Corporate social responsibility (CSR) MCQs in Supply Chain

Corporate Social Responsibility (CSR) in Supply Chain MCQs

1. What is Corporate Social Responsibility (CSR)?
   • a) A company’s efforts to enhance its profitability
   • b) A company’s initiative to take responsibility for its effects on environmental and social well-being
   • c) A company’s strategy to reduce operational costs
   • d) A company’s plan to increase its market share
   • Answer: b) A company’s initiative to take responsibility for its effects on environmental and social well-being
2. Which of the following is a key component of CSR in supply chain management?
   • a) Maximizing shareholder value
   • b) Reducing production costs
   • c) Ensuring ethical sourcing and procurement
   • d) Increasing sales volume
   • Answer: c) Ensuring ethical sourcing and procurement
3. Which concept emphasizes a company’s commitment to ethical behavior in its business practices?
   • a) Profit maximization
   • b) Corporate governance
   • c) Corporate Social Responsibility (CSR)
   • d) Market dominance
   • Answer: c) Corporate Social Responsibility (CSR)
4. What is the primary goal of implementing CSR in a supply chain?
   • a) To enhance product quality
   • b) To increase market competition
   • c) To minimize negative impacts on society and the environment
   • d) To maximize production efficiency
   • Answer: c) To minimize negative impacts on society and the environment
5. Which of the following is an example of a CSR practice in the supply chain?
   • a) Outsourcing production to low-cost countries
   • b) Using child labor to reduce costs
   • c) Implementing fair trade practices with suppliers
   • d) Ignoring environmental regulations to save money
   • Answer: c) Implementing fair trade practices with suppliers
6. How can a company demonstrate its commitment to CSR in its supply chain?
   • a) By reducing wages of employees
   • b) By ensuring transparency in its supply chain operations
   • c) By cutting down on product quality checks
   • d) By ignoring stakeholder concerns
   • Answer: b) By ensuring transparency in its supply chain operations
7. What is the significance of sustainability in CSR for supply chains?
   • a) It focuses solely on financial profitability
   • b) It aims to balance economic, social, and environmental factors
   • c) It disregards environmental concerns
   • d) It prioritizes short-term gains over long-term impact
   • Answer: b) It aims to balance economic, social, and environmental factors
8. Which of the following is NOT a benefit of CSR in supply chain management?
   • a) Improved brand reputation
   • b) Increased regulatory scrutiny
   • c) Enhanced customer loyalty
   • d) Reduced risk of supply chain disruptions
   • Answer: b) Increased regulatory scrutiny
9. What role do stakeholders play in CSR initiatives in supply chains?
   • a) They are irrelevant to CSR efforts
   • b) They have no influence on CSR policies
   • c) They provide input and feedback on CSR practices
   • d) They are solely responsible for implementing CSR
   • Answer: c) They provide input and feedback on CSR practices
10. Why is it important for companies to integrate CSR into their supply chain strategies?
    • a) To solely focus on profit maximization
    • b) To gain competitive advantage and improve sustainability
    • c) To reduce transparency in operations
    • d) To ignore ethical considerations
    • Answer: b) To gain competitive advantage and improve sustainability