CSR QUESTIONS WITH COMPLETE SOLUTIONS 2025.

CSR QUESTIONS WITH COMPLETE
SOLUTIONS 2025.

Corporate Social Responsibility - ANSWER: also called
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corporate conscience, vv vv



corporate citizenship, vv vv



social performance, or
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sustainable responsible business vv vv




Corporate Social Responsibility - ANSWER: a built-in, self-regulating mechanism
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whereby a business monitors and ensures its active compliance with the law, ethics,
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and international norms and also engages in "actions for social good, beyond the
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interests of the firm and that which is required by law.
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Corporate Social Responsibility - ANSWER: is a process of business organization with
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the aim to embrace responsibility for the company's actions and encourage a positive
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impact through its activities on the environment, consumers, employees, communities,
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and other stake holders.
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CSR as value creation.
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CSR as risk management.
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CSR as corporate philanthropy - ANSWER: CSR Approaches
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CSR as value creation - ANSWER: integrates business into community, creating
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shared value (CSV)-business and social welfare are interdependent
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CSR as risk management - ANSWER: refers to compliance with regulations and
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mitigates operational impact
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CSR as corporate philanthropy - ANSWER: providing funding and monetary donations
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Social accounting - ANSWER: a concept of communicating social and environmental
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effects of a company's economic actions to particular interest groups within society
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and to society at large.
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Social license - ANSWER: refers to a local community's acceptance or approval of a
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company's project or ongoing presence in an area.
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Triple bottom line theory - ANSWER: is an accounting framework with three parts:
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social, environmental (or ecological) and financial.
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