HRM 3400 Lecture Notes - Corporate Social Responsibility, Volatile Organic Compound, Cubic Mile
Document Summary
Hrm 3400 winter 2012 anna blake. Lecture 11 corporate social responsibility & the environment mar 26. Csr involves a business identifying its stakeholder groups and incorporating their needs and values within the strategic and day-to-day decision-making process. Business society" is defined by the number of stakeholders to which the organization has a responsibility": multinational oil company global responsibility global impact on environmental conditions, mom and pop grocery store limited social responsibility. Therefore can only use a vague definition. Csr (wikipedia, 2007: a concept that organizations, especially (but not only) corporations, have an obligation to consider the interest of customers, employees, shareholders, communities, and ecological considerations in all aspects of their operations. Stakeholders: employees, suppliers, customers and the communities in which they operated (includes protecting the environment). Any program or activity engaged by a corporation that does not directly bring profit and at the same time creates tangible and intangible benefits for both the recipients and corporation itself.