Business Studies Gr 10 Term 2 #2

Question 1

meaning of social responsibility

Answer 1

o An ethical view point that says every individual/organisation has an obligation to benefit society as a whole
o The responsibility of every individual/organization to contribute towards the well-being of the community and the environment in which they live

Question 2

examples of social responsibility

Answer 2

1. Charitable giving
2. Improving labor policies
3. volunteering in the community
4. reducing carbon footprint

Question 3

Meaning of coporate social responsibilty

Answer 3

o Is the way a business conducts its operations ethically and morally, regarding the use of human, physical and financial resources
o Is an obligation required by the law to benefit both the business and society

Question 4

Suggested initiatives businesses can take to address socio-economic issues (HIV/AIDs)

Answer 4

o Strategies to deal with HIV/AIDS

1. Develop concealing programmes for infected and affected employees
2. Encourage employees to join HIV/AIDs support groups
3. Support community based HIV/AIDs organisations

Question 5

Suggested initiatives businesses can take to address socio-economic issues (Unemployment)

Answer 5

o Strategies to deal with Unemployment

1. Provide skill development programmes through leaderships
2. Crate jobs for the members of the community
3. Provide entrepreneurial programmes that can promote self-employment
4. Support small businesses to create more employment opportunities

Question 6

Suggested initiatives businesses can take to address socio-economic issues (Poverty)

Answer 6

o Strategies to deal with poverty

1. Support poverty alleviation programmes that are offered by the government
2. Donate money or food parcels to the local Non-government organisations