Corporate Social Responsibility Concepts

The video discusses Corporate Social Responsibility (CSR), emphasizing its importance in addressing global environmental and social issues. It highlights the need for sustainable development and the role of companies in implementing CSR practices. Examples from the pharmaceutical industry illustrate how CSR can be applied. The video also covers the importance of employee care, legal compliance, and reducing environmental impacts. CSR is presented as a performance driver that fosters innovation and cost reduction, encouraging collective participation in sustainable development.

What is one of the main goals of corporate social responsibility?

• To prioritize shareholder interests above all

• To focus solely on technological advancement

• To address global challenges like environmental issues

• To maximize profits at any cost

What is a necessary approach to address global challenges according to CSR?

• A reduction in workforce

• An increase in production rates

• A focus on short-term profits

• A more sustainable developmental approach

How can companies ensure their economic growth benefits all stakeholders?

• By focusing only on customer satisfaction

• By reducing employee benefits

• By ignoring local community needs

• By minimizing environmental impact and benefiting all stakeholders

In the pharmaceutical industry, what is a key aspect of acting responsibly?

• Focusing only on profit margins

• Offering medicines at the highest possible price

• Providing safe and quality medicines to as many people as possible

• Ignoring patient needs

What does being responsible mean for companies in terms of employee care?

• Reducing employee wages

• Ignoring employee feedback

• Focusing only on customer satisfaction

• Ensuring employee safety at work

What is a company's responsibility in terms of legal compliance under CSR?

• To focus only on international laws

• To prioritize profit over compliance

• To comply with various laws and regulations

• To ignore laws and regulations

What is a key factor in reducing the environmental impact of a company's production sites?

• Increasing production rates

• Choosing less polluting modes of transport

• Ignoring environmental regulations

• Focusing solely on cost reduction

What is a benefit of CSR as a performance driver?

• It fosters a sense of purpose among employees

• It reduces employee engagement

• It discourages innovation

• It increases operational costs

How does CSR encourage innovation?

• By reducing employee creativity

• By fostering a competitive work environment

• By focusing solely on traditional methods

• By creating a meaningful project for employees

What is a company's ambition under CSR?

• To focus only on economic growth

• To contribute to an economically efficient, socially equitable, and environmentally sustainable development

• To prioritize shareholder profits

• To ignore environmental concerns