3.4.4 Business ethics Flashcards
1
Q
What is CSR?
A
Where a business ensures that they are socially and environmentally responsible.
2
Q
What are the pros and cons of CSR?
A
Pros:
- More loyal customers.
- More motivated workers.
- Increased investment
Cons:
- Businesses may just incorporate CSR to improve their reputation.
- More expensive
- Customers may not care
