Corporate Social Responsibility

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What are the benefits of CSR?

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increases innovation

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What's the definition of CSR?

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Its a business responsibility towards society

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Who are the stakeholders included in CSR? Employees, Customers, Suppliers, all of the above

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all of the above

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Sustainable business practice means: Assessing how present business practice affects the future, Involving employees in decision making, Considering the benefits of stakeholder over shareholder practices, Developing BBBEE policies

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Assessing how present business practice affects the future

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Corporate Social Responsibility is

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managing a business in such a way that the broader community, including employees, customers, suppliers and the environment, is taken into consideration when making business decisions.

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Which of the following is NOT a benefit of a business being socially responsible? Increased sales, Higher staff morale, Higher staff turnover, Better relationships with stakeholders

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Higher staff turnover

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It refers to a business’s aim to actively make the world and society a better place.

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Philanthropic Responsibility

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It refers to the belief that organizations should behave in as environmentally friendly a way as possible

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Environmental Responsibility

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Securing that the purchasing product is not from slavery or child labor is what responsibility?

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Ethical Responsibility

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It's goal is not simply maximizing profits, but positively impact the environment, people, and society.

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Economic Responsibility