Identify the main aim of Flower Valley Conservation Trust in South Africa.
To protect the fragile natural environment and create more jobs.
To modernise the traditional methods of farming
To implement new technology based projects
To provide all necessary support for cultivators to market their products.
Choose the wrong option.
Local community should be consulted about major changes in business operations such as expansion plans or changing methods of production.
Government takes up the responsibility to prevent unfair competition that could damage business survival.
It is compulsory as per law for all employees all over the world to join a trade union.
Employees should observe at all times the ethical code of conduct.
Social audits are conducted annually to provide an answer to which question?
What is the correct financial position of the business?
How far the business has attained its major aim of maximising profits?
What is the social impacts of a business over a period?
What is the truth and correctness of financial statements prepared by a firm?
According to critics, what is the main aim of government through CSR strategies?
To meet social responsibilities at any cost
An attempt is made to impose fewer controls and restriction on powerful multinational firms.
To enable business firms to generate high profits
Creating an environment wherein the firms can invest less and earn more.
From the following options, which is the main responsibility of a business to suppliers?
The business should always choose credit purchases with longer credit period.
The purchasing business should pay promptly, place regular orders and offer long-term contracts.
Suppliers should be changed frequently.
The purchasing business should invite quotation from suppliers.
What does CSR stand for?
Council for Science and Research
Corporate Statistical Research
Corporate Social Research
Corporate Social Responsibility
Identify the positive impact of applying IT into production methods for employees.
Opportunities for training and promotion might be offered
Local business providing IT services could benefit from increased orders.
Improve quality and offer more product variety
The relation between employees and management may be promoted.
Why Managers and Directors are paid more than other employees?.
Because they are often confronting complex situations where intelligent decisions should be taken.
Their qualification is high when compared to other employees.
Their ability required to tackle problems is moderate.
They occupy very high position in the top management.
Choose the correct option.
The foreign currency earned by exports allow a country to pay for its imports.
There are no specific laws which outline business responsibilities to workers.
Local communities oppose business operations at all times, even if these provide financial and infrastructure support to the society.
While taking business decisions the objectives of customers are not given due consideration.
While meeting corporate social responsibility many differences in opinions may arise, however such divergent opinions should be resolved by which authority?
Shareholders
Stakeholders
Senior Management Officials
Social Auditors