How does strategic CSR seek evolution of the current economic model?
A)It seeks to reform the current system so that value is created broadly by integrating a CSR perspective into firm strategy and throughout operations.
B)It seeks to create a new economic system that does not have the flaws of the current model.
C)It seeks a piecemeal fix of the current economic model by addressing small issues over a longer period of time.
D)It seeks to develop the current system through government regulation of firm practices.

Question

Quizplus · Accepted Answer

Strategic CSR seeks to reform the current economic model by integrating a CSR perspective into firm strategy and throughout operations. This means that firms will aim to create value not only for their shareholders but also for other stakeholders such as employees, customers, and the community in which they operate. By doing so, it is hoped that the current economic model which prioritizes profit over all else can be evolved to one that is more inclusive and sustainable.

How Does Strategic CSR Seek Evolution of the Current Economic