Corporate Social Responsibility (CSR) Exam Pack

What is Corporate Social Responsibility (CSR)? -ANSWER- The practical application of business thics by the firm and a wider commitment to building a better society. CSR -ANSWER- Concerned primarily with the firm and it's relationships with its various stakeholders. - Stakeholders include shareh...

Corporate Social Responsibility -ANSWER also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business Corporate Social Responsibility -ANSWER a built-in, self-regulating mechanism whereby a business monitors and ensures its active complia...

What is CSR? - ANSWERThe relationship between the entity and the societies in which they operate and the responsibilities of all parties. Context-specific organizational actions and policies that take into account stakeholders' expectations and the triple bottom line of economic, social, and e...

Redefined values and goals based on CSR principles. -ANSWER How have corporate social responsibility (CSR) strategies evolved in corporations? win/win approach -ANSWER creating economic value in a way that also creates value for society by addressing its needs and challenges." -Meet the needs...

Which of the following statements best describes corporate social responsibility? -ANSWER A corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions. Which of the following pairs would...

Corporate social responsibility (CSR) -ANSWER the social responsibility of business to encompass the economic, legal, ethical, and philanthropic expectations that society has of organizations at a given point in time. Corporate social responsibility (CSR) -ANSWER requires the individual to consid...

What is CSR? -ANSWER Obligation of organisational management to make decisions and take actions that will enhance the welfare and interests of society as well as the organisation. I.e. responsibility is no longer limited to economic and legal domains Describe Carroll's CSR pyramid -ANSWER Discr...

corporate social responsibility -ANSWER broader range of a decision or action's effects on a broader field of stakeholders (from ethics, governance, philanthropy, volunteerism to sustainability) attention has moved from the corporate periphery to center stage integrated in to an org's missio...