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

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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

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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

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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

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