Essay
Essay WGU C206 (WGUC206)
- Course
- WGU C206 (WGUC206)
- Institution
- Western Governors University
Ethical leadership task 2
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C206 Ethical LeadershipTask 2 6/24/2024 A. Purpose of CSR
The purpose of Corporate Social Responsibility (CSR) is to ensure that an organization
operates sustainably and ethically, adhering to ethical practices and contributing
positively to the society. By committing to CSR, businesses aim to create long term
value for the economy, their own business, and the community. A1. Identify Stakeholders
A primary stakeholder of a company are individuals or groups directly impacted by the
company’s actions. Company’s employees are an example of a primary stakeholder.
Secondary stakeholders are individuals or groups also affected by the company but not
directly involved in its operations. Community is an example of secondary stakeholders. A2. CSR commitment for stakeholders
Paradigm toys can demonstrate their commitment to CSR for employees by
implementing initiatives and practices that prioritizes their development, well-being, and
overall satisfaction. This includes ensuring equal employment opportunities for all
employees, maintaining a safe and healthy workplace, offering career advancement
opportunities, fostering a positive work environment, and providing comprehensive
benefits. Paradigm toys can demonstrate commitment to CSR for society by
implementing initiatives and practices that positively impacts the community. This
includes ensuring product meets rigorous safety and quality standards, adopting
ecofriendly practices such as using renewable materials and reducing waste, and
supporting local communities through charity events and partnership with nonprofit
organizations that assist underprivileged children and families.
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