Corporate Social Responsibility-Data and Privacy Issues

Topic

Corporate Social Responsibility-Data and Privacy Issues

Instructions

Explore one CSR issue in some depth, and look at how this issue is addressed by different companies.

Choose one CSR issue,
• provide evidence to support your identification of this as a CSR issue,
• describe the key challenges faced by business in addressing this issue, and
• identify key stakeholders, and their interests

You must give examples, including of companies for which this issue is (or has been) core to their business operations. You must provide academic references to back up your answers.

Answer preview

Corporate social responsibility simply refers to the intentional efforts by any company to protect its customers and the community at large. Technology has made it possible for companies to interact widely with its clientele. These interactions require exchange of information from the customer to the company. In return, the companies become custodians of some sensitive data that requires protection. As an ethical standard of corporate social responsibility requires that these companies should keep the customers data safe. Data has become such a hot cake in the world today.

Word count: 1617