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8 Cards in this Set
- Front
- Back
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Corporate Social Responsibility Definition
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The ida that there are minimum obligations that executive/ owners owe to society.
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Triple-Bottom Line
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Profits
People Planet |
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Systems Theory Definition
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Organizations are impacted by & impact their environment understood in relation to other parts
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The other parts of the Systems Theory Definition
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1. Political / Legal Forces
2. Economy 3. Natural Environment 4. Social/ Cultural Forces 5. Technological Forces |
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Purpose of the firm?
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Maximize ROI for shareholders. Create value for society
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Stakeholder defintion
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groups that impact or are impacted by the organization
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Market (primary) Stakeholders
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Shareholders/ Owners
Employees Customers Supply Chain Financial |
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Non-Market Stakeholders
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Media Groups
Community Gov (goes with both) Activist groups (for or against) |
