Corporate Citizenship

The video explains corporate social responsibility (CSR) as a set of activities and responsibilities that organizations undertake to positively contribute to society. It outlines the stages of corporate citizenship, from elementary to transforming, and highlights the role of international standards in guiding organizations. The stages include carrying out projects, developing policies, innovating, integrating, and transforming CSR efforts into the organization's core operations.

What is the primary goal of corporate social responsibility (CSR)?

• To increase company profits

• To contribute positively to society

• To reduce employee turnover

• To expand market share

Which organization sets standards to help achieve corporate social responsibility?

• International Monetary Fund

• World Trade Organization

• World Health Organization

• International Standards Organization

What characterizes the engagement stage of corporate citizenship?

• Institutionalizing CSR across the organization

• Initiating social responsibility projects

• Developing conscious policies and norms

• Creating unique social initiatives

During which stage do organizations focus on setting themselves apart with unique social responsibility initiatives?

• Elementary stage

• Integrated stage

• Innovation stage

• Engagement stage

What signifies the transforming stage of corporate citizenship?

• Starting social responsibility projects

• Blending CSR into company operations

• Fully institutionalizing CSR across the organization

• Developing conscious policies