Asked by Santiago Quirós on Jun 24, 2024

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What key element of developing a successful corporate social responsibility (CSR) program is exhibited when a company meets with the community to understand the impact that water usage by its manufacturing plant will have on the surrounding areas?

A) good stakeholder management
B) integration of CSR into corporate policy in all divisions of the firm
C) integration of CSR into corporate policy at all levels of the firm
D) good corporate leadership
E) sustainable production practices

Water Usage

The act of using water for various purposes, including domestic, agricultural, industrial, and recreational activities, which can have significant environmental and economic implications.

Corporate Social Responsibility (CSR)

A self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging or mutual support.

  • Acquire insight into the creation, application, and review of a Corporate Social Responsibility (CSR) strategy.
  • Comprehend the significance of stakeholder management in CSR initiatives.
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AS
Ashley SartinJun 29, 2024
Final Answer :
A
Explanation :
Meeting with the community to understand the impact of the company's water usage demonstrates good stakeholder management, as it involves engaging with and considering the interests of those affected by the company's operations.