5K csr considerations and change

Question 1

brief of csr

Answer 1

Implementing change can impact different groups form a CSR respective. Therefore, managers should consider mitigating any negative consequences due to impact.

Question 2

all csr considerations when implementing change

Answer 2

1. consideration to environment
2. consideration to general community
3. consideration to workforce

Question 3

CONSIDERATION TO ENVIRONMENT

Answer 3

E.G recyclable coffee cups, discount for bringing own reusable cups, using Australian sourced resources to reduce emission from transportation,

Question 4

CONSIDERATION TO GENERAL COMMUNITY

Answer 4

E.G sponsoring local event, source Australian resources, offer community education through training program.

Question 5

CONSIDERATION TO WORKFORCE

Answer 5

E.G provide flexible working arrangements such as from home, provide budget for employee to set up home office, organise regular team bonding event.

Question 6

define CSR

Answer 6

ethical conduct of business beyond legal obligations, and consideration of social, economic, environmental impacts when making business decisions.

Question 7

strengths of CSR

Answer 7

• Better business reputation therefore improved sales from new customers, brand loyalty to existing customers
• Additional Marketing opportunities
• Benefit social health / welfare.

Question 8

LIMITATIONS OF CSR:

Answer 8

• Can be time consuming to establish.
• Can sometimes be expensive to support non-core activities.

Question 9

define core work

Answer 9

: activities directly contributing towards business meeting objectives / operate smoothly.

Question 10

define non-core work

Answer 10

NON-CORE WORK