CSI and CSR

Question 1

Meaning of social responsibility

Answer 1

*A viewpoint which states people have an obligation to benefit Society
* the responsibility of a citizen to contribute to the well-being of the community

Question 2

Ways in which the business project can contribute to the community

Answer 2

*Involvement in the community education and other programs
*training people in the community especially the unemployed

Question 3

Meaning of CSR and CSI

Answer 3

CSR
*the continuing commitment by business to behave ethically and contribution to the economy
CSI
*when the business money and Resources to a specific project that will improve lives

Question 4

Purpose of CSR

Answer 4

*Aims at creating safe working environment for employees
*business seek to promote public interest and Away With harmful practices

Question 5

Purpose of CSI

Answer 5

*Project play a positive role in the development of community
* reveals a business attribute towards the community in which it operates

Question 6

Impacts of CSI and CSR on communities

Answer 6

*Promotes customer loyalty resulting in more sales projects
* promote teamwork within the business
* it is difficult to calculate the effectiveness of the investment

Question 7

Components of CSR

Answer 7

*Environment
*human and safety
* community