Running head: DISCUSSION BOARD | FORUM 2 1 Discussion Board | Forum 2 Liberty University BMAL 560 – Corporate Responsibility
DISCUSSION BOARD | FORUM 2 2 Introduction Lawrence and Weber (2017) define corporate social responsibility (CSR) as how a corporation should act in order to enhance society and its inhabitants, as well as the corporation being held accountable for “any of its actions that affect people, their communities, and their environment” (p. 48). Corporate citizenship, on the other hand, is defined as the actions corporations take in order to practice corporate social responsibility (Lawrence & Weber, 2017). The purpose of this discussion is to contrast the concepts of corporate social responsibility and corporate citizenship. Each concept will be evaluated individually, and the relationship between the two will also be established. Corporate Social Responsibility Corporate social responsibility has become an increasingly important concept for organizations, as stakeholders have concerns outside of making profit and obeying the law, and now place additional focus on ethics and philanthropy (Carroll, 2015). According to Carroll (2015), businesses must practice CSR in order to meet these ethical and philanthropic expectations held by stakeholders in order to remain competitive in the global marketplace.
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- Summer '14