caroll

Cards (9)

  • carroll's CSR pyramid
    *outlines possible aspects of social responsibilities for a business
    *involves the conduct of a business so that it's economically profitable, law abiding, ethical and socially supportive
    *used to analyse business decisions and assess whether they're made out of necessity or in voluntary capacity
  • economic
    *to be profitable (survival)
    *necessity
    *foundation for other responsibilities
  • economic - activities
    providing rewards to owners, paying employees fairly, selling products at fair price to consumers
  • legal
    *to obey laws and regulations
    *necessity
  • legal - activities
    *following: patents/copyrights, consumer laws, employment laws, environmental laws
  • ethical
    *to do the 'right' thing and avoid harm
  • ethical - activities
    *consider communities
    *avoid price gauging
    *fair trade
    *avoid 'overuse' of zero hour contracts
  • philanthropic
    *to be good corporate citizen and contribute resources to improve lives
  • philanthropic - activities
    *try to help society: improving quality of employee's working life, education, healthcare, volunteer work