GSR EXAM

An alternative term for corporate social responsibility implies that the organization is

run withan awareness of its obligations to society

• corporate conscience

• overall approach

• Corporate social responsibilty

Corporate social responsibility encompasses the responsibilities that businesses have

to the societies within which these businesses operate

• Modern Social Contract Approach

• Social Contract Approach:

• Social Responsibility

depends on society for its existence and continued growth, there's an obligation to meet the demands of that society rather than just the demands of a targeted group of customers.

• Social Responsibility

• Modern Social Contract Approach

• Social Contract Approach

The perspective that a corporation has an obligation to society over and above the expectations of the shareholders

• Corporate Conscience

• Corporate Social Responsibility

• Social Contract Responsibility

Organizations pursue a clearly defined sense of social conscience in managing their financial responsibilities to shareholders, Their legal Responsibilities to their local community as a whole and their ethical responsibilities to do the right thing.

• Ethical CSR

• Altruistic CSR

• Strategic CSR

greater risk of being perceived as self-serving behavior on the part of the organization. - philanthropic activities are targeted toward programs that will generate the most positive publicity or goodwill for the organization.

• Altruistic CSR

• Strategic CSR

• Ethical CSR

Although firms have an overall guiding commitment to CSR, the level of CSR can and does vary based on individual issues.

• Social Responsibility

• Situational Approach

• Transparency

profitability & helping society thru Philanthropy

• Benevolent CSR

• Ethical CSR

• Legal CSR

profitability and going beyond the law to do what is right, just, and fair

• Benevolent CSR

• Ethical CSR

• Legal CSR

- Maximizing profits while obeying the law

• Benevolent CSR

• Ethical CSR

• Legal CSR