UNIT 3 Corporate Responsibility Corporate

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UNIT 3 Corporate Responsibility Corporate
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UNIT 3 Corporate Responsibility Corporate Responsibility Business Ethics and Individual Interest Interest based outlook, Impact of Interest on Moral Goals and Moral Principles Utilitarian Views on Business Ethics Enlightened Egoism.

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UNIT 3
Corporate Responsibility<br>
02
Corporate Responsibility
Business Ethics and Individual Interest
Interest based outlook,
Impact of Interest on Moral Goals and Moral Principles
Utilitarian Views on Business Ethics
Enlightened Egoism.<br>
03
"Corporate Social Responsibility (CSR) is a way of ensuring that organisations make strategic decisions in an ethical, sustainable and responsible way. " - University of Edinburgh
Generally, it means showing due interest in the concerns of stakeholders and understanding the impacts of the organisation's activities. It is not an increasingly specialised aspect of management and has in recent years become a necessity, rather than a choice, due to:
Legal changes that have made aspects of CSR compulsory
Increased interest in environmental and ethical issues from consumers and employees.
A convincing business case linking CSR to improved performance
Shareholder pressure on businesses to show that they are operating ethically and sustainably<br>