Corporate Social Responsability

Question 1

Define corporate social responsibility

Answer 1

Corporate social responsibility is being seen as a business that cares about the environment and local community and knows the responsibilities seeks past the profits

Question 2

Define sustainability

Answer 2

Sustainability is the endurance of resources. Preventing negative impacts of economic systems and production on the earth and its environments

Question 3

Name 2 issues with sustainability

Answer 3

1. Hire costs to install sustainable measures
2. Can be accused of being sustainable to gain customers
3. Short term inefficiency to train staff
4. Do customers really care?

Question 4

Name 2 benefits of being a sustainable business

Answer 4

1. Better choice of employees
2. Larger customer basis
3. Motivates staff
4. Better reputation
5. Could potentially increase market share