U3 3I csr in operations Flashcards
define corporate social responsibility
CSR refers to where a business goes above and beyond legal expectations required by regulators.
consider how it practices impact the environment, health and welfare of wider society, ethical concern for workforce.
strengths and limitations of CSR
strengths
- environmental benefits
- employee satisfaction benefits
- society benefits
weaknesses
- time consuming to establish
- sometimes expensive to support non-core activities
define core work / non-core work
core work are activities that directly contribute towards business meeting its objectives and operating smoothly
whereas non-core work are activities not central to business operations
CSR considerations for inputs (operation system)
ways to consider csr for inputs
- sourcing materials & resources that are environmentally sustainable
- ensure inputs do not damage / deplete natural resources
e.g source suppliers that use environemntally sustainable methods
CSR considerations for processes
ways to consider csr for processes
- reduce waste during production
- companies can aim to reduce waste through strategies like forecasting, lean management, jit
e.g Toyota production system uses lean management to reduce waste through production process
CSR considerations for output
ways to consider csr for outputs
- ensure goods and services produced do not cause harm to wider community
e.g eliminating plastic packaging from final product