Business ethics & CSR Flashcards
1
Q
Describe Corporate Social Responsibility.
A
It promotes a vision of business accountability to a wide range of stakeholders. It implies an effort to improve society even in the absence of regulations.
2
Q
What are the key areas of concern for the CSR?
A
- environmental protection
- wellbeing of employees, community and society (present and future)
3
Q
What are the priorities of CSR?
A
- improve society
- code of ethics
- environmental, economical and social sustainability
- giving back to the community
4
Q
What are the promises of CSR to stakeholders?
A
Employees: equal opportunities, healthy, safe and motivating work culture
Community: giving back to the society
Env: reduce, reuse and recycle
Business practices: fair and transparent, commited, creditable
5
Q
What are the consumers’ rights?
A
Right to
- choose
- be heard
- safety
- be informed