which of the following is one of the four types of corporate social responsibility? course hero

What are the types of Corporate Social Responsibility initiatives?

The dimension of social responsibility refers to a business's societal contribution of time, money, and other resources. a) Ethical b) Philanthropic c) Volunteerism d) Strategic. Q.18.A stakeholder orientation includes all of the following activities except: a) generating data about stakeholder groups b) assessing the firm's effects on stakeholder groups c) distributing stakeholder …

What are the 4 types of CSR?

Which of the following is one of the four types of corporate social responsibility? Correct Answer: Philanthropic If a company admits responsibility for a mistake but claims that its actions were the most appropriate and did not violate any laws, what strategy is the company adopting? Correct Answer: Defensive

What is the definition of corporate social responsibility?

The Corporate Social Responsibility (CSR) Model consists of four parts as show below: Economic: Company needs to be profitable. Legal: Company must be following and practicing the legal laws. Ethical: Company must go ahead of what is required by law and influence ethical leadership and management. Philanthropy: Company should give back to the community.

What is corcor Corporate Social Responsibility (CSR)?

Jul 07, 2016 · the U.S. Sentencing Commission annual ethics audit. Which of the following is a common mistake made in implementing an ethics program? Developing materials that do not meet the needs of the average employee One of the most effective methods of ethics training is exercises in resolving ethical dilemmas that relate to actual situations employees may face on …

What are the 4 types of social responsibility?

Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.Environmental Responsibility. ... Ethical Responsibility. ... Philanthropic Responsibility. ... Economic Responsibility.Apr 8, 2021

What are the four components of social responsibility quizlet?

The four components of the pyramid of corporate social responsibility are economic, legal, ethical, and philanthropic responsibilities.

Which type of CSR includes?

Categories of CSREnvironmental responsibility. Environmental responsibility initiatives aim to reduce pollution and greenhouse gas emissions and the sustainable use of natural resources.Human rights responsibility. ... Philanthropic responsibility. ... Economic responsibility.

Which of the following are the CSR models?

According to the model (Figure 1a), four kinds of social responsibilities constitute total CSR: economic (“make profit”), legal (“obey the law”), ethical (“be ethical”), and philanthropic (“be a good corporate citizen”).Feb 28, 2008

What is a corporate social responsibility quizlet?

Corporate social responsibility is the managerial obligation to take action to protect and improve both the welfare of society as a whole and the interest of organizations. a companies obligation exert a positive impact and minimize its negative impact on society.

What is the obligation of corporate social responsibility?

Corporate social responsibility, or CSR, is a corporation's obligation to its stakeholders, which are any groups/people that have a stake or interest in a company's success and products. This includes customers, employees, suppliers, investors and the communities surrounding the business.

What are the four criteria for measuring corporate social performance?

The model indicates that total corporate social responsibility can be subdivided into four primary criteria — economic, legal, ethical and discretionary responsibilities. These four criteria fit together to form the whole of a company's social responsiveness.Jan 5, 2011

What are the four generic strategies of social responsiveness?

Answer: There are four generic strategies of social responsiveness: reaction, defence, accommodation and proaction.Feb 19, 2021

What are the 4 levels in Carroll's global CSR Pyramid?

Carroll's four part definition of CSR was originally stated as follows: “Corporate social responsibility encompasses the economic, legal, ethical, and discretionary (philanthropic) expectations that society has of organizations at a given point in time” (Carroll 1979, 1991).Jul 5, 2016

What is Carroll's four responsibilities of business?

According to Carroll, 'corporate social responsibility involves the conduct of a business so that it is economically profitable, law abiding, ethical and socially supportive'. Carroll produced a pyramid that identifies the different types of obligations that society expects of businesses.Jun 3, 2019

What are the four components of the pyramid of corporate social responsibility?

Understanding the Four Levels of CSRCarroll's pyramid suggests that corporate has to fulfil responsibility at four levels – Economic, Legal, Ethical and Philanthropic. ... The lowest level of the pyramid represents a business's first responsibility, which is to be profitable.More items...•Nov 12, 2019

What is business ethics?

Business ethics refers to: principles and standards that guide behavior in the business environment. "Minimal" responsibility primarily involves: Addressing the compliance concerns of stakeholders to legal and economic matters.

What is employee commitment?

Employee commitment develops from. employees who believe their future is tied to that of the organization and are willing to make personal sacrifices for the organization. An individual who risks their wealth, time, and effort to develop an innovative product or service for a profit is called a(n): Entrepreneur.

What is corporate citizenship?

corporate citizenship. The definition of corporate social responsibility as the actions of an organization that prioritize social benefit over maximizing profits and meeting legal obligations assumes that. the corporation is operating in a competitive environment.

What is Happy Times?

Happy Times (HT) is an alcohol manufacturing brand that deals with several types of alcoholic beverages. HT uses social media for promoting the message of responsible drinking. It sponsors the FreeTaxi program for customers with HT membership on Christmas and New Year's Eve. It has also initiated several community welfare projects ...