corporate social responsibility Flashcards
1
Q
definition of CSR
A
refers to the actions taken by a business that go above and beyond its legal requirements
2
Q
what 3 groups does CSR benefit
A
community
employees
environment
3
Q
advantages of CSR
A
enhances organisations reputation
free publicity can be gained
influences view on products
4
Q
disadvantages of CSR
A
expensive costs and expenses
time and resources spent on non legal requirements
5
Q
CSR: operations
A
renewable or resource able products
ethical suppliers
reduce landfill
6
Q
CSR: Human Resources
A
offering staff benefits ( gym discounts, company car)
paying above minimum wage
offering improvement on skills
allow flexible working
7
Q
CSR: sales and marketing
A
informative and honest
sustainable packaging
