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?