Corporate social responsibility
What Corporate social responsibility means in Business A-Level, as defined for AQA.
Definition of Corporate social responsibility
Check what you remember
Read the wording for your board, then hide it and explain Corporate social responsibility in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Accepting duties to stakeholders beyond what the law and the owners' return require, appearing as a cost now against a benefit later.
Topics that use Corporate social responsibility
- Strategic decision making (A-level only) (AQA A-Level)
Related terms
- Automation and the cost structure
- Extrapolation
- functional objectives
- gearing
- Investment appraisal of new technology
- opportunity cost
- Resistance and its cost to the business
- return on capital employed
Using Corporate social responsibility in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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