What Is Social Responsibility? (Grade 10 NSC Matric Business Studies): Flashcards
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Practise the cards
10 cards from this deck
Definition of social responsibility
Definition of social responsibility
Taking ownership of how actions affect environment & others
Meaning of 'morally'
Meaning of 'morally'
Principles guiding right from wrong behaviour
Meaning of 'ethically'
Meaning of 'ethically'
Acting per established rules & standards for conduct
What is a carbon footprint?
What is a carbon footprint?
CO2 produced by activities of a person or company
Define Corporate Social Responsibility (CSR)
Define Corporate Social Responsibility (CSR)
Business responsibility for impact on society & environment
Purpose of CSR
Purpose of CSR
Give back to community & create positive social value
Goal of CSR
Goal of CSR
Positively impact communities, consumers, employees & environment
Two main principles of social responsibility
Two main principles of social responsibility
Act to benefit society; contribute to community wellbeing
Three common examples of social responsibility
Three common examples of social responsibility
Reducing carbon footprints, charity donations, volunteering
Four factors companies must consider in CSR
Four factors companies must consider in CSR
Human rights, community needs, environment, society wellbeing