Corporate Social Responsibility

Question 1

CSR helps businesses to:

Answer 1

• Compete for and retain top talent
• Produce scalable solutions and data- rich results
• Increase employer brand
• Expand global reach and compete in the global marketplace

Question 2

Forces shaping CSR

Answer 2

Technology
Environmental Concerns
Economic Pressures
Sociopolitical forces

Question 3

Steps to advancing CSR up the maturity curve

Answer 3

Compliance
Integration
Transformation

Question 4

HR Opportunity areas for CSR

Answer 4

Culture Change
Corporate Strategy
Organization Effectiveness
Human Capital Development

Question 5

7 areas effected by “Advancing Sustainability”

Answer 5

Employee Contract
Recruiting
Brand
Engagement
How People Work
Accountability & Measurement
Training and Leadership Development

Question 6

Focus areas of supply chain ethics

Answer 6

Workplace safety
Child labor
Sustainability

Question 7

3P’s

Answer 7

People, Planet, Profits

Question 8

Triple Bottom Line Factors

Answer 8

performance measurement of an organization pursuing a strategy of CSR or sustainability
Economic
Environmental
Social

Question 9

Social Audit Areas

Answer 9

Ethics
Staffing
Environment
Human Rights
Community
Society
Compliance

Question 10

Ways to create shared value (CSV)

Answer 10

Reconceiving products and markets
Redefining productivity in the value chain
Enabling local cluster development

Question 11

Strategic benefits to CSR

Answer 11

Improving the organization’s ability to attract and retain top talent.

Enhancing innovation and new product development capabilities through pursuing sustainability sweet spots.

Cutting costs on operations, transportation, and energy use.

Increasing brand image value by being presented to the public as an ethical and sustainable organization.

Reducing sanctions through improved compliance measures.