It is becoming increasingly important for organisations to engage in practices that are deemed to be socially responsible. A socially responsible organisation is one that concentrates its efforts on sustainability, and also prioritises economic, social, and environmental benefits to the community and to stakeholders. When organisation X started out, it did not have a clear set of standards in place in terms of its interaction with the environment. By-products were an inevitable result of its manufacturing process and widely-publicised environmental contamination presented an issue of serious controversy. After realising that the organisation was losing profits because of bad publicity, X instigated a social responsibility program. Organisation X has cleaned up its act and has since won accolades for its environmentally-friendly manufacturing processes.  True False1. The manufacturing process originally used by organisation X created a negative environmental impact as a matter of course. 2. It is considered paramount that organisations engage in socially responsible practices. 3. The word serious in the passage above could be replaced with the word laudable. 4. Organisation X is now inherently socially responsible.

The carbon footprint of a global corporation became so large that the community protested the factory emissions. The company started recycling and changing the packaging of the products to help the environment. What type of social responsibility does this fall under?A.Socially responsibleB.SocialC.Social obligationsD.Socially responsive

Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers

The three major factors associated with corporate social responsibility areMultiple Choiceusing ethically sourced materials, adding diversity to the workplace, and seeking to break even with profits.maximizing positive societal impact, minimizing negative societal impact, and acting in the organization’s best interest in returning a profit.using ethically sourced materials, adding diversity to the workplace, and seeking to return a profit to the shareholders.maximizing negative societal impact, minimizing positive societal impact, and returning a profit to shareholders.acting ethically, always using environmentally friendly products, and acting in the organization’s best interest in returning a profit.

What is the definition of integrated corporate social responsibility, according to Freeman et al. 2010? Domanda 6Rispostaa.Applying economic models to the study of environmental issues.b.Introducing standards for measuring technological innovation in the business strategy.c.Assessing the negative impact of business activities on the environment.d.Integrating social, ethical and environmental concerns into the management criteria for corporate strategy

How can organizations promote corporate social responsibility?*a. Address community needs and concerns for business gainb. Implement fair labor practices and supply chain ethicsc. Increase transparency about other organizational actionsd. Decrease unethical practices for short-term gains