Asked by Tatiana Khabbaz on Jul 04, 2024
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Discretionary responsibility occurs when an organization voluntarily moves beyond basic economic, legal, and ethical expectations to provide leadership in advancing the well-being of individuals, communities, and society as a whole.
Discretionary Responsibility
The voluntary obligation or duty of an organization to contribute to the welfare of the broader community.
Economic, Legal, Ethical Expectations
Standards and norms guiding behavior in regards to financial operations, adherence to laws, and moral principles in business or personal conduct.
Well-Being
The state of being comfortable, healthy, or happy, reflecting the overall quality of an individual's life.
- Acquire an understanding of the notion of corporate social responsibility and its different components.
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Learning Objectives
- Acquire an understanding of the notion of corporate social responsibility and its different components.
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