Business Studies Grade 10- CSR

Introduction

Good day Students

Please watch the below attached videos before going to the next step 

https://youtu.be/PLCGCxmoxy8

https://youtu.be/zHgRNV8slBk

 

Task

BUSINESS STUDIES

GRADE 10

TERM 2: INFORMAL TASK

CONTEMPORARY SOCIO-ECONOMIC ISSUES

QUESTION 1

Read the scenario below and answer the questions that follow.

JAEN MANUCTURES( JM)

Jaen Manufactures has employed 30 workers who are responsible for the manufacturing of men’s winter clothes. Highly skilled workers earned better salaries than others. Their standard of living is even better than other workers.

 

Some workers stay absent from work due a disease that is transferred from one infected person to another healthy person. Unskilled workers have decided to join illegal money making investment with the hope of obtaining money to improve their lifestyles. Some workers refuse to work until they are paid better salaries. JM‘s stock was stolen at night when they were not open for business.

 

1.1.1    Identify FIVE socio economic issues from the scenario above. Motivate your answer by quoting from the scenario.

Use the table below to present your answer.

Socio economic issue

Motivation

1)

 

2)

 

3)

 

4)

 

5)

 

(15)

1.1.2    Discuss ONE impact of each of the socio-economic issue identified in QUESTION1.1.1.on businesses                                                                     (10)

 

1.1.3    Explain the meaning of the following concepts:

(a)        Copyright                                                                                                         (2)

(b)        Patent                                                                                                              (2)

(c)        Trade marks                                                                                                    (2)

1.1.4    Name a socio economic issue that can be addressed by the above mentioned concepts in QUESTION 1.1.3.                                                                        (2)

 

QUESTION 2

 

2.1       Study the cartoon below and answer the questions that follow:

 

 

 

 

 

 

 

 

 

 

2.1.1    Explain the meaning of social responsibility                                                               (2)

2.1.2    Name the social responsibility that is depicted by the cartoon above.                        (2)

2.1.3    Suggest ONE initiative that can be undertaken by businesses to address EACH of the socio-economic issues discussed in ACTIVITY 1.1.1

Use the table below to present your answer:

SOCIO-ECONOMIC ISSUE

BUSINESS INITIATIVE

(1)

 

(2)

 

(3)

 

(4)

 

(8)

2.1.4    Define the concept Corporate Social Responsibility (CSR)                                     (2)

Process

TOPIC: CORPORATE SOCIAL REPONSIBILITY

Definition of social responsibility

  •  Social responsibility is when each person is responsible for the effects their behaviour and lifestyle has on the environment and others.
  • It means that any person/group/organisation has a responsibility to act in a way that benefit society as a whole.
  •  Social responsibility also means getting actively involved in projects that can have a positive impact on society in a sustainable way.

 

Definition of corporate social responsibility/CSR

  •  It is the term used when a business takes responsibility for its impact on society and the environment.
  •  It is an ethical way of doing business in the interest of both the business and the wider community.
  • Corporate social responsibility means that a business needs to be careful that all its actions protect the environment and improve the quality of life for the citizens of the country.
  •  The way businesses manage their resources/processes to impact positively on society.
  •  The environment consists of: o The air we breathe-this can be polluted by harmful smoke or other gases that are released into air. o Rivers and other natural water resources –which can be pollutes by factories
  • Businesses should avoid doing things that harm the environment and people.
  • The goal of CSR is to have a positive impact on the environment/consumer/employees/communities/stakeholder.

 

Initiatives business take to address socio -economic issues

 Initiatives businesses can take to address inequality and poverty

  •  Provide bursaries for employees’ children
  •  Offer learnerships for employees
  • Develop employee’s skills
  •  Invest in a young starting SME that can be a business competitor, buyer or supplier.
  • Offer best volunteering programs.
  • Support poverty alleviation programmes that are offered by the government.
  •  Donate money/food parcels to local NGO’s.

 Initiatives businesses can take to address HIV/Aids

  •  Counselling programmes/train counsellors to provide infected and affected persons/employees.
  •  Develop counselling programmes for infected/affected persons/employees.
  • Conduct workshops on HIV/Aids programmes/campaigns.
  •  Offer Voluntary HIV/Aids testing and counselling in the workplace.
  •  Roll out anti-retroviral (ARV) treatment programmes (ART) for the infected employees.
  • Encourage employees to join HIV/Aids support groups
  •  Develop strategies to deal with stigma and discrimination.
  •  Participate in the HIV/Aids prevention programmes implemented in the community.
  •  Support non-governmental organisational/community-based

 Initiatives businesses can take to address gambling

  • Offer financial literacy education
  •  Businesses must make use of organisations such as Gamblers Anonymous and the National Council on Problem Gambling to help gamblers fight their addiction.

 Initiatives businesses can take to address unemployment

  •  Provide skills development programmes 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-employment.
  •  Support existing small businesses to create more employment opportunities.

 

Initiatives businesses can take to address poverty and inequality

  •  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.
  •  Support poverty alleviation programmes that are offered by the government.
  •  Donate money/food parcels to local NGO’s.
  •  Increase employment through economic growth.
  •  Introduce more training programmes and apprenticeship to develop skills.
  •  Encourage entrepreneurship through business training and mentoring entrepreneurs.
  •  Improve infrastructure and services in poor communities.

 Initiatives businesses can take to address crime

  •  Offer employment
  •  Get involved in the local community on sustainable projects with community.
  •  Sponsor special sports programmes by providing finance (prize money) for special community events
  •  Adopt a school; by providing most of its needs.

Initiatives businesses can take to address violence

  •  Provide an employee assistance programme (EAP) to enable employees with personal problems to seek help.
  •  Provide counselling facilities / refer victims to private counsellors.

 

Other examples of corporate social responsibility initiatives

  •  Producing socially responsible goods and services
  •  Treating employees in a socially responsible way
  •  Ensuring production techniques are socially responsible
  • Initiating community projects
Evaluation

TOPIC: CORPORATE SOCIAL RESPONSIBILITY – MEMORANDUM



1.1 Socio economic issues

SOCIO-ECONOMIC ISSUE MOTIVATION

HIV/AIDS Some SCF employees stay absent from

work on a regular basis due to illnesses

caused by not taking ARV treatment as

prescribed.

Unemployment The majority in the community are not

economically active.

Poverty Some are unable to satisfy basic need.

6. Differences between Corporate Social Responsibility (CSR) and Corporate

Social Investment (CSI)

Corporate Social Responsibility Corporate Social Investment

The intention is to change business

practices.

Actively committing money and resources

to uplift the community.

Focus is on increasing image and

profits.

Focus is on the upliftment of community

without return on investment.

Ensure that all internal CSI policies

include stakeholders' interests.

Ensure that CSI projects are relevant to

the needs of communities.

Often intended as a marketing

initiative.

Intended to benefit and uplift communities

through social development.

Projects are usually linked to the

business, e.g. a manufacturing

business offering to train the

unemployed.

Projects are external to the business and

have a strong developmental approach.

7.1 Identification of examples CSI projects from the scenario

• School uniforms for needy learners

• HIV/ AIDS prevention programmes

• Food parcels to alleviate poverty

• Donating money to social events that benefit the community directly.

• Funding of additional lessons, for example Mathematics and Science



8. Purpose of CSR

• CSR programmes are internal programmes that businesses use to comply

with laws and ethics.

• Key areas of concern are protecting the environment, the wellbeing of

employees from the community and civil society in general.

2

• Businesses seek to promote public interest and do away with harmful

practices without the need for any formal legislation.

• Business operations address Triple bottom line through CSR programmes by

considering its impact on people, profit and planet.

• CSR aims at creating a safe working environment for employees.

• CSR programmes and activities the business undertakes to contribute

positively to the community in which the business operates.

• CSR may take the form of a monetary donation to support local organisations.



9. The meaning of social responsibility

• An ethical view point that says every individual or organisation has an

obligation to benefit society as a whole.

• The responsibility of every citizen, individual or organisation to contribute

towards the well-being of the community and the environment in which they

live.



10.Meaning of CSR

• The continuing commitment by business to behave ethically and contribute to

economic development while improving the quality of life of the local

community and society at large.

• Corporate Social Responsibility/CSR is the way a business conducts its

operations ethically and morally, regarding the use of human, physical and

financial resources.

• Corporate Social Responsibility is an obligation required by law and benefits

both business and society.

Conclusion

You should have a solid understanding of the subject of CSR after completing this web quest. You ought to be aware of what a business does to adopt a socially responsible policy as well as the advantages that result for the environment and the community from doing so. I hope that learning about CSR and engaging in the tasks set out for you by this webquest have been enjoyable.

Visit http://www.csrnetwork.com for more details on CSR.

HOMEWORK!!

For tomorrow , please prepare a summary in ay form that you prefer to be it a song, poem or a video that you will need to present tomorrow in class about your learning experience so far with me , what you learned and what you would want me to change in terms of the teaching ways. Ensure that you write it down using your own terminology and comfortable language.

Remember to keep your work pertinent and concise!!!!!

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220033854@mycput.ac.za

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