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

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.