Assignment 2 Corporate Gov Practice

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Programme Generic

Module Corporate Governance Practice


Module Code CGP 310
NQF Level 6
Credits 10
Assessment Type Individual Assignment
Semester 1st
Due Date 30 April 2024

Total marks 50
Pass mark 50%
Weighting 10%
Examiner

This question paper consists of 2 pages including the cover page.

INSTRUCTIONS:
Read the following instructions CAREFULLY:
1. Your assignment should be typed – Arial font 12; 1.5 spacing; Justified (ctrl + J))
2. Use the Harvard method of referencing.
3. You must consult at least three different sources or preferably journals for adequate
referencing.
4. Assignments must be presented in the correct format. Marks will be awarded in conjunction
with contents for overall presentation as per marking rubric.
5. Ensure that your name and the name of your campus are clearly indicated on the cover page
of your assignment.
6. Keep photocopies of all assignments handed in.
7. Plagiarism and copying of assignments will result in the default mark 0% being awarded. This
is also a punishable offence, which will lead to a disciplinary action.
8. It is in your own interest to present your work neatly.

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QUESTION 1 (50 marks)

Define the term "corporate social responsibility" (CSR) and elucidate its significance
within the context of contemporary business practices. Subsequently, discuss the
various benefits that CSR initiatives offer to businesses.
In your response, provide concrete examples of CSR strategies implemented by
real-world companies and evaluate their impact on stakeholders, including
employees, customers, communities, and the environment. Additionally, critically
assess any potential challenges or drawbacks associated with implementing CSR
programs within business operations. Finally, propose strategies to overcome these
challenges and maximize the effectiveness of CSR initiatives for sustainable
business growth and societal well-being.

Assignment Instructions:
1. Introduction to CSR: Begin your assignment with a concise definition of
corporate social responsibility (CSR) and its relevance in contemporary
business environments.
2. Benefits of CSR to Businesses: Explore the advantages that CSR initiatives
bring to businesses, such as enhanced reputation, increased customer
loyalty, improved employee morale, and sustainable long-term growth.
3. Real-world Examples: Provide specific examples of CSR practices
implemented by well-known companies to illustrate the diverse ways in which
businesses engage in CSR activities.
4. Evaluation of Impact: Analyze the impact of CSR initiatives on various
stakeholders, including employees, customers, communities, and the
environment. Consider both positive outcomes and potential challenges
associated with CSR implementation.
5. Challenges and Drawbacks: Identify and critically evaluate any challenges
or drawbacks that businesses may encounter when implementing CSR
programs, such as increased costs, conflicting stakeholder interests, or
greenwashing accusations.
6. Strategies for Overcoming Challenges: Propose strategies to overcome the
challenges associated with implementing CSR initiatives and maximize their
effectiveness for achieving both business objectives and societal well-being.

TOTAL /50

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