Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Stuff > 5. Corporate Social Responsibility > Flashcards

5. Corporate Social Responsibility Flashcards

1
Q

Two core concepts of corporate social responsibility are:
S—
And S— E—

A

Sustainability

Stakeholder Engagement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Sustainability is — that meets the needs of the present without compromising the ability of future generations to meet their own needs

A

Development

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Sustainability is development that meets the needs of the — without compromising the ability of future generations to meet their own needs

A

Present

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Sustainability is development that meets the needs of the present without compromising the ability of — — to meet their own needs

A

Future generations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How does the 3Ps model describe the dimensions of CSR?

A

People
Planet
Profits

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How does the SEE model describe the dimensions of CSR?

A

Social
Environmental
Economic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

By what other name is the SEE model of corporate social responsibility known?

A

The triple bottom line

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How does the ESG model describe the dimensions of corporate social responsibility?

A

Environmental
Social
Governance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What are the three relevant legal phenomena relating to human rights?

A

1948 Universal Declaration of Human Rights
1950 European Convention on Human Rights
1998 Human Rights Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How are the rights in the 1998 Human Rights Act grouped?

A

Absolute rights
Limited rights
Qualified rights

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

With respect to workplace legislation, list five specific issues that organisations need to be aware of.

A 
Diversity and equal opportunities
Bullying and discrimination
Work-life balance
Health and safety
Whistle-blowing
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

When did the UK Bribery Act come into force?

A

2010

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What four offences does the UK Bribery Act 2010 introduce?

A

Bribing another person
Being bribed
Bribery of a foreign public official
Corporate failure to prevent bribery

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are the four sections of the UN Global Compact relating to actions businesses should undertake to fulfil their social responsibilities?

A

Human Rights
Labour
Environment
Anti-corruption

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

According to the Human Rights section of the UN Global Compact, what are the two principles.

A

Businesses should:
Support and respect protection of internationally proclaimed human rights
Make sure not complicit in human rights abuses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

According to the Labour section of the UN Global Compact, what four things should businesses uphold?

A

Freedom of association and right to collective bargaining
Elimination of all forms of forced and compulsory labour
Abolition of child labour
Elimination of discrimination

17
Q

According to the environment section of the UN Global Compact, what three things are businesses asked to do?

A

Support precautionary approach to environmental challenges
Undertake initiatives to promote greater environmental responsibility
Encourage development and diffusion of environmentally friendly technologies

18
Q

What should businesses do according to the Anti-corruption section of the UN Global Compact?

A

Work against corruption in all forms, including extortion and bribery

19
Q

Briefly, what are AccountAbility’s three standards forming a framework for planning and implementing (embedding) CSR?

A

Inclusivity
Materiality
Responsiveness

20
Q

Inclusivity is the — of stakeholders in developing and achieving an accountable and strategic response to sustainability

A

Participation

21
Q

Inclusivity is the participation of stakeholders in — and — and accountable and strategic response to sustainability

A

Developing and achieving

22
Q

Inclusivity is the participation of stakeholders in developing and achieving an — and — response to sustainability

A

Accountable and strategic

23
Q

Inclusivity is the participation of stakeholders in developing and achieving an accountable and strategic response to —

A

Sustainability

24
Q

Materiality entails determining the — and — of an issue to an organisation’s stakeholders

A

Relevance and significance

25
Q

Materiality entails determining the relevance and significance of an issue to an organisation’s —

A

Stakeholders

26
Q

Responsiveness is an organisation’s response to — — that affect its sustainability performance

A

Stakeholder issues

27
Q

Responsiveness is an organisation’s response to stakeholder issues that affect its — —

A

Sustainability performance

28
Q

What are the five macro stages in a strategic approach to embedding CSR?

A
  1. Stakeholder engagement
  2. Values and strategy
  3. Policies
  4. Implementation of values, strategy and policies
  5. Monitoring and reporting
29
Q

List the stages in securing stakeholder engagement

A
  1. Map stakeholders
  2. Profile and prioritise stakeholders
  3. Select engagement methods
  4. Prepare engagement plan
  5. Implement engagement plan
  6. Report on engagement outputs
30
Q

— — — involves considering the ethical, social and environmental performance of companies selected for investment as well as their financial performance

A

Socially responsible investment

31
Q

What are the two main strategies used by institutional investors with respect to socially responsible investing?

A

Screening

Best in sector

32
Q

With respect to socially responsible investment, what does the strategy of Screening involve?

A

Evaluating a company against ESG criteria to determine whether it should be included or excluded from an investment portfolio

33
Q

With respect to socially responsible investment, what does the strategy of Best In Sector involve?

A

Evaluating a company’s ESG performance relative to other companies within its sector

34
Q

Define Corporate Social Responsibility

A

The commitment by business
To contribute to sustainable economic development
Working with employees, their families, the local community and society at large
To improve their quality of life

Stuff (12 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions