Answer to Question #218988 in Management for Paballo

Question

If SAB’s corporate social responsibility policy is aligned to the company’s policy, vision and

mission, it is using __________________.

1 a values-based system

2 a stakeholder-engagement process

3 a combination of options 1 and 2

4 None of the above

Answer 1

2 a stakeholder-engagement process

The process by which firms communicate with and learn about their stakeholders is known as stakeholder engagement.

A culture formed by a clear set of ground rules forming a basis and guiding principles for decision-making, actions, and a sense of community is known as a values-based organization.