Home > Blossary: Corporate Social Responsibility CSR
Every business is usually meant for making business, i.e. making profit. Every business has too a duty to its community, whether it is to the workers by being a good employer, to the surrounding environment by causing harm as little as possible or to the share holders by delivering a reasonable return on investments, in all delivering the best to the stakeholders. Stakeholders are individuals or groups directly or indirectly affected by the Corporate culture, as well as those who may have interests in a corporate body or business or the ability to change its activities positively or negatively, such as : Business owners - Environmental activists - Governments - Trade Unions – Factory Workers – Raw Material suppliers – Point of Sale [POS] Customers. A company cannot thrive, grow without engaging its community, which includes its suppliers, its customers, its shareholders and members of the general public. The CSR shouldn’t be confused with Corporate philanthropy [loving mankind] like donating cash, foods, clothes to the have-nots, flood survivors or any disaster survivors. CSR is an umbrella concept covering various participating concepts, like Organisational Governance, Social Compliance, Social Responsibility, Corporate Philanthrophy, which include fields like Working conditions, Human Resources Management, Product Quality, Ethical Financing, Environmental protection, Community Welfare, Education & Health care, Donations to Good causes. There are some International Organisations and Programs providing and certifying CSR standards around the globe.

Category: Business

11 Terms

Created by: SharfuddinR

Number of Blossarys: 11

My Terms
Collected Terms

OHSAS stands for Ocupational Health & Safety Advisory Services.OHSAS 18001 (officially 'BS OHSAS 18001:2007') As ISO [International Organisation for Standards ]did not develop a health & safety management system, it was the British Standards Institute BSI who developed OHSAS 18000 in cooperation with ISO and international certification bodies.OHSAS 18001 (officially 'BS OHSAS 18001:2007')occupational health and safety management systems help all kinds of organizations put in place demonstrably sound occupational health and safety performance.

Domain: Business administration; Category: Business management

OHSAS representa para la salud ocupacional y seguridad Consultiva Services.OHSAS 18001 (oficialmente ' BS OHSAS 18001: 2007 ') como ISO [ organización internacional de estándares ] no desarrolló un sistema de gestión de salud y seguridad, fue el British Standards Institute BSI que desarrolló OHSAS 18000 en cooperación con ISO y organismos de certificación internacional.OHSAS 18001 (oficialmente ' BS OHSAS 18001: 2007 ') ocupacional seguridad y salud Administración sistemas para ayudar a todo tipo de organizaciones a cabo demostrable sano desempeño de seguridad y salud ocupacional.

Domain: Business administration; Category: Business management

Member comments


( You can type up to 200 characters )

Post  
My other Blossarys

Protecting our planet from pollution is the talk ...

Category: Science

By: SharfuddinR

As 2014 football world cup is on lets know some ...

Category: Sports

By: SharfuddinR

Vision , visualizing or seeing is an act of eye ...

Category: Science

By: SharfuddinR

Vision , visualizing or seeing is an act of eye ...

Category: Science

By: SharfuddinR