CSR - Corporate Social Responsibility in Operations Flashcards
1
Q
What is CSR in OPs?
A
a company being sustainable and less wasteful
a manager should be socially responsible when perusing business objectives
2
Q
What do OPs managers do to be sustainable?
A
managing suppliers appropriately
managing staff appropriately
managing inputs appropriately
managing customer relationships appropriately
managers must consider sustainable inputs and amount of waste generated
3
Q
Advantages/disadvantages of CSR
A
Advantages- improve business reputation reduce long-term costs improves efficiency saves environment
Disadvantages-
Time and cost consuming
Difficult to source sustainable suppliers
4
Q
What is Environmental Sustainability of Inputs (ESI) ?
A
a business using products/materials that don’t harm the environment and can be sourced in the present and future