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Corporate social responsibility
CORPORATE SOCIAL RESPONSIBILITY

Definition: (informal) What an organization does, within the immediate society in which it exists, to influence it (society) for good.
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* All thirteen elements should be in.


1. Purposeful and necessary.
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'VOLUNTARILY COMPULSORY'.


Quote: "Stakeholder engagement is a key part of Corporate Social Responsibility". - Aliko Dangote.
Below the Line
1. Makes average (preferably minimal) profit, if it’s a commercial organization-not an excessive or outrageous financial profit.

2. Pays the right taxes, tariffs, excise duties, etc., as applicable and necessary.

3. Staff are well-taken care of: terms and conditions of service, working environment, bonuses etc. And fulfills their responsibility.
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See perfect CORPORATE GREED.


further below the line


1. Not discriminatory about where to spread largess, when necessary.

2. Does specific good (see definition).

3. Does measurable and/or assessable good.

4. Fulfils responsibility timely, to help achieve the objective(s) efficiently.

5. Attaches no 'impossible' conditions before fulfilling responsibility.

6. Sustains whatever good it does.
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* INCREASE THE EFFORTS !

See perfect SENSE OF RESPONSIBILITY.


much further below the line


1. Friendly to the environment, natural processes etc.

2. Pays attention to research and development within organization.

3. Serves purpose(s). And keeps the promises made !
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ADDS VALUE TO ITS IMMEDIATE OPERATING ENVIRONMENT.

See perfect RESPONSIBILITY (6).


Quote: "Corporate social responsibility is a hard-edged business decision. Not because it is a nice thing do or because people are forcing us to do it... because it is good for our business". - Niall Fitzgerald.

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