CSR & CSA Flashcards
(4 cards)
1
Q
2 views on why firms exist
A
Business view
Societal view
2
Q
CSR is a commitment to which stakeholders
A
Economy
Society
Environment
3
Q
Reasons for firms practicing CSR
A
Government legislation
Cost incentives
Competitive advantage
Growing environmentalism
Desires to improve stakeholder well-being
4
Q
Difference between CSR and CSA
A
CSR: focal issue is widely favoured
CSA: focal issue derive divergent views
