Coporate social responsibility Flashcards
What is corporate social responsibility
This is the management of obligations to protect and promote the welfare of all stakeholders
What is corporate social investment
This is the actual resources that are invested in the shareholders
What is the sustainability
This is making a difference for the long term and setting up something that ensures that the project continues
What are the primary social responsibilities towards the company
Owners: Capital contribution which impacts their investments
the employees: the level of interest in the financial performance that impacts their remuneration
suppliers: they want to promote payments they for better cash flow the
consumers: they went to it went good quality and products
the competition: not selling counterfeit goods acting in a manner that will respect to the belonging of a competitor
What is border social responsibility
This is activities aimed at the country as a whole government and local community
What is border social responsibilities as a government
Taxes used to create infrastructure and an environment that stimulates business operations responsibility through the legislation act
What is border social responsibility for the community
Eco-logical control : the impact of game reserve the national parks
sponsorships
creations of infrastructure: private sectors makes the contribution
health and safety
aids
anti drugs
air-pollution
What is the contribution of CSR in South Africa
That inequalities of all past educations
the cycle property
to distich economy year of the parties call true crime and violence aids and HIV epidermic Limited water supply technology advancement and global village phenomenon
What is poverty
This is having little/no money
Name the levels of poverty
Extreme
cold on living under 11.50 per day lack of nutrition medical care education and beige basic human needs
Moderate/subsistence
What are the factors favoring CSR- the pros
Socio-economic problems: solving social problems taking a prude take to stance
expert ties and resources: helping me where you can
government: CF are cues less issues with the government
Goodwill: promotes the image of the company
standard of living: job creation and improving living
Factors against CSR -the cons
Consumers: meeting the needs of the consumer
stakeholders: without ROI/risk
employees: remuneration
What is the king code one
This is the r recommended standards of a contract for directors of a company and emphasize the needs of the responsibility of corporate activities
What is the King Code II
This is the corporate practices and takes the principles into account
What is the principle of transparency
This principle allows those affected by the particular decision or businesses transactions to not only have lesson figures but mechanisms and processes involved