CSR (Corporate Social Responsibility) is a sub-topic of Business Role, which is one of the four main topics of the FET Phase, Business Studies Curriculum in South Africa.
In this category, you will find all of the posts that are related to CSR, Corporate Citizenship, and Sustainability in business.
Grade 10 introduces the concept of Corporate Social Responsibility, in Term 2. This is done through the topics of Contemporary
Socioeconomic Issues and Social Responsibility.
In Grade 11, Term 3, we look at Citizenship, which is related to the topic. Then, Grade 12, Term 2, gets more specific. It explores ideas like CSR, Social Responsibility, Corporate Citizenship, and Corporate Social Investment (CSI).
Click here for the Definitions of CSR, Social Responsibility and Corporate Citizenship.
Click here to read the Differences Between Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI).
As corporate citizens, companies have a responsibility towards society. They are expected to conduct their operations in ethical and moral ways. Corporate Social Responsibility (CSR) is the framework that is used to measure and enforce this. To achieve social responsibility,… Continue Reading →
In this lesson, we look at the benefits of CSI to the community. Corporate Social Responsibility (CSR) is the way in which businesses operate responsibly and ethically. They use their physical, financial, and human resources to positively impact their entire… Continue Reading →
Definition of Corporate Social Responsibility Corporate Social Responsibility (CSR) is not a once-off project. Instead, it is an ethical approach that guides all the company’s decisions. It is a long-term commitment by the business, to manage its processes in a… Continue Reading →
What are the possible disadvantages of CSI to a business? We focus the question on (Corporate Social Investment) CSI because that is area of Corporate Social Responsibility (CSR) that usually poses the greatest threat to a business. This is because… Continue Reading →
Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI) are closely connected. CSI is a part of CSR, and they both promote responsible business. That is why, when it comes to their advantages to businesses, there is hardly a difference… Continue Reading →
In the previous post, “What is a Stakeholder?” we defined the term ‘Stakeholder’ and differentiated it from ‘Shareholder’. Now, we are going to look at 6 common examples of stakeholders that are found in business. We will look at 3… Continue Reading →
Definition of Stakeholder What is a stakeholder? In business, a stakeholder is any individual, group or organisation that is influenced by (or influences) an organisation’s actions. They have an interest in the organisation and its performance. They can be within… Continue Reading →
In an exam, you might be asked to name FOUR or FIVE components of Corporate Social Responsibility. This is an easy way of getting more marks for yourself. You can simply name any of the components listed below, and you… Continue Reading →
Still confused about the difference between CSI (Corporate Social Investment) and CSR (Corporate Social Responsibility)? Look at these real-world examples of CSI and CSR, from Google and GrandWest; a South African casino and entertainment resort. See if you can identify… Continue Reading →
We are going to define Corporate Social Investment (CSI) and Corporate Social Responsibility (CSR). Then, we will compare the two, so that you clearly understand the difference between CSR and CSI. Definition of Corporate Social Responsibility (CSR) Deloitte describes CSR… Continue Reading →