1
What is one of the main parties a business should fulfill its social responsibilities towards?
Explanation
Businesses have social responsibilities towards various parties, including customers, employees, owners, and society.
2
According to the World Business Council for Sustainable Development, what does business social responsibility involve?
Explanation
Business social responsibility is defined as the commitment to act ethically and contribute to economic development while improving quality of life.
3
Which of the following is NOT one of the definitions of business social responsibility provided in the content?
Explanation
The definitions discussed do not include providing entertainment as a responsibility.
4
What is a benefit of fulfilling social responsibilities for a business?
Explanation
Fulfilling social responsibilities can ensure the existence of a business by building goodwill and trust.
5
What does sustainable development aim to meet according to the World Commission on Environment and Development?
Explanation
Sustainable development is defined as meeting the needs of the present without compromising future generations.
6
Which pillar is NOT part of the three pillars of sustainable development?
Explanation
The three pillars of sustainable development are economic, environmental, and social sustainability.
7
What is a key focus of economic sustainable development?
Explanation
Economic sustainable development focuses on improving human welfare and enhancing the quality of life.
8
What does environmental sustainable protection emphasize?
Explanation
Environmental sustainable protection aims to satisfy basic human needs such as air, water, and food through sustainable practices.
9
Which of the following describes social sustainable development?
Explanation
Social sustainable development emphasizes equality, social capital, and human rights.
10
What is an essential element for achieving economic sustainability according to the content?
Explanation
Promoting international trade is one of the essential elements for achieving economic sustainability.
11
What does the concept of '3R' in waste management stand for?
Explanation
The '3R' concept stands for Reduce, Reuse, and Recycle.
12
Which of the following actions can businesses take to ensure environmental sustainability?
Explanation
Businesses can ensure environmental sustainability by engaging in eco-friendly activities and adhering to regulations.
13
What is a focus area for businesses to ensure social and cultural sustainability?
Explanation
Enhancing the standard of living is a key focus area for ensuring social and cultural sustainability.
14
What type of products should businesses aim to produce for economic sustainability?
Explanation
Producing eco-friendly products is essential for achieving economic sustainability.
15
Which of the following is NOT a step for a business to ensure economic sustainability?
Explanation
Increasing waste is not a step towards ensuring economic sustainability.
16
What is one of the adverse effects that environmental sustainability aims to address?
Explanation
Global warming is one of the adverse effects that environmental sustainability aims to address.
17
What should businesses focus on to support social sustainable development?
Explanation
Ensuring equal opportunities is essential for supporting social sustainable development.
18
According to the provided content, what is a key aspect of fulfilling social responsibilities towards employees?
Explanation
Fulfilling social responsibilities towards employees includes providing job rights and necessary facilities.
19
What is a major challenge mentioned that affects stakeholders and society in general?
Explanation
Globalization is one of the major challenges affecting stakeholders and society.
20
What does the phrase 'business giving back to society' refer to?
Explanation
The phrase refers to corporate philanthropy, which is part of business social responsibility.
21
Which of the following is a part of the definition of business social responsibility provided by Narayan Moorthy?
Explanation
Narayan Moorthy defined business social responsibility as creating maximum value for shareholders while being just to all parties.
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