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Author Question: The business case for CSR justifies initiatives ________. A) Through a cost benefit analysis of ... (Read 59 times)

imanialler

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The business case for CSR justifies initiatives ________.
 
  A) Through a cost benefit analysis of the financial impact. Net loss means the initiative is not strategically serving the organization and they shouldn't engage in CSR. Net gain means the company will benefit financially from engaging in CSR and should proceed with their initiatives
  B) Through the resulting benefits for the organization that serve a strategic purpose and provide stability and sustainability
  C) By providing evidence that the initiatives benefit the company in at least two ways. For example: installing solar panels to help power the organization shows environmental sustainability and an economic return on their investment by reduced electric costs, which will pay for the panels in a relatively short time
  D) For the company's ethical responsibility to engage in CSR activities. These actions make a contribution to and reflect company values that CSR is their ethical responsibility and is prompted by their values and integrity to be a good steward

Question 2

The ethical mandate for CSR is focused on ________.
 
  A) A cost benefit analysis of the financial impact. Net loss means the initiative is not strategically serving the organization and they shouldn't engage in CSR. Net gain means the company will benefit financially from engaging in CSR and should proceed with their initiatives
  B) The resulting benefits for the organization and whether it serves a strategic purpose and provides stability and sustainability
  C) Providing evidence that the initiatives benefit the company in at least two ways. For example: installing solar panels to help power the organization shows environmental sustainability and an economic return on their investment by reduced electric costs, which will pay for the panels in a relatively short time
  D) The belief that companies are ethically responsible for their communities and employees. These actions make a contribution to and reflect company values that CSR is their ethical responsibility and is prompted by their values and integrity to be a good steward



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raili21

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Answer to Question 1

Muchas Gracias :)

Answer to Question 2

D
Explanation: D) The focus for justifying CSR efforts through the ethical mandate approach is that the actions are ethically required for organizations and that they have an obligation to give back. Finances may play a part when deciding whether to proceed with an initiative, but it is a factor instead of the underlying belief.




imanialler

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


bdobbins

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Reply 3 on: Yesterday
Gracias!

 

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