Week 10: Interactive activity

Week 10: Interactive activity

10.1 Learning Outcomes:

Upon completion of this week’s activities, you will be able to:

Understand why social responsibility is essential to fundamental business strategy.

Articulate the types of corporate social responsibility.

Evaluate why socially responsible business is good business.

10.2 Action Required:

Watch the short video in the following link and answer the questions that follows:

Doing Good is Good for Business

10.3 Test your Knowledge (Question):

With reference to the CSR pyramid, what are the implications of stopping at a particular pyramid level? For example, would it be all right, if a company took its sole responsibility to be the financial responsibility to its shareholders? Financial responsibility and legal responsibility? Do you agree that CSR is best represented by a pyramid? Why or why not? Can you think of a better way to graphically represent a company’s social responsibility?

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