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.

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2
Q

What are the key areas of concern for the CSR?

A
  • environmental protection

- wellbeing of employees, community and society (present and future)

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3
Q

What are the priorities of CSR?

A
  • improve society
  • code of ethics
  • environmental, economical and social sustainability
  • giving back to the community
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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

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5
Q

What are the consumers’ rights?

A

Right to

  • choose
  • be heard
  • safety
  • be informed
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