture

41
Q

What is socialization?

A

Socialization is the process through which individuals learn and internalize the values, beliefs, and norms of their social environment.

42
Q

Multiple choice: Which of the following best describes social capital? A) Economic resources B) Networks of relationships C) Personal wealth D) Geographic advantages

A

B) Networks of relationships

43
Q

How can poverty affect the social environment?

A

Poverty can limit access to resources, reduce social mobility, and create barriers to social participation.

44
Q

True or False: The social environment is static and does not change over time.

A

False

45
Q

Fill in the blank: __________ refers to the influence of social factors on health outcomes.

A

Social determinants of health

46
Q

What is the impact of technology on the social environment?

A

Technology can enhance communication, create new social networks, and change the way individuals interact.

47
Q

Multiple choice: Which of the following is an example of a social institution? A) A library B) A school C) A grocery store D) A park

A

B) A school

48
Q

What is the relationship between the social environment and identity?

A

The social environment plays a crucial role in shaping an individual’s identity through cultural influences and social interactions.

49
Q

True or False: Social change can occur without affecting the social environment.

A

False

50
Q

Fill in the blank: __________ are the unwritten rules that govern social behavior in a given environment.

A

Social norms

51
Q

What is meant by ‘community engagement’?

A

Community engagement refers to the process of involving individuals in the decision-making and activities of their community.

52
Q

Multiple choice: Which of the following factors can enhance social cohesion? A) Isolation B) Trust C) Conflict D) Discrimination

A

B) Trust

53
Q

How do social environments differ across urban and rural settings?

A

Urban environments often have more diverse populations and resources, while rural environments may have tighter-knit communities and different social dynamics.

54
Q

Explain the social environment in business environment

A

English Language (4 decks)

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