Business approach that creates long term value for the company by incorporating economic, environmental and social dimensions into its core business decisions

Related MCQs

• which of the following statements are true i. CSR has its roots in business ethics ii. CSR and business ethics are conceptually different iii. CSR and business ethics are synonymous iv. CSR and business ethics can be used interchangeably
• -----------is defined as the duty to cover environmental implications of operations, products and facilities of company.
• Today stakeholders are increasingly demanding that businesses take up environmental stewardship as a part of CSR to reduce carbon footprint of the business through
• Black box Approach is an approach which is also known as
• The three elements of „triple bottom line‟ (TBL) coined by Elkington are i. Economic sustainability ii. Social sustainability iii. Corporate sustainability iv. Environment sustainability
• The CSR projects/activities outlined in the Schedule VII of the Companies Act, 2013 are i. Promoting education ii. Eradicating hunger, poverty & malnutrition iii. Protection of national heritage, art and culture iv. Ensuring environmental sustainability
• The major aspects of environmental sustainability are:
• Which of the following is ingredients of environmental CSR?
• -------- refers to a set of prescriptions and practices that provide guidelines with regards to the effective control of a company in the best interest of its shareholders and other stakeholders.
• A commitment to improve community well –being through discretionary business practices and contributions of corporate resources is called Corporate Social Responsibility. This definition is given by