Learning Activity #1: Economics Corporate Social Responsibility (CSR)

Some organizations seem to be interested only in profit. However, there are many corporations who see societal well-being and making a profit as equally important.

NOTE: Corporate Social Responsibility (CSR) is about the social responsibility of corporations to its various stakeholders. It is not about the stakeholder’s responsibility to the corporation. Although you are only responding to two aspects of CSR, students are responsible for learning about CSR to all stakeholders.

Task: a. Define CSR according to the text. b. Define CSR using an external source. c. Explain how corporations are responsible to their stakeholders as shown below: Students whose last names begin with:

A, C, F, J, M, O, P, Q, R, S, V, X, Z: Provide at least three example of CSR to owners and employees.

B, D, E, G, H, I, K L, N, T U, W, Y: Provide at least three example of CSR to customers and the community

Provide support for all responses from the text except for the external source for another definition.

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