Which of the following corporate social responsibilities is recommended for mnes by the un
Which of the following are not engaged in transactions with the corporation and are not essential for its survival?
secondary stakeholders
| Glossary | |
|---|---|
| secondary stakeholders | those who do not typically engage in transactions with a company and thus are not essential for its survival; these include the media, trade associations, and special-interest groups |
Which of the following is an example of a primary stakeholder group group of answer choices?
Examples of primary stakeholders include shareholders, employees, customers, suppliers, vendors and business partners.
Are CSR related resources always rare?
CSR-related resources are always rare. At some firms, CSR-related capabilities are deeply embedded in idiosyncratic managerial and employee skills, attitudes, and interpretations.
Is any group or individual who can affect or is affected by an organization’s strategies major transactions and activities?
stakeholder
A stakeholder is any group or individual who can affect or is affected by an organization’s strategies, major transactions, and activities. Stakeholders include employees, suppliers, customers, shareholders, the government, media, and others.
Which of the following corporate social responsibilities are recommended for most MNEs in host countries?
In terms of corporate social responsibility, MNEs should: reinvest some profits in the host country.
Who are the stakeholders in corporate social responsibility?
Corporate social responsibility includes the responsible business organization with respect to stakeholders (shareholders, employees, customers, and suppliers), the business relationship with the state (local and national) institutions and standards, the business as a responsible member of society in which it operates, …
What do we mean by corporate social responsibility?
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.
Which of the following does the term corporate social responsibility relate to?
Corporate Social Responsibility,or CSR is the self declared business model of the various corporate sectors in our economy. This CSR mainly includes the maintenance of the sustainability in our society by the corporate world.
What are the principles of corporate social responsibility CSR and sustainability?
More specifically, CSR for example involves fair business practices, staff-oriented human resource management, economical use of natural resources, protection of the climate and environment, sincere commitment to the local community and also responsibility along the global supply chain.
What are the 4 corporate social responsibilities?
Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.
- Environmental Responsibility. …
- Ethical Responsibility. …
- Philanthropic Responsibility. …
- Economic Responsibility.
What are some examples of corporate social responsibility?
Some of the most common examples of CSR include:
- Reducing carbon footprints.
- Improving labor policies.
- Participating in fairtrade.
- Diversity, equity and inclusion.
- Charitable global giving.
- Community and virtual volunteering.
- Corporate policies that benefit the environment.
- Socially and environmentally conscious investments.
What are examples of corporate social responsibility?
Corporate Social Responsibility Examples: The Good
- Reducing carbon footprint.
- Engaging in charity work.
- Purchasing fair trade products.
- Investing in environmentally conscious businesses.
- Getting involved in volunteer work.
- Improving labour policies.
What are the 5 types of social responsibility?
Generally, corporate social responsibility initiatives are categorized as follows:
- Environmental responsibility. …
- Human rights responsibility. …
- Philanthropic responsibility. …
- Economic responsibility.
What are the levels of corporate social responsibility?
These four levels can help businesses build their CSR initiatives to benefit society.
- Economic Responsibility.
- Legal Responsibility.
- Ethical Responsibility.
- Philanthropic Responsibility.
What are 4 social responsibility issues?
The four components of social responsibility are ethical, legal, economic and philanthropic.
Which of the following is one of the seven types of corporate social responsibility?
In this episode we discuss several types of corporate social responsibility (CSR) including diversity, equity and inclusion, supply chain, environmental/sustainability, employee engagement, corporate philanthropy, and governance.
How important are the social responsibilities to corporations?
Social responsibility programs can boost employee morale in the workplace and lead to greater productivity, which has an impact on how profitable the company can be. Businesses that implement social responsibility initiatives can increase customer retention and loyalty.
What is corporate social responsibility in South Africa?
The goal of CSR is to ensure that communities affected by a company’s operations will enjoy socio-economic benefits. It seeks to ensure that individuals, communities, and society at large will benefit. The economic landscape of South Africa will change for the better.
What is corporate social responsibility quizlet?
Corporate social responsibility is the managerial obligation to take action to protect and improve both the welfare of society as a whole and the interest of organizations. a companies obligation exert a positive impact and minimize its negative impact on society.
What is corporate social responsibility based on quizlet?
Corporate Social Responsibility. A manner of doing business that takes into account the economic, social and environmental impact of the company’s actions. Triple Bottom Line. The measure of business performance which includes social, environmental and economical impacts.
Why corporate social responsibility is a must for South African businesses?
CSR ensures that companies conduct business ethically and responsibly. This means that you need to consider the impact of you business operations on society, including things like: Your company’s carbon footprint and environmental impact. Your company’s impact on the South African economy.