Beruflich Dokumente
Kultur Dokumente
Social Responsibility
1. Planet - environment
2. People- social
3. Profit – financial
Increase in Creativity
1. Employee Relations
The way in which managers treat employees on the job, or the way they treat job applicants
in interviews, can impact the community as a whole.
2. Customer Interaction
The way in which company representatives behave when interacting with customers can
have social impacts, as well.
The law has far-reaching effects on society in general, and the behavior of corporate
employees can have significant impacts on the law itself.
4. External Impacts
Corporations impact a wider range of stakeholders than just employees and customers.
Corporate employees' behaviour at work can impact people who have nothing to do with a
company.
Model of CSR
1. Environmental -it refers to the business impact and practices that benefit on the
environment.
2. Social -involves the relationship between the business and society as whole. This could
involve sourcing fair trade products.
3. Economic -refers to the effect that corporate social responsibility has on the finances of
the company.
4. Stakeholder-the stakeholder are all of the people affected by the company’s actions.
5. Voluntariness -is actions that fall into the Voluntariness dimension are those that you
are not required to do. These actions based in what the company believes is the correct
thing to do.
The business goal of CSR is to encourage the company’s actions toward the positive
impact of consumer, community and employee responsibility.
Take action to voluntarily eliminate production practices that could cause harm for the
public, regardless of whether they are required by law.
Community Development
Philanthropy
is based upon the connection between corporate success and social well-being
Brand enhancement
Market differentiation
Employee satisfaction
ADVANTAGES of CSR
Positive Publicity
DISADVANTAGES
Customer Conviction
Conclusion:
Corporate social responsibility is the heart and soul of modern corporations and it is important
standard for corporate governance. Csr is the pole star for modern corporations in order to
maintain the integrity of moral fabrics both inside and outside the corporation while conducting
social responsible business.