CSR Flashcards
what is csr
corporate social reports , documents setting out a business targets for meeting its social obligations and targets.
what does carrols csr pyramid show
A way of setting out the ways in which an organisation can meet its social responsibilities
carrols pyramid in order
philanphtropic - be a good citezen
ethical
legal
economical
Explain Philanthropic effects
Effects on the local society and community, providing community programs to promote community activity
Explain Ethical responsibility
Treat all stakeholders fairly and justly
Act in a socially and environmentally responsible way
Explain Legal responsibility
Obey all employment laws, and contract laws, all business running laws
Explain Economic responsibility
be efficient
be profitable
Be competitive so shareholders are well rewarded