U1 AOS2/KK11: CSR Flashcards

1
Q

CSR

A

The ethical conduct of a business beyond its legal obligations

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2
Q

CSR - managers/employees examples

A
  • provide work from home options
  • provide flexible work shifts
  • provide childcare facilities
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3
Q

CSR - customer eg

A
  • ethical/green marketing that encourages sustainable purchases
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4
Q

CSR - suppliers eg

A
  • provide reasonable delivery schedules
  • fair payment
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5
Q

CSR - general com

A
  • sponsoring
  • reduce/recycle waste
  • use renewable sources
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6
Q

CSR advantages

A
  • improve reputation
  • increase employee satisfaction
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7
Q

CSR disadvantages

A
  • can increase costs
  • can be time consuming
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