Social responsiblity

Question 1

Define social responsiblity

Answer 1

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

Question 2

Meaning of CSR

Answer 2

The continuing commitment by businesses to behave ethically and contribute to economic development while improving the quality of life of the local community and society at large

Question 3

Strategies businesses can take to deal with HIV/AIDS

Answer 3

Train counsellors to provide counselling to infected and affected employees
Develop counselling programs for infected and affected employees
Roll out ARV treatment programs for the infected employees

Question 4

Strategies businesses can take to deal with unemployment

Answer 4

Provide skill development programs through learnerships
Offer bursaries to the community to improve the level of education
Create jobs for members of the community
Provide entrepreneurial programmes that can promote self-employmentt

Question 5

Strategies businesses can take to deal with poverty

Answer 5

Invest in a young starting SME that can be a business competitor, buyer or supplier
Attract the best employees by being socially responsible and offering the best volunteering programs
Donate money or food parcels to local NGOs