- 8 Marks
CSEG – Nov 2017 – L2 – Q3a – Corporate social responsibility
Explain the stances of corporate social responsibility: Enlightened self-interest and Multiple stakeholder obligations.
Question
Different organizations take different stances on corporate social responsibility (CSR), which will be reflected in how they manage such responsibilities. The stance taken normally reflects the extent of inclusion of stakeholders’ interests.
Required:
Explain each of the following CSR stances:
- Enlightened self-interest
- Multiple stakeholder obligation (8 marks)
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