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Corporate social responsibility consists of which four kinds of responsibilities?

Corporate social responsibility (CSR) consists of which four kinds of responsibilities: a) Economic, ethical, societal, and altruistic b) Economic, legal, ethical, and altruistic c) Fiscal, legal, societal, and philanthropic d) Economic, legal, ethical, and philanthropic


What are the 3 types of corporate social responsibility?

Ethical CSR Altruistic CSR Strategic CSR


Is business ethics the same as corporate ethics?

Business ethics and corporate ethics are related but not identical concepts. Business ethics refers to the moral principles and standards that guide behavior in the business world as a whole, encompassing various types of organizations and industries. Corporate ethics, on the other hand, specifically pertains to the ethical practices and policies within a particular corporation or company. While both aim to promote ethical conduct, corporate ethics is more focused on the internal culture and decision-making processes of individual organizations.


Why are ethics important in business when the aim of business is to maximise shareholder wealth?

§Good ethics should be seen as a driver of profitability rather than a burden on business. §An ethical framework is part of good corporate governance and suggests a well run business. §Investors are reassured about the company's approach to risk management. §Employees will be motivated in the knowledge that they operate in an environment of good ethical corporate behaviour


What are the corporate social responsibilities?

Corporate social responsibilities (CSR) refer to the ethical obligations of businesses to contribute positively to society while conducting their operations. This includes environmental sustainability, fair labor practices, ethical sourcing, and community engagement. Companies are expected to minimize their negative impact on the environment, support local communities, and ensure transparency and accountability in their business practices. Ultimately, CSR aims to balance profit-making with social good, fostering trust and loyalty among consumers and stakeholders.

Related Questions

What are the requirements for ethical communication?

Truthfulness and honesty Integrity fairnes respect responsability


Why should client-related matters only be discussed within the confines of the facility?

Because you have a legal and ethical responsability to respects a clients privacy


What are the three basic types of ethical issues?

systemic issues corporate individual


What has the author Jukka Kilpi written?

Jukka Kilpi has written: 'The ethics of bankruptcy' -- subject(s): Bankruptcy, Corporate debt, Moral and ethical aspects, Moral and ethical aspects of Bankruptcy, Moral and ethical aspects of Corporate debt, Social responsibility of business


Corporate social responsibility consists of which four kinds of responsibilities?

Corporate social responsibility (CSR) consists of which four kinds of responsibilities: a) Economic, ethical, societal, and altruistic b) Economic, legal, ethical, and altruistic c) Fiscal, legal, societal, and philanthropic d) Economic, legal, ethical, and philanthropic


Why is ethical management is important to business?

It is important because ethical management is practically considered by all business leaders as relevant to business survival and corporate reputation.


Some example of corporate social responsibility?

who is responsibility is to monitor ethical behavior in madoff's case


What are the 3 types of corporate social responsibility?

Ethical CSR Altruistic CSR Strategic CSR


Where can one download or stream corporate podcasts?

There are many websites where one can download or stream corporate podcasts. Among them are iTunes, Web-Strategist, Trafcom, Ethical Corp, and Marcomm Store.


What gave rise to increase on corporate governance in recent years?

ethical coduct-honesty in transaction,avoiding conflict of interest


Why do corporate compliance programs have limitations as tools for solving ethical dilemmas?

Compliance programs emphasize on the importance of obeying the rules


Which is ethical uses of organizational email except?

Sending corporate emails, forwarding memos, and communicating company information are all ethical uses of organizational email, except forwarding chain letters or spam.