In the ‘Selling CSR’ lecture video, it was explained that McKinsey and NeilsenIQ carried out a study which tracked spending behaviour of US consumers. What did the study find?Group of answer choicesThere was no correlation between business claims of social and environmental responsibility and improved sales performance of those businessesConsumers will only spend more on businesses that engage in substantive CSR practicesThere was a correlation between business claims of social and environmental responsibility and improved sales performance of those businessesThere is not enough evidence to determine correlation between sustainability claims of business and spending behaviour of consumersWhile there is greater consumer interest in CSR, consumers are not spending more on businesses which claim social and environmental responsibility

Methods that supermarkets can use to demonstrate Corporate Social Responsibility [CSR].

Corporate social responsibility (CSR) means that companies must assess and take responsibility for their effect on the environment and society, only in matters that are defined by law and regulation.Group of answer choicesTrueFalse

What does the term "CSR" stand for in sustainability management?Question 7Answera.Corporate Sustainability Records b.Corporate Shareholder Rights c.Corporate Social Responsibility d.Customer Satisfaction Ratings

Topic 5 discussed reasons why businesses may report their social and environmental impact. Choose all the reasons that align with the ‘business case’ perspective discussed in the lecture:Group of answer choicesTo justify the work of CSR departmentsTo add detail to annual reports for stakeholdersTo enhance business reputationTo avoid negative media reportingTo encourage other businesses to also fairly report their social and environmental impact

True of false: The last two decades has seen an overall decline in the number of companies producing CSR/sustainability reports. Group of answer choicesTrueFalse