What Is Corporate Social Responsibility? Ethics in Business Explained
📚 Try a practice test on Corporate Social Responsibility (CSR) with Quizlet: http://bit.ly/3IWeyQi
Can a business make money and make a difference?
In this lesson, you'll explore Corporate Social Responsibility (CSR)—what it means, why companies adopt it, and how it affects you, the consumer. We'll break down:
🌱 Environmental responsibility (like cutting waste or going green)
🤝 Ethical practices (fair labor, safe workplaces)
💸 Philanthropy (charity, community outreach)
📈 Economic responsibility (ethical long-term profit strategies)
We’ll also cover:
The two main theories of CSR
Arguments for and against adopting CSR policies
How to spot “greenwashing” vs. real corporate action
Why brands like Patagonia and Ben & Jerry’s lead by example
Whether you're studying business ethics or just want to know how your buying choices impact the world—this is the crash course you need.