UNIT 6- CORPORATE SOCIAL RESPONSABILITY Flashcards
1
Q
Corporate social responsibility
A
- Understanding that the definition of success in a modern business goes far beyond simple financial indicators
- Companies need to reconsider the impact of their actions
- Doing well while doing good
- The triple bottom line
2
Q
The corporate social model performance
A
Responsibilities- Response- Results
3
Q
Stakeholders DEFINITION
A
“All those who affect, or are affected, by the actions of the organization”- Edward Freeman
“An easy way to identify stakeholders is to imagine that your organization disappears overnight, then ask yourself who would be affected.”
4
Q
Stakeholders
A
- Customers
- Owners
- Suppliers
- Employees
- Community
- Environment
- Government
- Competitors
- NGO´s
