session 9 - stakeholder engagement Flashcards
1
Q
what are the three levels pf CSR performance?
A
- instrumental level
- transactional level
- transformative level
2
Q
what is the instrumental level of CSR?
A
- corporations ability to adress customer’s demands
- skills and competencies to deliver high quality products
3
Q
what is the transactional level of CSR?
A
- corporations integrity
- corporations comply with legal and moral rules of the societal context
- transparency and fairness
4
Q
what is the transformational level of CSR?
A
- CSR at the core of business strategies and operations
- transcend self-interest and create value for society
- drive a change in society and in this way contribute to its well being
5
Q
what are four key aspects of mainstream CSR?
A
- corporate philantropy
- stakeholder collaboration
- CSR reporting
- self-regulation