Tag CSR (Corporate Social Responsibility)
Find all articles related to Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI) in this category. Save notes and download flash cards with exam practice questions on CSR and CSI.
Definition of Socio-Economic Issues Socio-economic issues are problems that result from certain aspects in society and the economy. They have a negative influence on both communities and businesses. In South Africa, contemporary socio-economic issues include HIV/AIDS, poverty and unemployment. Businesses… Continue Reading →
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 →
