Coporate social responsibility Flashcards

1
Q

What is corporate social responsibility

A

This is the management of obligations to protect and promote the welfare of all stakeholders

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2
Q

What is corporate social investment

A

This is the actual resources that are invested in the shareholders

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3
Q

What is the sustainability

A

This is making a difference for the long term and setting up something that ensures that the project continues

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4
Q

What are the primary social responsibilities towards the company

A

Owners: Capital contribution which impacts their investments

the employees: the level of interest in the financial performance that impacts their remuneration

suppliers: they want to promote payments they for better cash flow the
consumers: they went to it went good quality and products

the competition: not selling counterfeit goods acting in a manner that will respect to the belonging of a competitor

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5
Q

What is border social responsibility

A

This is activities aimed at the country as a whole government and local community

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6
Q

What is border social responsibilities as a government

A

Taxes used to create infrastructure and an environment that stimulates business operations responsibility through the legislation act

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7
Q

What is border social responsibility for the community

A

Eco-logical control : the impact of game reserve the national parks

sponsorships

creations of infrastructure: private sectors makes the contribution

health and safety

aids

anti drugs
air-pollution

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8
Q

What is the contribution of CSR in South Africa

A

That inequalities of all past educations

the cycle property

 to distich economy year of the parties call true crime and violence 
aids and HIV epidermic 
Limited water supply 
technology advancement 
and global village phenomenon
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9
Q

What is poverty

A

This is having little/no money

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10
Q

Name the levels of poverty

A

Extreme
cold on living under 11.50 per day lack of nutrition medical care education and beige basic human needs

Moderate/subsistence

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11
Q

What are the factors favoring CSR- the pros

A

Socio-economic problems: solving social problems taking a prude take to stance

expert ties and resources: helping me where you can

government: CF are cues less issues with the government

Goodwill: promotes the image of the company

standard of living: job creation and improving living

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12
Q

Factors against CSR -the cons

A

Consumers: meeting the needs of the consumer

stakeholders: without ROI/risk
employees: remuneration

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13
Q

What is the king code one

A

This is the r recommended standards of a contract for directors of a company and emphasize the needs of the responsibility of corporate activities

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14
Q

What is the King Code II

A

This is the corporate practices and takes the principles into account

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15
Q

What is the principle of transparency

A

This principle allows those affected by the particular decision or businesses transactions to not only have lesson figures but mechanisms and processes involved

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16
Q

What is the principal phone independence

A

This is internal and external auditing checks professionalism and professional behaviour having total independence

17
Q

What is the principle of accountability

A

This is the take account for the things or something that has happened always going to happen high level of accountability will increase the conference from the stakeholders

18
Q

What is integrity principal

A

This is the code of ethics

19
Q

What is the discipline principal

A

This is self-discipline

market discipline

and regular discipline

20
Q

What are the benefits of good corporate governance

A

It creates investor confident

minimizes wastage is corporate risk and management

helps branch formation and development

it provides insensitive to your owners and managers to achieve objectives

it has a positive impact on the JSE price

it helps some companies lower capital acquisition

corporate success and economic growth

21
Q

What is social sustainability

A

This is for treatment of society as a whole

social equity

it strives for :
fair income
fair access to education and income fair trade

22
Q

What is environmental sustainability

A

The surface of the businesses activities which certain the degrading of the environment focuses on for peas such as product processing practicing and program and premises