CSR extends beyond ethical management by emphasizing firms’ voluntary engagement in social and environmental initiatives, and disclosures of CSR activities in a firm’s annual report can be treated as reliable indicators of the firm’s social impact.

Question

BlackTom AI · Accepted Answer

The statement under consideration reads: 'CSR extends beyond ethical management by emphasizing firms’ voluntary engagement in social and environmental initiatives, and disclosures of CSR activities in a firm’s annual report can be treated as reliable indicators of the firm’s social impact.'

Option 1: True
- A portion of this statement is accurate: CSR does indeed extend beyond merely ethical management by highlighting voluntary social and environmental actions taken by a firm.
- However, the second part of the statement claims that CSR disclosures in annual reports can be treated as reliable indicators of social impact. In practice, this reliability is often limited: CSR disclosures can be voluntary, subject to selective reporting, and not always standardized or independently verified, which can bias whether they accurately reflect true social impact.
- Because the claim about reliability is questionable, labeling the entire statement as true would be overly confident and potentially misleading. Thus, while the first clause is defensible, the overall option is weakened by the reliability claim.

Option 2: False
- This option aligns with a cautious view: CSR does involve voluntary social and environmental efforts beyond basic ethical management, but disclosures in annual reports are not universally reliable indicators of actual social impact due to issues like selective disclosure, lack of standardization, and potential greenwashing.
- Recognizing these limitations helps prevent over-interpretation of CSR disclosures as definitive evidence of impact. In many frameworks, reliability would require external verification, standardized metrics, or third-party assurance.
- Therefore, this option correctly captures the nuance that while CSR disclosures provide information, they should not be treated as fully reliable indicators without corroborating evidence.

In summary, the statement mixes a true descriptive element (CSR goes beyond ethical management) with a questionable claim about reliability of disclosures. The nuanced view in Option 2 reflects the realism that CSR disclosures require critical evaluation rather than being automatically trusted indicators of social impact.

MKTG1021.07|.08|.09 Fall 2025 Marketing Principles [Wang] MKTG1021-Final Exam- Requires Respondus LockDown Browser

CSR extends beyond ethical management by emphasizing firms’ voluntary engagement in social and environmental initiatives, and disclosures of CSR activities in a firm’s annual report can be treated as reliable indicators of the firm’s social impact.

查看解析

登录即可查看完整答案

类似问题

Which of these is an example of business supporting their community, as described in the case “Salesforce's 1+1+1 Integrated Philanthropy Model”?

Corporate social responsibility is a form of industry _______ that integrates into business strategy a process for monitoring and managing corporate conduct relative to external stakeholders.

What are the four broad groupings of issues by the UN Global Compact?

Which of the following is not an example of a social factor?

The OECD Guidelines for Multinational Enterprises:

Question at position 25 What is NOT an outcome for organizations who are implementing corporate social responsibility (CSR)?decreased company revenueemployees feel increased company pride company's brand reputation increasesemployees feel more engaged and satisfied

Question at position 4 Criticisms of corporate social responsibility (CSR) include which of the following (SELECT ALL THAT APPLY):Disconnected from day to day operations of the organizationLimited resources to make a real impactReporting is standardized so organizations can't be creative

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单