BUS 632 - Assignment 1, Week 5.docx - BUS 632 Eco-commerce Models DL Summer 2017 Assignment 1 Week 5 1 Why is strategic CSR not a choice for companies

BUS 632 - Assignment 1, Week 5.docx - BUS 632 Eco-commerce...

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BUS 632 - Eco-commerce Models DL Summer 2017 Assignment 1, Week 5 1. Why is strategic CSR not a choice for companies? It is not a choice because a firm cannot justify its existence simply by being. It needs the confirmation of its stakeholders to stay in business. When a firm’s existence stop making sense and creating value for its stakeholders, the future of the company is compromised. Strategic CSR is making decisions in a way that accounts for the stakeholders expectations and needs. It is bringing the stakeholders’ interests to the table or, in others words, assuring the firm’s ability to keep existing. 2. Are there any firms that you can think of that are currently practicing strategic CSR as defined in this chapter? If so, what is it that they are doing differently? If not, which firm is closest, and what does it need to do to fully implement strategic CSR? The first organization that comes to my mind is Starbucks (and maybe it is because

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