ADM 1301 Chapter Notes - Chapter 16: Corporate Social Responsibility, Strategic Management, Reward System

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Document Summary

A plan that views economic, ethical, social, and environmental responsibilities more intensively and integrates corporate social responsibility into all facets of the corporation"s operations. Assessment of the external environment: understand when and how this environment influences the corporation. Assessment of internal recourses and capabilities: allows a corporation to determine its ability to take advantage of opportunities in the environment and to overcome any threats. Establishment of objectives: the ends the corporation seeks to achieve through its existence and operations. Managing human resources including such areas as the reward system, approaches to leadership, and staffing.

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