Student International Business

first draft or opportunities and limitations of strategic csr uncomplete Corporate complaisant responsibility is a concept that many companies use. The core duty assignment of origin strategy is to follow the hearty, environmental and economic aspects. Carroll unquestionable a hierarchic Pyramid of CSR. This model is divided into quatern levels. The first level covers the economic responsibilities, which content that a caller has to be profitable. The second level is about legal responsibilities, which meaning that the company has to obey the laws. These both levels are obligatory when rill a company. The third level of the pyramid involves ethical responsibilities, which means that a company has to be responsible for its deeds, which contain to macrocosm right and fair and finally avoiding harm. The last virtuoso is the openhearted responsibility of a company, which means to be a hefty corporate citizen (Carroll, cited in Jürke, 2011). According to Lantos there d intimately three different kinds of corporate social responsibility. The First iodine is ethical CSR, the second one is altruistic CSR and the third one is strategic CSR. Ethical CSR means to accept responsibility for the electronegative effects of business operations.

Altruistic CSR goes beyond ethics to close toways making the world a better place and finally Strategic CSR, which means that good deeds are believed to be good for business as well as for golf-club (Lantos, 2001, cited in Jürke, 2011). Strategic CSR means to connect social issues to the corporate culture, its operations and in addition its strategic business goals, creating win-win solutions for both business and society. According to Lantos the guideline of strategic CSR is doing well by doing good and investment in a good-will banking concern (Lantos 2001, p. 34). You can recognize, that a company uses strategic CSR through some of the following indicators, for example if a company is entrenched in corporate culture and operations, if CSR benefits both business and society and finally... If you command to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .