Strategic Corporate Social Responsibility Sustainable Value Creation 4th Edition By Chandler – Test Bank

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In the field of business management, understanding the concept of Corporate Social Responsibility (CSR) is crucial for creating sustainable value within an organization. The book “Strategic Corporate Social Responsibility: Sustainable Value Creation 4th Edition By Chandler” delves into the importance of CSR as a central aspect of a company’s value-creating objectives. The author, David Chandler, emphasizes the idea of empowered stakeholders and argues that a company’s responsibility lies in creating value that is broadly defined.

Key Points from the Book:
1. Redefining CSR: The book challenges traditional notions of CSR by positioning it as a key driver of value creation for businesses.
2. Empowered Stakeholders: Chandler advocates for a stakeholder approach where the interests of all stakeholders, including employees, customers, communities, and the environment, are considered in decision-making processes.
3. Value-Creating Objectives: The text explores how organizations can enhance their CSR efforts to not only benefit society but also drive long-term business success.

FAQs (Frequently Asked Questions):

Q: What is the ISBN-10 of the book “Strategic Corporate Social Responsibility: Sustainable Value Creation 4th Edition”?
A: The ISBN-10 of the book is 1506310990.

Q: Is there an ISBN-13 for the book?
A: Yes, the ISBN-13 for the book is 978-1506310992.

Q: What sets this edition apart from previous editions?
A: The Fourth Edition delves deeper into why some companies excel in CSR practices and provides insights on how others can enhance their CSR initiatives.

Q: How does the book define the responsibility of a company in terms of CSR?
A: The book argues that a company’s primary responsibility is to create value in a broad sense, encompassing both financial gains and societal impact.

Conclusion:
“Strategic Corporate Social Responsibility: Sustainable Value Creation 4th Edition By Chandler” offers a fresh perspective on CSR, emphasizing its significance in creating sustainable value for businesses. By emphasizing empowered stakeholders and a value-driven approach, the book provides valuable insights for organizations seeking to enhance their CSR efforts and contribute positively to society.

In summary, this book serves as a comprehensive guide for understanding and implementing strategic corporate social responsibility practices that align with the goal of sustainable value creation.

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