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Assignment on Corporate social Responsibility PDF

   

Added on  2022-08-09

17 Pages974 Words19 Views
CORPORATE SOCIAL
RESPONSIBILITY

INTRODUCTION
Corporate social responsibility refer to the-
Continuing commitment of business to behave
ethically and contribute to the economic
development while improving the quality of life of
the workforce and their families as well as local
community and the society at large.”

W H AT I S C O R P O R AT E
S O C I A L R E S P O N S I B I L I T Y
Corporate social responsibility includes-
A self-regulation model of
business
Accountability of business
towards the society and other
stakeholders
Making use of practices that
are ethically oriented
(Golob et al., 2019).

C A R R O L S M O D E L O F
C O R P O R AT E S O C I A L
R E S P O N S I B I L I T Y
According to Carrols CSR pyramid, corporate social responsibility
includes-
Earning profits is the main
objective of business
Then business make sure that they comply
with all the rules and regulations imposed by
government(Carroll, 2016).
Then comes the ethical duties of a
business and finally comes the responsibility of
the business to engage in philanthropic
activities

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