Corporate Social Responsibility (CSR) and Global Citizenship
- Define corporate social responsibility (CSR) in your own words. Once you have defined CSR, conduct research on your favorite Fortune 500 company and determine just how (or if) the company ranks from a CSR perspective. Provide the name of the company and a link to at least one reference from your . Do your findings change the way you will support the company in the future?
- Respond to at least one of your classmates. How do you think the company your classmate selected could improve its CSR? Provide at least one strategy and reason why you chose it.
Answer preview
Corporate social responsibility is termed as an organizational approach which contributes to a maintainable development through delivering environmental, social and economic advantages to the stakeholders. In other words, it is a movement that persuades corporations to be aware of the impact and effect of their business operations to the society which includes their stakeholders and the environment (Bhattacharya, Korschun, Sen and Routledge, 2017). Therefore, corporate social responsibility simply means the initiatives that are taken by a company to evaluate and take responsibility for the effect of the company on social and environmental well-being
(366words)
