Business Ethics (incomplete) Flashcards

(4 cards)

1
Q

What is CSR?

A

Corporate social responsibility = Responsibility to their shareholders and stakeholders as well as for the community and environment.

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2
Q

Do businesses have CSR for their employers and employees? If so why?

A

Yes, to keep that happy in order for them to have good time keeping, do a good job, not leaving or being sick.

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3
Q

Why do business also have CSR for their consumers and buyers?

A

To make sure the products you are being are safe, and meeting certain standards. Charging an adequate amount for the product etc.

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4
Q

Provide an example

A

Rana Plaza in Bangladesh

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