Question

In: Operations Management

A company's CSR and sustainability strategies is NOT characterized by Multiple Choice corporate social agendas that...

A company's CSR and sustainability strategies is NOT characterized by

Multiple Choice

  • corporate social agendas that address generic social issues that may help boost a company's reputation but are unlikely to improve its competitive strength in the marketplace.

  • the strategies and actions of all socially responsible companies that have sameness in the sense of drawing on the same categories of socially responsible behavior, with each company's version of being socially responsible being unique.

  • social responsibility strategies linked to a company's customer value proposition or key value chain activities that may help build competitive advantage.

  • the company's demonstration of an adequate degree of social responsibility or efforts to be a model corporate citizen unless it spends 5 percent (or more) of pretax profits on social responsibility initiatives.

  • cost savings and improved profitability that can be drivers of corporate sustainability strategies.

Solutions

Expert Solution

A company's CSR and sustainability strategies is NOT characterized by

Answer: the company's demonstration of an adequate degree of social responsibility or efforts to be a model corporate citizen unless it spends 5 percent (or more) of pretax profits on social responsibility initiatives.

As described by Arthur Thompson, Margaret Peteraf, John Gamble, A. J. Strickland III, Arun Kumar Jain in their book "Crafting & Executing Strategy : The Quest for Competitive Advantage", all the other option given are characteristics of a company's CSR and sustainability strategies.


Related Solutions

Why is Strategic CSR not a choice for you companies? The book is Strategic Corporate Social...
Why is Strategic CSR not a choice for you companies? The book is Strategic Corporate Social Responsibility CSR chapter#10
Describe corporate social responsibility (CSR). How does crafting CSR impact a company's bottom line? Assuming the...
Describe corporate social responsibility (CSR). How does crafting CSR impact a company's bottom line? Assuming the following from company XYZ's financial statement, calculate the gross profit margins for each year (show your work). What do the gross profit margins tell you about company XYZ? 2015: Sales revenues —- $128,000. cost of goods sold = $82,000. 2014: Sales revenues —— $130,000. Cost of goods sold = $99,000.
You have analysed the Sustainability/Corporate Social Responsibility (CSR) report of 1 of 4 companies: BlueScope Steel;...
You have analysed the Sustainability/Corporate Social Responsibility (CSR) report of 1 of 4 companies: BlueScope Steel; Commonwealth Bank; NRMA Insurance;or Telstra. Thinking about the disclosure in your company’s report in relation to the SDGs, critically analyse it using one example of social and environmental disclosure. How does/does not your company addressthis goal(s) and broader issues? Give examples
Business Ethics, Corporate Social Responsibility and Sustainability Business ethics, corporate social responsibility and sustainability are hot...
Business Ethics, Corporate Social Responsibility and Sustainability Business ethics, corporate social responsibility and sustainability are hot topics in engineering management. Having a grasp of these issues is vital for future leaders of engineering industries in the 21st Century. After conducting a comprehensive review of literature in the context of an engineering sector of your choice, find out what ethics, corporate social responsibility and sustainability (or a subset of these topics) means and what approaches is currently use to lead the...
Why is a company's corporate culture important? Multiple Choice a - Because it represents the integration...
Why is a company's corporate culture important? Multiple Choice a - Because it represents the integration of the strategy and business model that a company has adopted. b - Because it influences the organization's actions and approaches to conducting business. c - Because it guides core values and its internal code of ethics. d - Because it influences the dedication to ethical conduct and accepted work practices. e - Because it codifies formal traditions that company executives are committed to...
What is corporate social responsibility (CSR)? Is the principle of CSR one that is likely to...
What is corporate social responsibility (CSR)? Is the principle of CSR one that is likely to be widely adopted by companies around the world. Is it likely to significantly change corporate behaviour? Will behavioural change benefit the public? In your answer refer to examples of companies debating CSR or implementing practices of CSR.
Assignment 2: Prologue: Sustainability and Corporate Social Responsibility (CSR); Reading pgs. 13-14 of Prologue (Worth 9...
Assignment 2: Prologue: Sustainability and Corporate Social Responsibility (CSR); Reading pgs. 13-14 of Prologue (Worth 9 pts. total) In recent years, there has been an increasing awareness and growing interest in sustainability and social responsibility by both consumers and corporations. Merriam-Webster defines sustainability as the ability of a system to maintain its own viability, endure without giving way, or use resources so they are not depleted or permanently damaged. Or, in other words, it’s the ability of a system to...
On the subject of Corporate Social Responsibility (CSR) (issue is that CSR is better than Firedman's...
On the subject of Corporate Social Responsibility (CSR) (issue is that CSR is better than Firedman's view of CSR and Conscious capitalism) Does CSR issues impact stakeholders in different ways? What might the views of various stakeholders be on the topic? Place the CSR issue within its historical (when) context. What is the history of the position? Has it changed?
In the _____ model of corporate social responsibility (CSR), social goals are brought into the core...
In the _____ model of corporate social responsibility (CSR), social goals are brought into the core of a firm's business model, and economic goals are balanced against social goals. ethics
Select Organizations that promote Corporate social responsibility (CSR) and answer these: •What are the CSR initiatives...
Select Organizations that promote Corporate social responsibility (CSR) and answer these: •What are the CSR initiatives the organizations are taking? •What CSR strategies are they using? •The four dimensions of CSR, how do the CSR strategies connect with them? •What are the benefits? •What are the likely disadvantages or risks to these CSR initiatives •Are the organizations considering other CSR initiatives?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT