The corporate belief that a company needs to be responsible for its actions

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The corporate belief that a company needs to be responsible for its actions – socially, ethically, and environmentally. corporate social responsibility Definition A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates . Companies express this citizenship (1) through their waste and pollution reduction processes , (2) by contributing educational and social programs , and (3) by earning adequate returns on the employed resources . See also corporate citizenship. ge·o·ec·o·nom·ics also ge·o-ec·o·nom·ics 1. The study of the relationship between politics and economics, especially on an international scale. 2. A governmental policy employing geoeconomics. 3. A combination of international economic and political factors relating to or influencing a nation or region. socio-economic class - people having the same social, economic, or educational status; "the working class"; "an emerging professional class" Socioeconomics (also known as socio-economics or social economics ) is the social science that studies how economic activity affects social processes. In general it analyzes how societies progress , stagnate , or regress because of their local or regional economy , or the global economy . Economic geography is the study of the location, distribution and spatial organization of economic activities across the world. It represents a traditional subfield of the discipline of geography . However, in recent decades, many economists have also approached the field in ways more typical of the discipline of economics . [1]

Transcript of The corporate belief that a company needs to be responsible for its actions

Page 1: The corporate belief that a company needs to be responsible for its actions

The corporate belief that a company needs to be responsible for its actions – socially, ethically, and environmentally.

corporate social responsibility  

Definition

A company’s sense of responsibility towards the community and environment (both

ecological and social) in which it operates. Companies express this citizenship (1)

through their waste and pollution reduction processes, (2) by contributing

educational and social programs, and (3) by earning adequate returns on

the employed resources. See also corporate citizenship.

ge·o·ec·o·nom·ics also ge·o-ec·o·nom·ics 1. The study of the relationship between politics and economics, especially on an international scale.2. A governmental policy employing geoeconomics.3. A combination of international economic and political factors relating to or influencing a nation or region.

socio-economic class - people having the same social, economic, or educational status; "the working class"; "an emerging professional class"

Socioeconomics (also known as socio-economics or social economics) is the social science that studies how economic activity affects social processes. In general it analyzes how societies progress, stagnate, or regress because of their local or regional economy, or the global economy.

Economic geography is the study of the location, distribution and spatial organization of economic activities across the world. It represents a traditional subfield of the discipline of geography. However, in recent decades, many economists have also approached the field in ways more typical of the discipline of economics.[1]