Business Environment Flashcards
What does CSR stand for?
Corporate Social Responsibility
True or False: CSR is only about philanthropy.
False
Fill in the blank: CSR includes ethical practices, environmental sustainability, and ________ responsibilities.
social
What is one primary goal of CSR?
To enhance the company’s reputation and build customer loyalty.
Which of the following is a component of CSR? A) Environmental protection B) Tax evasion C) Reducing employee benefits
A) Environmental protection
What role does stakeholder engagement play in CSR?
It helps companies understand and address the concerns of those affected by their operations.
True or False: CSR can lead to increased operational costs.
True
What is one benefit of implementing CSR practices?
Improved brand image and customer loyalty.
Fill in the blank: CSR initiatives can include community development, environmental sustainability, and ________ practices.
ethical
What is the triple bottom line in CSR?
People, Planet, Profit
Name one challenge companies face when implementing CSR.
Balancing profit-making with social and environmental responsibilities.
True or False: CSR is only relevant for large corporations.
False
What is a common criticism of CSR?
It can be seen as a form of corporate greenwashing.
What does the term ‘greenwashing’ refer to?
The practice of promoting an organization’s environmental initiatives while ignoring negative impacts.
Which of the following is NOT typically associated with CSR? A) Corporate philanthropy B) Sustainable business practices C) Maximizing shareholder profits at all costs
C) Maximizing shareholder profits at all costs
True or False: CSR initiatives can improve employee morale.
True
What is one way companies can measure the impact of their CSR activities?
Through social and environmental audits.
What is the relationship between CSR and corporate governance?
CSR is often integrated into corporate governance to ensure ethical decision-making.
Fill in the blank: CSR strategies can help mitigate risks and enhance a company’s ________.
sustainability
What is an example of a CSR initiative?
Implementing a recycling program in the workplace.
True or False: All companies are legally required to engage in CSR.
False
What is the main focus of social responsibility in CSR?
To contribute positively to society and improve community well-being.
How can CSR affect consumer purchasing decisions?
Consumers may prefer to buy from companies that demonstrate social responsibility.
What role does transparency play in CSR?
It builds trust with stakeholders by openly sharing CSR practices and outcomes.
What is one way companies can engage in environmental sustainability as part of CSR?
Reducing carbon emissions through energy-efficient practices.
Fill in the blank: The concept of CSR is often linked to ________ capitalism.
stakeholder
Teach me the social environment and all elements under it
What is the definition of the social environment?
The social environment refers to the immediate physical and social setting in which people live or in which something happens or develops.
True or False: The social environment only includes the family and friends of an individual.
False
Fill in the blank: The social environment encompasses __________, cultural norms, and social relationships.
communities
What are some components of the social environment?
Components include family structures, peer groups, community organizations, and social institutions.
Multiple choice: Which of the following is NOT considered part of the social environment? A) Family B) Economy C) Cultural values D) Weather
D) Weather
How does the social environment influence individual behavior?
The social environment shapes norms, values, and expectations that guide individual behavior.
True or False: Social environments can differ significantly between cultures.
True
Fill in the blank: The concept of __________ refers to the patterns of social relationships and interactions within a community.
social structure
What role does education play in the social environment?
Education shapes social norms, influences social mobility, and fosters community engagement.
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
B) Geographic location
What is the significance of social networks in the social environment?
Social networks provide support, resources, and opportunities for individuals within a community.
True or False: The social environment has no impact on mental health.
False
Fill in the blank: __________ is a key aspect of the social environment that includes shared beliefs and practices.
Culture
What is socialization?
Socialization is the process through which individuals learn and internalize the values, beliefs, and norms of their social environment.
Multiple choice: Which of the following best describes social capital? A) Economic resources B) Networks of relationships C) Personal wealth D) Geographic advantages
B) Networks of relationships
How can poverty affect the social environment?
Poverty can limit access to resources, reduce social mobility, and create barriers to social participation.
True or False: The social environment is static and does not change over time.
False
Fill in the blank: __________ refers to the influence of social factors on health outcomes.
Social determinants of health
What is the impact of technology on the social environment?
Technology can enhance communication, create new social networks, and change the way individuals interact.
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
B) A school
What is the relationship between the social environment and identity?
The social environment plays a crucial role in shaping an individual’s identity through cultural influences and social interactions.
True or False: Social change can occur without affecting the social environment.
False
Fill in the blank: __________ are the unwritten rules that govern social behavior in a given environment.
Social norms
What is meant by ‘community engagement’?
Community engagement refers to the process of involving individuals in the decision-making and activities of their community.
Multiple choice: Which of the following factors can enhance social cohesion? A) Isolation B) Trust C) Conflict D) Discrimination
B) Trust
How do social environments differ across urban and rural settings?
Urban environments often have more diverse populations and resources, while rural environments may have tighter-knit communities and different social dynamics.
Explain the social environment in business environment
