What are an Organization's Social Responsibilities under CSR?

The video discusses the importance of corporate social responsibility, emphasizing the need for corporations to focus on people, profits, and the planet. It explains corporate philanthropy as a way for organizations to contribute to society using their resources. The video highlights various methods of philanthropy, including staff volunteering, payroll giving schemes, and direct donations. It also covers community involvement, sustainable practices, and the importance of selecting suppliers with shared philanthropic goals.

What are the three main focuses of corporate social responsibility as mentioned in the video?

• Products, Prices, and Promotion

• People, Profits, and Planets

• Profits, Power, and Politics

• People, Processes, and Policies

How can staff volunteering benefit an organization?

• By increasing the workload

• By enhancing staff skills and attitudes

• By decreasing productivity

• By reducing the number of employees

What is one way organizations can support their staff's philanthropic efforts?

• By reducing their salaries

• By providing no support

• By offering paid time off for volunteering

• By limiting their working hours

Which of the following is a way organizations can contribute to society beyond staff volunteering?

• By ignoring community needs

• By investing in local community infrastructure

• By focusing solely on profits

• By reducing community engagement

Why is it important for organizations to select suppliers based on shared philanthropic objectives?

• To increase competition

• To reduce costs

• To avoid partnerships

• To align with their CSR goals