managing chapter 6

managements obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.

examines how all stakeholders, not just shareholders, are impacted by business decisions

• strategy
• financial
• customer and product
• governance and stakeholder
• human

an organization is involved in little or no corporate social responsibility initiatives

organizations that may engage in some social initiatives, but for the most part believe that these efforts distract from making a profit.

engage in social initiatives, although social initiatives are not the focus of their existence.

actively engage in social responsibility