what are the six main characteristics of csr?
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(2008) describe the six core characteristics of CSR as followed; (1) voluntary activities that go beyond those prescribed by law, (2) internalizing or managing externalities for example a reduction on pollution, (3) multiple stakeholder orientation and not only focusing on shareholders, (4) alignment of social and ...
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Corporate social responsibility (CSR) refers to the voluntary decision of companies to address social and environmental concerns by contributing to a public good, reducing external costs, and increasing fairness or distributional equity.
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Tesco has involved in UN Global Compact in 2015 and focused on six areas which related to food waste, health, human rights, environment, supplier relationships, and business ethics. According to Argenti , the core success factor for company's CSR strategies is satisfying customers' expectation.
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there are three concepts of social responsibility: (1) profit responsibility, (2) stakeholder responsibility, and (3) societal responsibility. holds that companies have a simple duty: to maximize profits for their owners or stockholders.
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CSR Issues. ... CSR therefore covers a broad spectrum of issues that must be taken into account in business conduct. This includes working conditions, human rights, the environment, preventing corruption, corporate governance, gender equality, occupational integration, consumer interests and taxes.
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['Accountability.', 'Altruism.', 'Compassion/Caring.', 'Excellence.', 'Integrity.', 'Professional Duty.', 'Social Responsibility.']
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['Economic Responsibility.', 'Legal Responsibility.', 'Ethical Responsibility.', 'Philanthropic Responsibility.']
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Corporate social responsibility (CSR) is a term used to describe a company's efforts to improve society in some way. These efforts can range from donating money to nonprofits to implementing environmentally friendly policies in the workplace.
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['Trustworthiness.', 'Integrity in the subject matter.', 'Respect for others.', 'Dignity in conduct.', 'Truthfulness in message.']
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['Not Keeping Promises. If you give a promise ensure you keep it. ... ', 'Poor Customer Service. ... ', 'Transferring From One CSR to Another. ... ', 'Rude Staff. ... ', 'No Omni-channel Customer Service. ... ', 'Not Listening to Customers. ... ', 'Hidden Information and Costs. ... ', 'Low Quality of Products or Services.']
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CSR is an umbrella term that many companies use to describe a variety of activities. To some businesses, CSR can refer to their sustainability efforts (minimizing their environmental footprint), their investment in community initiatives, their employee volunteerism, or the management of their corporate foundations.
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5. Microsoft Corporate Social Responsibility (CSR) • Microsoft Corporate Social Responsibility is guided by the citizenship mission of the company which is “to serve globally the needs of communities and fulfill our responsibilities to the public”.
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['Integrity: Acting with honesty and professionalism, and respecting company policies.', 'Collaboration: Working with colleagues and teams to meet joint goals.', 'Accountability: Taking responsibility for actions and decisions both in team and individual projects.']
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['Caring.', 'Respect.', 'Honesty.', 'Responsibility.', 'Inclusiveness.']
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The Six Pillars of Character are: Trustworthiness, Respect, Responsibility, Fairness, Caring and Citizenship.
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CSR can provide three forms of value to consumers: emotional, social, and functional. Each of these enhances or diminishes the overall value proposition for consumers. Further, value created by one form of CSR can either enhance or diminish other product attributes.
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['Commercial awareness.', 'Decision making.', 'Innovative and original thinking.', 'Problem solving.', 'Prioritisation.', 'Strategic thinking.', 'Working independently.', 'Being able to communicate professionally.']