Question

Which of the following are companies responsible to? a. Shareholders. b. Customers/Clients. c. Employees. d. All of the above.

Which of the following is not a stage in the adoption of CSR by organizations?

	a.	Opportunism.
	b.	Denial.
	c.	Pre-planning.
	d.	Compliance with the law.

Which of the following best explains ‘supplier sustainability follow-up’?

	a.	These are used to inform and are based on external standards and norms.
	b.	These are used to ensure that corrective actions are put in place by suppliers.
	c.	These are used the general codes of conduct and business values of the organization and need to be signed by the supplier.
	d.	These are used to allow procurement professional to check the degree to which suppliers comply with their sustainability requirements through self-assessment and/or supplier sustainability audits.

Answer 1

Question 1

Answer is D)All of the above

Shareholders are owners of the company,they are those people who invest their money in the company with the expectation that they would get better returns in the future. They are concerned with the profitability of the company. It is the responsibility of the company to maximize the wealth of their shareholders.

Now a days Customer /client is considers as a King of the market .Company should ensure that they identify their customer needs and satisfy them better than their competitors. Their responsibility is to serve them best quality products /services and at affordable prices.

Not only this,Company has some responsibilities towards their employees as well .They should be given due respect and good pay for their work. They should not be discriminated on the basis of sex,religion,caste,creed .Their problems /grievances should be addressed properly and within reasonable time period.