Corporate Social Responsibility Exam Questions & Answers (RATED A

Corporate social responsibility (CSR) -ANSWER the social responsibility of business to encompass the economic, legal, ethical, and philanthropic expectations that society has of organizations at a given point in time. Corporate social responsibility (CSR) -ANSWER requires the individual to consider his acts in terms of a whole social system, and holds him responsible for the effects of his acts anywhere in that system Creating Shared Value (CSV) -ANSWER companies generating economic value in a way that product value for society as well The four major responsibilities of a business -ANSWER 1. Economic 2. Legal 3. Ethical 4. Philanthropic create a foundation that helps to delineate and frame businesses' responsibilities to society -ANSWER What the four major responsibilities do Economic responsibility -ANSWER the responsibility