Grade 10 Business Studies – Social Responsibility of Business (6 Lessons) Quiz

Social responsibility means businesses should balance profit-making with actions that benefit society, such as protecting the environment, treating workers fairly, and supporting communities.

Sponsoring schools is a positive community action that improves education and shows the business cares about social development, a key part of CSR.

Stakeholders include anyone affected by the company's activities: employees, customers, suppliers, local communities, government and shareholders.

Legal responsibility means businesses must follow laws and regulations set by the government, such as labour laws and environmental rules.

Ethical responsibility involves doing what is morally right, such as fair treatment of workers and avoiding exploitative practices like child labour.

Socially responsible actions often boost a company's reputation, build customer trust, and can lead to increased sales and community support.

CSI refers to resources businesses contribute to support community development projects like clean water initiatives, health clinics and education programmes.

Kenya requires EIAs and has environmental laws to ensure businesses assess and reduce harm to the environment before projects begin.

Businesses should provide safe workplaces, fair wages and opportunities for training, as part of social responsibility and compliance with labour laws.

Taxes collected from businesses help the government provide public goods and services that benefit society, so paying taxes is a civic duty and socially responsible.

Being truthful about products, ensuring safety and addressing complaints fairly shows respect for customers and builds trust.

The SDGs are global targets for poverty reduction, education, health and the environment; responsible businesses often support these goals through their actions.

Greenwashing is when a company advertises itself as 'green' or sustainable but fails to take meaningful steps to reduce environmental harm.

Employing child labour is illegal and unethical; it harms children's development and is clearly socially irresponsible.

CSR reporting and impact monitoring help businesses assess and communicate how well they meet social and environmental responsibilities.

Businesses combat unemployment by employing locals, offering training and sourcing from local suppliers, which supports community livelihoods.

Consulting communities helps businesses identify potential issues, gain support and design projects that benefit both the company and local people.

Philanthropy involves voluntary donations or support for social causes, such as funding health services or community programmes.

Fair trade ensures producers receive fair payment and support, promoting better livelihoods and environmentally friendly practices.

Communities can use legal processes and public interest litigation to seek redress when business activities harm them or the environment.

Supporting education through funding, infrastructure and materials helps build human capital and is a common CSR activity.

Sustainable farming practices like conserving soil, planting trees and controlling pesticide use protect the environment and local livelihoods.

Transparency means openly reporting CSR efforts and outcomes, which builds stakeholder trust and allows verification of claims.

Shared value means businesses pursue strategies that increase their competitiveness while advancing social and economic conditions in the communities where they operate.

CSR refers to voluntary activities businesses undertake to help society and protect the environment in ways that go beyond simply obeying the law. It is broader than just donations and not the same as profit maximisation at any cost.

CSR helps companies improve their public image, attract customers and employees, and build long-term stability. It is not about breaking laws or avoiding responsibilities.

Stakeholders are people or organisations affected by a business (employees, suppliers, customers). The moon is not a stakeholder.

Environmental responsibility includes activities like tree planting, recycling and reducing pollution. Dumping waste is harmful and not responsible.

Legal responsibility requires companies to obey the laws and regulations set by the government, such as labour, tax and environmental laws.

A social audit evaluates how a company's operations affect society and the environment, helping measure CSR performance separate from financial audits.

NEMA is the lead agency for environmental regulation and enforcement in Kenya. KRA handles taxes and KEBS deals with standards but NEMA focuses on environmental matters.

The triple bottom line measures a company's social (people), environmental (planet) and financial (profit) performance.

Investing in local schools is a CSR action that directly improves education and community welfare, unlike activities that harm stakeholders.

Philanthropy involves voluntary charitable actions by businesses or individuals to support community needs, and is a common form of CSR.

Ethical practices involve honesty, fairness and respect for stakeholders, which supports trust and long-term business success.

CSR builds goodwill and trust, leading to better customer loyalty and potentially stronger financial performance over time, though it doesn't guarantee instant huge profits or legal immunity.

Supporting local health services benefits the community directly and is a typical CSR activity, unlike actions that remove benefits from the local area.

CSR enables companies in Kenya to contribute to solving local problems such as job creation, education, health and environmental protection, supporting national development goals.

Ignoring CSR can lead to harmful effects like pollution and damaged relations with the community, harming the business in the long run.

Sustainability or CSR reports summarise a company's social, environmental and economic impacts, helping stakeholders assess performance.

Good CSR creates shared value: it benefits many groups connected to the business, not just a single person or outside entities.

Corporate governance sets accountability and decision-making standards in a company, which affect ethical behaviour and CSR delivery.

Ethical marketing requires honesty and transparency, helping consumers make informed choices and protecting the company's reputation.

Ensuring safety, fair compensation and training are key elements of employee welfare and responsible business practice.

Governments set legal frameworks and may offer incentives to ensure businesses act responsibly and protect public interests.

NGOs often have local knowledge and relationships that help businesses implement socially useful projects more effectively and credibly.

Sustainability involves using resources responsibly (e.g., renewable energy, waste reduction) to protect the environment for future generations.

Sustainability reports document a company's environmental, social and governance (ESG) performance and CSR activities.

Stakeholder engagement means actively involving those affected by business decisions to ensure projects are fair, accepted and effective.