Corporate Social Responsibility Flashcards
1
Q
What does CSR mean?
A
The duties of a business towards its stakeholders and the environment.
2
Q
Examples of CSR relating to employees
A
Fair pay, safe working conditions and meeting all other legal obligations.
3
Q
Examples of CSR relating to Customers
A
Fair prices, high standards of quality, reliability and other aspects of customer care
4
Q
Examples of CSR relating to suppliers
A
Pay fair prices for goods and services
Pay on time if buying goods on credit
5
Q
Examples of CSR relating to shareholders
A
Fair policy on dividends
Effective company management to enhance the value of shares
6
Q
Examples of CSR relating to environment
A
Use renewable sources wherever possible.
Avoid waste of materials and energy.
