Home > Blossary: Corporate Social Responsibility CSR
Every business is usually meant for making business, i.e. making profit. Every business has too a duty to its community, whether it is to the workers by being a good employer, to the surrounding environment by causing harm as little as possible or to the share holders by delivering a reasonable return on investments, in all delivering the best to the stakeholders. Stakeholders are individuals or groups directly or indirectly affected by the Corporate culture, as well as those who may have interests in a corporate body or business or the ability to change its activities positively or negatively, such as : Business owners - Environmental activists - Governments - Trade Unions – Factory Workers – Raw Material suppliers – Point of Sale [POS] Customers. A company cannot thrive, grow without engaging its community, which includes its suppliers, its customers, its shareholders and members of the general public. The CSR shouldn’t be confused with Corporate philanthropy [loving mankind] like donating cash, foods, clothes to the have-nots, flood survivors or any disaster survivors. CSR is an umbrella concept covering various participating concepts, like Organisational Governance, Social Compliance, Social Responsibility, Corporate Philanthrophy, which include fields like Working conditions, Human Resources Management, Product Quality, Ethical Financing, Environmental protection, Community Welfare, Education & Health care, Donations to Good causes. There are some International Organisations and Programs providing and certifying CSR standards around the globe.

Category: Business

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Created by: SharfuddinR

Number of Blossarys: 11

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REACH is the Regulation on Registration, Evaluation, Authorisation and Restriction of Chemicals. It entered into force on 1st June 2007. It streamlines and improves the former legislative framework on chemicals of the European Union (EU). The main aims of REACH are to ensure a high level of protection of human health and the environment from the risks that can be posed by chemicals, the promotion of alternative test methods, the free circulation of substances on the internal market and enhancing competitiveness and innovation.

Domain: Business administration; Category: Business management

يتم الوصول إلى اللائحة الخاصة بالتسجيل، التقييم والتفويض والتقييد للمواد الكيميائية. أنها دخلت حيز التنفيذ في 1 يونيو 2007. أنه يبسط ويحسن الإطار التشريعي السابق على المواد الكيميائية في "الاتحاد الأوروبي" (الاتحاد الأوروبي). هي الأهداف الرئيسية للوصول ضمان مستوى عال من الحماية للصحة البشرية والبيئة من المخاطر التي يمكن أن تشكلها المواد الكيميائية، والنهوض بأساليب الاختبار البديل، التداول الحر للمواد في السوق الداخلية، وتعزيز القدرة على المنافسة والابتكار.

Domain: Business administration; Category: Business management

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