4. Which of the following is not true regarding corporate social responsibility (CSR) programs?
A. CSR is an organization’s obligation to maximize its positive impact and minimize its negative impact on society.
B. CSR has been shown to benefit companies by improving their brand image.
5. In 2010, an explosion on a BP oil rig in the Gulf of Mexico caused loss of life and grave environmental consequences for the
surrounding area. In response, BP worked to clean up the area, compensated people affected by the impact of the accident, and
supported the economic recovery of Gulf Coast tourism and seafood industries impacted by the oil spill. BP has also committed
funding for independent research on the Gulf of Mexico ecosystem so it can better understand and mitigate the potential impacts
of oil spills. In short, BP exhibited
A. shareholder responsibility.
6. The view that an organization has an obligation to those who can affect the achievement of its objectives is referred to as
A. corporate philanthropy.