Workplace: Corporate Social Responsibility

Question 1

State of being in accordance with all national, federal, regional, and/or local laws, regulations, and/or other government authority requirements applicable to the places in which an organization operates.

Answer 1

Compliance

Question 2

Set of behavioral guidelines that an organization expects all of its directors, managers, and employees to follow to ensure appropriate moral and ethical business standards.

Answer 2

Ethics

Question 3

Economic, social, and environmental impact metrics used to determine an organization’s success.

Answer 3

Triple bottom line

Question 4

System of rules and processes set up by an organization to ensure its compliance with local and international laws, accounting rules, ethical norms, internal codes of conduct, and other standards.

Answer 4

Governance

Question 5

Practice of purchasing and using resources wisely by balancing economic, social, and environmental concerns, with the goal of securing the interests of present and future generations.

Answer 5

Sustainability

Question 6

Varying ways an organization can create value, looking beyond traditional profit measures of revenue and expenses; includes such areas as philanthropy, volunteerism, corporate-sponsored community programs, social change, sustainability, corporate governance, employee rights, and workplace safety.

Answer 6

Corporate social responsibility (CSR)

Question 7

• Additional Flashcard

A near-universally accepted guidance document for sustainability reporting. (pg 175)

Answer 7

• Additional Flashcard

Global Reporting Initiative (GRI)

Question 8

• Additional Flashcard

A technique to understand, measure, verify, report on and to improve the social performance of the organization. (pg 175)

Answer 8

• Additional Flashcard

Social audit

Question 9

• Additional Flashcard

Forces which shape Corporate Social Responsibility. (pg 176)

Answer 9

• Additional Flashcard

PESTLE

(P)olitical

(E)conomic

(S)ocial

(T)echnological

(L)egal

(E)nvironmental

Question 10

• Additional Flashcard

These are the three phases of the Corporate Social Responsibility Maturity Curve. (pg 178)

Answer 10

• Additional Flashcard

C.I.T

Compliance, Integration, Transformation

Question 11

• Additional Flashcard

Phase 1 of the CSR maturity curve, a tactical response to regulatory requirements or negative publicity. (pg 178)

Answer 11

• Additional Flashcard

Compliance

Question 12

• Additional Flashcard

Phase 2 of the CSR maturity curve. CSR is integrated into the regular functioning of the business. These organizations have redesigned their products or services and their processes and procedures to be more responsible and sustainable. (pg 179)

Answer 12

• Additional Flashcard

Integration

Question 13

• Additional Flashcard

Phase 3 of the CSR maturity curve. These organizations have redefined themselves, their brand, to reflect a commitment to CSR.

Answer 13

• Additional Flashcard

Transformation

Question 14

• Additional Flashcard

Internationally recognized certification for organizations which meet the detailed measures of social and environmental performance, accountability and transparency (i.e. the transformational level of the maturity curve). (pg 180)

Answer 14

• Additional Flashcard

Benefit Corporation (B Corp)

Question 15

• Additional Flashcard

Part of a CSR strategy which answers the question “Why would a talented person want to work for this organization.” (pg 182)

Answer 15

• Additional Flashcard

Employee Value Proposition (EVP)

Question 16

• Additional Flashcard

The argument that there are fundamental principles that apply across cultures. (pg 188)

Answer 16

• Additional Flashcard

Ethical Universalism

Question 17

• Additional Flashcard

The argument that ethical behavior is determined by local culture, laws and business practices. (pg 188)

Answer 17

• Additional Flashcard

Cultural Relativsim

Question 18

• Additional Flashcard

These are the three focus areas for Supply Chain Ethics. (pg 189)

hint: Nike shoe manufacturer

Answer 18

• Additional Flashcard

Workplace safety;

Child labor;

Sustainability

Question 19

• Additional Flashcard

Also known as the 3 P’s, these are the three spheres of sustainability. (pg 195)

Answer 19

• Additional Flashcard

People (Social)

Planet (Environmental)

Profits (Economic)

(S.E.E.)

Question 20

• Additional Flashcard

The name given to actions which can simultaneously fulfill expectations in all three categories of sustainability. (pg 196)

Answer 20

• Additional Flashcard

Sweet spot

Question 21

• Additional Flashcard

These are the (6) phases of a CSR Strategic Process. (pg 205)

Answer 21

1. Buy-in / Executive Commitment

• Additional Flashcard

B.A.D.I.E.R