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Author Question: What is corporate social responsibility (CSR)? Identify and discuss the characteristics of a CSR ... (Read 275 times)

sdfghj

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on: Jul 7, 2018
What is corporate social responsibility (CSR)? Identify and discuss the characteristics of a CSR company.
 
  What will be an ideal response?

Question 2

Which one of the following is not one of the 2011 Global 100 Most Sustainable Corporations in the world?
 
  A) Kraft Foods, Inc.
  B) Baxter International, Inc.
  C) Weyerhaeuser Co.
  D) Exxon Mobil Corporation


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fwbard

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: Corporate social responsibility (CSR) is the implied, enforced, or felt obligation of managers, acting in their official capacity, to serve or protect the interests of groups other than themselves. A company that espouses CSR behaves as if it has a conscience. Furthermore, it strives to manage the triple bottom line of social responsibility (society, environment, and economy). A CSR firm considers its overall influence on society at large and goes beyond the interests of its shareholders. Such a company will issue corporate social responsibility reports that detail its environmental, labor, and corporate-giving practices. Because social responsibility has moved from nice-to-do to must-do, a CSR company may create the position of director of corporate social responsibility.
Difficulty: Challenging

Answer to Question 2

Answer: D


sdfghj

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Reply #2 on: Jul 7, 2018
Correct answers!


fwbard

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Reply #3 on: Jul 7, 2018
Great! Please up vote :D


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