_____ represents the collective consumer demand that businesses satisfy their needs. A. Conservationism B. Consumerism C. Social responsibility D. Business ethics E. Recycling

________ is the extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their various stakeholders.Multiple ChoiceEthical well-beingEconomic status quoVirtual sustainabilityUnaccountable consumerism

Another way to describe consumer surplus is

The recognition of how a firm’s business decisions can affect society is its: A. moral code. B. social responsibility. C. conservation policies. D. recycling program. E. consumer bill of rights.

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 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 responsibilityThere was a correlation between business claims of social and environmental responsibility and improved sales performance of those businessesThere 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 practices

The activities that independent individuals, groups, and organizations undertake to protect their rights as consumers is called ______.Multiple choice question.sustainabilityconsumerismcorporate citizenshipwhistleblowing