CSR Is a Concept Whereby Organizations Consider the Interest of ________

question 111

Short Answer

CSR is a concept whereby organizations consider the interest of ________ by taking responsibility for the impact of their activities on customers, suppliers, employees, communities, and the environment in all aspects of their operations.

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Definitions:

Bureaucracies

Organizational structures that manage large-scale public and private operations, characterized by a hierarchical arrangement, a division of labor, and a set of formal rules and procedures.

Formal Organization

An organization structured with fixed rules and regulations, clearly defined roles and responsibilities, and a hierarchical authority system.

Reference Group

A group that individuals compare themselves to for the purpose of evaluating their behaviors, attitudes, and norms.

Imagined Community

A concept describing how members of a social group or nation perceive themselves as part of a larger community through shared symbols, languages, and media, despite not knowing all members personally.