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the society becomes stronger and united.

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Who are the beneficiaries of CSR?

The beneficiaries of Corporate Social Responsibility (CSR) include various stakeholders such as the local communities where companies operate, employees who benefit from enhanced working conditions and ethical practices, customers seeking socially responsible products and services, and investors looking for sustainable business practices. Additionally, the environment often gains from initiatives aimed at reducing ecological impact. Ultimately, CSR fosters a positive relationship between businesses and society, promoting long-term sustainability and goodwill.


How can one calculate the marginal social benefit of a particular economic activity?

To calculate the marginal social benefit of an economic activity, you would need to consider the additional benefit to society from producing one more unit of the activity. This can be determined by analyzing the impact on individuals and communities, such as improvements in health, education, or infrastructure. By comparing the costs and benefits of each additional unit produced, you can calculate the marginal social benefit.


What is the meaning of corporate governance?

Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. The board of directors is typically central to corporate governance. Its relationship to the other primary participants, typically shareholders and management, is critical. Additional participants include employees, customers, suppliers, and creditors. The corporate governance framework also depends on the legal, regulatory, institutional and ethical environment of the community. Whereas the 20th century might be viewed as the age of management, the early 21st century is predicted to be more focused on governance. Both terms address control of corporations but governance has always required an examination of underlying purpose and legitimacy. - - James McRitchie, 8/1999 http://corpgov.net/library/definitions.html


Subsidized housing is an example of what?

An in-kind benefit


Meaning of green management in corparate sector?

From the angle of corporate sector, green management definitely related to the environmental policy establishment , which will enhance the corporate environment performance through application of green technology activities over continues basis to benefit both the internal as well as external stake holders. Green management measures such as certified environmental management systems (EMS) or tools like life cycle assessment activities are considered to improve corporate environmental performance directly by mandating companies to introduce environmental goals and management structures as well as programs to achieve them.

Related Questions

Profit maximizers sometimes argue that corporate are adequately controlled by legal rules. explain how the social responsibility advoctes respond to this assertion?

Social responsibility advocates disagree withÊclaims that corporations are adequately controlled by legal rules. They point out how the laws are set up in such a way that corporations have tax loopholes, and that many have set up top management bonus structures in such a way that it harms employees. The corporations which benefit their employees and communities do so because of independent decisions, not because there are laws in place which make them do so.


What are the benefits of acquiring information about corporate bonds?

A person can learn about the attractive yields a corporate bond can bring when obtaining information about corporate bonds. Another benefit of investing in a corporate bond is the diversity that is involved in this type of bond.


What is a benefit corporation?

A benefit corporation is a kind of corporate entity which seeks to have a positive impact on society and environment in addition to making profit.


What is social good theory?

Social good theory proposes that individuals and organizations should prioritize actions that benefit society as a whole, rather than focusing solely on individual interests. It emphasizes the importance of pursuing initiatives that lead to positive impacts on communities and the environment. By promoting altruistic behavior and corporate social responsibility, social good theory aims to create a more equitable and sustainable world.


How do pets benefit children?

Nice pets benefit by giving coziness, warmth, and happiness. It also gives responsibility to the child(ren).


What is the responsibility of the Pension Benefit Guaranty Corporation?

If a company defaults on its retirement benefit obligations to its members or their dependents, the PBGC assumes liability.


How have geogrphic features contributed to regionalism?

Various geographic features are often used by the people near them as a source of identity for their communities. The people in these communities use regionalism to strengthen and benefit their respective communities.


What is your responsibility towards your religion?

Your responsibility towards your religion is mainly to:Follow the religion instructions and rulesPractice good morals as all religions call for good moralsRespect other religions and their followers and cooperate with them for the benefit of your community and for the benefit of humanity


What are the benefits of using a corporate tax lawyer?

The benefit of using a corporate tax lawyer is to help you to reduce your taxes. They have the experience and knowledge to give you advice where and when you should file the taxes.


Where can I find corporate credit online?

INTRUST Corporate Credit Card OnLine. The Online service is provided for free as a benefit of the credit card. Online access is secure and unlimited.


How are having hamsters a benefit?

It teaches you responsibility and many more lessons on owning a pet.


What is the benefit of corporate finance training?

Corporate finance training will help you manage your businesses finances and even maximize your earnings. You'll be better equipped to handle and navigate money in your business.