Corporate Social Responsibility

Question 1

Practice of purchasing and using resources wisely by balancing economic, social, and environmental concerns with the goal of securing the interests of the present and future generations

Answer 1

Sustainability

Question 2

System of rules and processes set up by an organization to ensure compliance with local and international laws, accounting rules. Ethical norms, internal codes of conduct, and other standards

Answer 2

Governance

Question 3

Varying ways an organization can create value, looking beyond the traditional profit measures of revenue and expenses; includes philanthropy, volunteerism, community programs, social change, sustainability, governance, employee rights, and safety

Answer 3

CSR

Question 4

A set of behavioral guidelines that an organization expects to be followed to ensure appropriate moral business standards

Answer 4

Ethics

Question 5

Economical, social, and environmental impact metrics used to determine success

Answer 5

Triple bottom line

Question 6

State of being in accordance with all laws, regulations, and other government requirements applicable to where an organization operates

Answer 6

Compliance