Corporate Social Responsibility (Leaving Cert Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
CSR definition
CSR definition
Duty to behave ethically to stakeholders & wider community
4 core principles of CSR
4 core principles of CSR
Honesty, fairness, transparency, environmental awareness
CSR to investors - key duty
CSR to investors - key duty
Honest & transparent relationships, appropriate fund use
CSR to employees - key duties
CSR to employees - key duties
Fair wages, safe conditions, equal treatment, job security
CSR to customers - key duties
CSR to customers - key duties
Quality/value, truthful info, complaints, after-sales support
CSR to government - key duties
CSR to government - key duties
Pay taxes on time, comply with laws, use funding properly
Benefit of CSR implementation
Benefit of CSR implementation
New business opportunities, increased sales & market share
Drawback of CSR implementation
Drawback of CSR implementation
Increased costs for management, resources & compliance
Business Working Responsibly Mark
Business Working Responsibly Mark
Ireland's only independently audited CSR standard
Greenwashing meaning
Greenwashing meaning
Marketing as eco-friendly without implementing real practices