Definitions Flashcards
1
Q
Business
A
lawful commercial activities to earn profit. Also known as an enterprise, agency or a firm, is an entity involved in the provision of goods and services to consumers
2
Q
Stakeholder
A
A group or individual that has a vested interest in the operations of the business.
3
Q
CSR
A
The ongoing commitment of a business to operate in a manner that considers ethical, community and environmental impact. ‘people, planet, profit’ also known as the triple bottom line would form one way to evaluate CSR
4
Q
Shareholder
A
Those that own part of the company
