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

11 Terms

Created by: SharfuddinR

Number of Blossarys: 11

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Hazard Analysis & Critical Control Point or HACCP is a systematic preventative approach for Food & Phermaceutical safety that addresses physical, chemical and biological hazards rather rather than finished products inspection.The system is used by the U.S. Food and Drug Administration and the Department of Agriculture. HACCP keeps in practice seven principles ; - Conduct a hazard analysis. - Identify Critical control points. - Establish Critical limits for each & every Control points. - Worked out corrective actions. - Introduce & maintain record keeping procedures. - Monitoring procedures for ensuring the HACCP system is working as planed.

Domain: Business administration; Category: Business management

Punt de Control de riscos anàlisi crítica & o HACCP és un enfocament preventiu sistemàtic per a la seguretat alimentària & Phermaceutical que dirigeix perills físics, químics i biològics més aviat en lloc d'inspecció de productes d'acabat.El sistema s'utilitza la U.S. Food, Drug Administration i Departament d'agricultura. APPCC manté en set principis pràctica; -Conducta una Análisi. -Identificar els punts de control crítics. -Establir límits crítics per a cada & cada punts de Control. -Va treballar accions correctores. -Introduir & mantenir registres procediments. -Seguiment procediments per garantir el sistema HACCP està funcionant com planejat.

Domain: Business administration; Category: Business management

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