The Ethical Mandate for CSR Is Focused on ________

question 3

Multiple Choice

The ethical mandate for CSR is focused on ________.

• A) A cost benefit analysis of the financial impact. Net loss means the initiative is not strategically serving the organization and they shouldn't engage in CSR. Net gain means the company will benefit financially from engaging in CSR and should proceed with their initiatives
• B) The resulting benefits for the organization and whether it serves a strategic purpose and provides stability and sustainability
• C) Providing evidence that the initiatives benefit the company in at least two ways. For example: installing solar panels to help power the organization shows environmental sustainability and an economic return on their investment by reduced electric costs, which will pay for the panels in a relatively short time
• D) The belief that companies are ethically responsible for their communities and employees. These actions make a contribution to and reflect company values that CSR is their ethical responsibility and is prompted by their values and integrity to be a good steward

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Definitions:

Society

A community of people living together in an ordered community, sharing customs, laws, and organization.

Mandated Boundaries

Limits or restrictions imposed by legal or regulatory authorities that dictate acceptable behavior or activity.

Legal System

The comprehensive set of rules and principles, institutions, and processes established by a government or society to enforce laws, provide justice, and regulate conduct within a country or community.

Conduct

How an individual acts, particularly in a professional or public setting.