GSR 1FM Q.2

He defined Corporate Social Responsibility (CSR) as, ‘‘the obligation of businessmen to pursue those policies, to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society.’’

• Bowen

• McGuire

• Green

• Prethi

Do what is right and avoid harm.

• Economic responsibilities

• Legal responsibilities

• Philanthropic responsibilities

• Ethical responsibilities

The following factors led to the prominence of corporate social responsibility; except:

• Treating customers fairly

• Climate change

• Poor business behavior towards customers

• Ignoring the environment

Considered as the "Father of corporate social responsibility."

• Andrew Carnegie

• Archie Carroll

• Howard Bowen

• John Rockefeller

He defines the generation of sustainable value as the main source of strategic corporate social responsibility.

• Carroll

• Bowen

• Wood

• Chandler

The ambition for a responsible company is to contribute to the following; except:

• economically efficient development
• socially equitable development
• environmentally deficient development
• ensure profitability and economic growth

The following are tips on how to approach home-office as a CSR professional during this time of Covid-19 pandemic; except:

• Re-doing some strategies including new processes to adapt to the way of working.
• Align with the team the best communication strategies.
• Enjoy the moment of pandemic to develop self-awareness.
• Plan online event to talk to the community about your products.

The definition is coded to the dimension if it refers to actions not prescribed by law.

• Environmental dimension
• Voluntariness dimension
• Economic dimension
• Social dimension

This is concerned with an organization recognizing that its actions affect the external environment and therefore assuming responsibility for the effects of its actions.

• Responsibility
• Liability
• Accountability
• Duty

These ground rules include laws and regulations and in effect reflect society’s view of “codified ethics” in that they articulate fundamental notions of fair business practices as established by lawmakers at federal, state and local levels.

• Economic responsibilities
• Legal responsibilities
• Ethical responsibilities
• Philanthropic responsibilities