final Flashcards
(92 cards)
___ today influence companies and public authorities
citizens
in the past, businesses were more worried most about ____
profit
more concerned with social welfare and environmental protection and sustainability
new business paradigm
_____ not ___ are the driving force
consumers
governments
almost standard that investors want ____ ____ or something similar
leed certifications
theres many hotels that don’t comply with what?
the simplest of sustainability measures
_____ is a relatively new concept added to world of business
Corporate Social Responsbility
what is viewed as yardstick for ethical standards of business?
CSR
In the past, social dimensions were neglected and business only focused on what?
environmental strategies
CSR is concerned with a ____ obligations to be accountable
companies
Trends that effect business in general: \_\_\_\_ of markets \_\_\_\_\_ of supply chains \_\_\_\_\_\_ competition \_\_\_\_\_\_ changes \_\_\_\_\_\_\_ challenges
globalization globalization intense demographics environmental
____ _____ must rank among highest priorities within the hospitality industry
environmental protection
16 environmental management concepts under business charter of sustainable development
International Chamber of Commerce
ICC: Policies programs and practices for performing operations in a environmentally sound manner
Corporate Priority
ICC: Educate, train, and motivate employees to conduct their job in an environmental responsible manner
Employee Education
ICC: Advice and educate customers and other regarding safe overall use/disposal of products
Customer Advice
each company should have own what? and are usually measured against what?
Environmental Management System
industry standards or codes of practice
business in todays world not only makes a ____ but should be accountable to what two things?
profit
stakeholders and contributing to a better world
local community should what?
benefit from the presence of the business
governments determine ____ and ____ that business must follow
laws
regulations
organization that is run by employees that deals with wages, benefits, and working hours
Unions
maintain or improve conditions of employment
most common purpose of unions
____ _____ partnerships are encouraged
cross sector
known as business ethics and corporate citizenship and corporate accountability
CSR