The View of Corporate Social Responsibility (CSR) That Was Held

question 30

Multiple Choice

The view of corporate social responsibility (CSR) that was held by the largest percentage of managers was that CSR:

• A) is a necessary cost of business
• B) provides a distinctive position in the market
• C) is meaningless if it includes things that firms would do anyway
• D) is a waste of time
• E) is only for those firms that can afford it

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Definitions:

Deferred

Costs or revenues that are recognized at a future date rather than when initially incurred or received.

Released

In a manufacturing or production context, this term refers to products or goods that have been completed and are ready to be shipped or sold.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.

Year 1

Refers to the first year in a given time series, fiscal period, or timeframe under consideration.