When a Business Is Considering How to Implement a CSR

question 26

Multiple Choice

When a business is considering how to implement a CSR plan,why is it important to make a distinction between addressing problems that are precipitated by a crisis and problems that are chronic?

• A)Properly addressing chronic problems involves high-level strategy in capacity building.
• B)A business must collect and store goods to donate to chronic problems.
• C)The best way to address crisis problems is volunteering time.
• D)It is difficult for a business to build a strategic plan around addressing problems that are chronic.
• E)Both chronic and crisis problems are best addressed by a similar strategy of volunteering and donations.

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Definitions:

Society's View

Represents the collective opinions, values, and attitudes of a community or population towards different issues or entities.

Opportunity

A favorable situation or condition that enables the achievement of a goal or the fulfillment of a need.

Business Ethics

The study and examination of moral and ethical principles in the business environment, focusing on the conduct of individuals and organizations.