Corporate Social Responsibility in Operations (VCE SSCE Business Management): Flashcards

Ethical & sustainable practices in production processes

Sourcing & purchasing goods/services from external sources

Social, economic & environmental impacts (+ price & quality)

Inputs, process/transformation, outputs

Standard requirements for how a business purchases goods

CSR goes beyond minimum legal requirements

Fit for purpose (safe, quality, ethically produced)

Truthful & non-deceptive campaigns about products

Making misleading environmental claims

Improved efficiency, reduced costs, enhanced reputation