What is an accommodative strategy?

What is an accommodative strategy?

An accommodative strategy is defined that management may take a positive view toward CSR activities and thus is willing to partially participate in these activities or invest some corporate resources in them.

What can a company do to take an accommodative stance towards social responsibility?

What can a company do to take an accommodative stance towards social responsibility? Companies cannot legally donate to political campaigns but they can influence government through .

What are the 3 elements of social responsibility?

The four components of social responsibility are ethical, legal, economic and philanthropic.

What is proactive social responsibility strategy?

Proactive corporate social responsibility (CSR) involves business strategies and practices adopted voluntarily by firms that go beyond regulatory requirements in order to manage their social responsibilities, and thereby contribute broadly and positively to society.

What is accommodative stance of RBI?

An accommodative stance means the central bank is prepared to expand the money supply to boost economic growth. The central bank, during an accommodative policy period, is willing to cut the interest rates. A rate hike is ruled out.

What is defensive stance in social responsibility?

2 Defensive These companies may consider themselves neutral, and they make profits a more important motive than performing actions in a socially responsible way. These companies make a point of following the law to ensure that others cannot take legal action against them.

What is Carroll model of social responsibility?

Carroll in 1979: CSR refers to a business’s behaviour, that it’s economically profitable, complies with the law, is ethical, and is socially supportive.

Why is accommodative social responsibility important for companies?

People form opinions of a company based on its actions and this is where social responsibility becomes important. Accommodative social responsibility is a strategy used when a company chooses to accept responsibility for certain problems and takes the initiative to solve them.

What is accommodative Social Responsibility (ASR)?

Accommodative social responsibility is a strategy used when a company chooses to accept responsibility for certain problems and takes the initiative to solve them. The accommodative approach to social responsibility is regarded as an ethical issue.

Which is an example of an accommodation strategy of social responsibility?

This policy of “ask and you shall receive” is an example of an accommodation strategy of social responsibility. Like an accommodating company, a proactive company makes social responsibility a priority. Instead of reacting to criticism, a proactive company attempts to remain ahead of the curve when it comes to social responsibility.

What is an accommodative CSR strategy?

An accommodative strategy is defined that management may take a positive view toward CSR activities and thus is willing to partially participate in these activities or invest some corporate resources in them. Table of Contents show What is Accommodative Strategy? Accommodative strategy is the middle way between Defensive and Agressive Strategies.