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Business Studies Year 13 revision Day 8 - Corporate Social Responsibility

Business Studies Year 13 revision Day 8 - Corporate Social Responsibility

On day 8 of the Year 13 Recap we review the topic of corporate social responsibility (CSR) and why it matters for a business.

All private sector organisations are in this game for one reason and that is to make a profit. However, businesses also need to respect the fact that they have several different social responsibilities.

These responsibilities often relate to the wider stakeholders of a business such as the treatment of customers, environment and legal responsibilities and overall business conduct. You can use Carroll’s CSR pyramid to identify, analyse and evaluate the responsibilities that a business has. 

Here Jacob takes you through the revision slide on Carroll’s CSR Pyramid:

 

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Tuesday, 23 April 2019
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