Question
In the modern business environment, the concept of
Corporate Social Responsibility (CSR) has become a significant aspect of corporate governance. This concept is grounded in a theoretical framework that emphasizes the importance of considering the interests and impacts on various parties associated with or affected by a company’s operations. Understanding the foundational theory behind CSR is essential for comprehending how and why companies integrate social, environmental, and ethical concerns into their business processes. The concept of Corporate Social Responsibility (CSR) is based on which of the following theory?Solution
The concept of Corporate Social Responsibility (CSR) is based on the Stakeholder Theory. Edward Freeman defines a stakeholder in an organization as any group or individual who can affect or is affected by the achievement of the organization’s objectives. This includes, but is not limited to, shareholders, customers, employees, suppliers, the community, the environment, and society at large. The Stakeholder Theory underpins CSR by advocating that companies have a responsibility to consider the impacts of their decisions on all these groups, thus integrating social, environmental, and ethical concerns into their business processes beyond their legal obligations.
The second number in the given number-pairs is obtained by performing certain mathematical operation(s) on the first number. The same operation(s) is/ar...
In a code language, 'COUCH' is coded as FLXZK and 'TABLE' is coded as WXEIH. How will 'CHAIR' be coded in the same language?
Which of the following interchange of numbers (not digits) would make the given equation correct?
14 × 4 ÷ 10 + 10 – 20 = 2
If all the letters appearing at the odd number positions in the English alphabet are removed, then what will come at the 9th place in the new alphabet s...
Select the figure that will replace the question mark (?) in the following figure series.
Given below is a statement followed by some conclusions. You have to take the given statement to be true even if it seems to be at variance with the co...
‘Z @ A’ means ‘Z is the son of A’.
‘Z * A’ means ‘Z is the brother of A’.
'Z × A’ means ‘Z is the father of A’.
...C L R T B Q S M A P D I N F J K G Y X
Four of the following five drawn from the above arrangement of letters are alike in a certain way and so fo...
How many triangles are there in the given figure?
Select the correct combination of mathematical signs to sequentially replace the*
signs and to balance the given equation.
12 * 6 * 54 * 6 * 7 = 70