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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Corporate Social Responsibility
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Q1) If you would be the CEO of Godrej
Industries, which other additional CSR activities you would have undertaken
that would have aligned well with the current CSR activities and company’s line
of business? (10 Marks)
Answer:The evolution of corporate social
responsibility in India refers to changes over time in India of the cultural
norms of corporations' engagement of corporate social responsibility (CSR),
with CSR referring to way that businesses are managed to bring about an overall
positive impact on the communities, cultures, societies and environments in
which they operate. The fundamentals of CSR rest on the fact that not only
public policy but even corporates should be responsible enough to address
social issues. Thus companies should deal with the challenges and issues looked
after to a certain extent by the states.
Among other countries India has one of the
oldest
Q2) Select any listed Indian or International
Public Limited Company and classify its CSR activities on triple bottom line
approach basis ie People Planet and Profit. (10 Marks)
Answer:Corporate social responsibility (CSR) is a
highly misunderstood & misinterpreted term in India. Some Indian companies
believe that merely complying with laws & regulations fulfills their need
for social responsibility. A responsible corporate recognizes that its
activities have wider impact on the society in which it operates. Therefore it
takes account of the economic, social, environmental & human rights impact
of its activities on all stakeholders.Although India is a favorable business
destination for western investors. It is to be
Q3) “It is governments job to do CSR activities
and corporate should focus their attention on Profit” and “CSR is a lip service
and doesn’t help many”
– Explain your view point on both the
statement. (10 Marks)
Answer:Corporate social responsibility (CSR) can be
defined as the "economic, legal, ethical, and discretionary expectations
that society has of organizations at a given point in time" (Carroll and
Buchholtz 2003, p. 36). The concept of corporate social responsibility means
that organizations have moral, ethical, and philanthropic responsibilities in
addition to their responsibilities to earn a fair return for investors and
comply with the law. A
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