The objective of this in class activity is to understand the importance of corporate social

responsibility (CSR) for businesses and how it is connected to business ethics.

Instructions of the activity:

1. Read the following article on the importance of CSR: "The Importance of Corporate

Social Responsibility" by Investopedia (https://www.investopedia.com/terms/c/corp-social-

responsibility.asp).

2. Watch the following video on the connection between CSR and business ethics:

"Corporate Social Responsibility and Business Ethics" by Business Ethics

(https://www.youtube.com/watch?v=x0JRSOJ-czg).

https://www.youtube.com/watch?v=B4Owls5xW8w (Alternate video link)

After reading the article and watching the video as well as reading the class materials answer

the following questions in your own words:

a. Why CSR is important for businesses? Use your critical thinking and provide

supporting points

b. How does CSR contribute to the long-term success of a business? Use your critical

and analytical thinking and provide supporting points

c. What is the connection between CSR and business ethics? Use your critical and

analytical thinking and provide supporting points

d. Give an example of a company that practices CSR and explain how it is connected to

their business ethics. Use your critical and analytical thinking and provide supporting

points

Submit your answers in a Word or PDF document.