Question 1

Is there a definitive relationship between CSR and profitability?

Accepted Answer

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Question 2

What are the recommendations made by Chatterji and Levine for improving the reporting process?

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Question 3

Describe the Global Reporting Initiative (GRI).

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Question 4

The Global Reporting Initiative is a long-term,multi-stakeholder,international process which includes principles guiding the framework of social reports,inform decisions about what to report,ensure quality and reliability of the reports,and inform decisions regarding accessibility of the reports.

Accepted Answer

The statement accurately describes the purpose and process of the Global Reporting Initiative.

Question 5

A specific manager or department should not be responsible for the communication of CSR reports.If everyone in the corporation is equally responsible for communication of results,dissemination will be broader.

Accepted Answer

Effective communication of CSR reports often requires a dedicated manager or department to ensure consistency, accuracy, and strategic alignment with corporate goals, although broader employee engagement is also important.

Question 6

Despite all efforts,a comprehensive ethics program for a business school has failed to create a more favourable public image-within universities,the business community,and society.

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Question 7

Corporations following the GRI guidelines are expected to report certain standard disclosures such as: economic,environmental,social and governance performance and impacts.

Accepted Answer

This is correct, corporations following the GRI guidelines are expected to report on standard disclosures related to their economic, environmental, social, and governance performance and impacts.

Question 8

Because of the emphasis on teaching CSR,most business schools are now preparing their own CSR reports.

Accepted Answer

While the emphasis on teaching Corporate Social Responsibility (CSR) has increased, not all business schools prepare their own CSR reports. The practice varies widely among institutions.

Question 9

Describe the Jantzi Social Index (JSI).

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Question 10

Maclean's Magazine publishes Top 50 Socially Responsible Corporations report in cooperation with Jantzi Research,and selection is based on social,environmental,and governance indicators.

Accepted Answer

The statement accurately describes Maclean's Magazine's Top 50 Socially Responsible Corporations report selection process.

Question 11

The Association to Advance Collegiate Schools of Business (AACSB)is a global, non-profit membership organization of educational institutions,businesses,and other entities devoted to the advancement of management education.

Accepted Answer

The statement accurately describes the AACSB.

Question 12

In the Strandberg continuum of future commitment to CSR,"Deep CSR" is a business model with a mission to circumvent government CSR requirements and focus on responsiveness to complaints.

Accepted Answer

"Deep CSR" is actually a business model that goes beyond compliance with CSR requirements and incorporates CSR into every aspect of the business operations, including the core strategy and values. It aims to create social and environmental value alongside economic value.

Question 13

CSR reports are a form of corporate communication which will enhance reputation.

Accepted Answer

CSR (Corporate Social Responsibility) reports are a way for companies to communicate their efforts towards sustainability, social responsibility, and ethical practices. These reports can showcase a company's positive impact on the environment, society, and economy. By demonstrating their commitment to sustainable and ethical practices, companies can enhance their reputation among stakeholders such as customers, employees, investors, and the community.

Question 14

What are some of the best known surveys evaluating the social and environmental performance of business schools?

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Question 15

Considering White's scenarios of the future of CSR,if firms follow the fad-and-fade scenario,there will be a multiplicity of new,complex standards and guidelines which will be problematic for the corporation.

Accepted Answer

In the fad-and-fade scenario, CSR is seen as a passing trend. Therefore, firms would not invest in developing new, complex standards and guidelines, as their commitment to CSR would be superficial and short-lived.

Question 16

The Strandberg report on the future of CSR stated that ethical consumerism will become a more powerful influence on corporation decision-making.

Accepted Answer

The Strandberg report predicts that ethical consumerism will become a more powerful influence on corporation decision-making in the future.

Question 17

Preparation of brochures summarizing the content of a CSR report is not an adequate approach to communicating CSR performance to key stakeholders.

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Question 18

CSR reporting in Canada is no longer voluntary for companies with public ownership.

Accepted Answer

In Canada, CSR (Corporate Social Responsibility) reporting remains largely voluntary, even for companies with public ownership. There is no comprehensive federal legislation mandating CSR reporting for all companies. However, certain industries and sectors may have specific reporting requirements.

Question 19

The Strandberg model outlines a continuum of future commitment to CSR.The middle of the continuum is CSR Strategic.Corporations will become compliant with standards and then create niches in areas more strategic to the corporation.

Accepted Answer

The statement accurately describes the Strandberg model.

Question 20

What are some of the various ways that a corporation may communicate CSR and sustainability results?

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Quiz 9: Measuring,reporting,and Communicating CSR