Corporate Social Responsibility

Question 1

CSR (The three P’s)

Answer 1

A company’s commitment to manage the social, environmental, and economic effects of its operations responsibly and in line with public expectations
Planet, Person, Profit

Question 2

6 Different stakeholders

Answer 2

Employees

Customers

Suppliers

Investors

Unions

Government

Question 3

Two levels of responsibility

Answer 3

Primary: Direct stakeholders e.g., employees.

Secondary: Indirect stakeholders e.g., shareholders.