Question Tag: Corporate Social Responsibility

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CSME – May 2022 – L2 – SB – Q3 – Environment analysis

Explain the nature, benefits, and key elements of environmental reporting, audits, and Environmental Management Accounting (EMA).

There is a growing concern that organizations should act in a responsible manner to ensure sustainability of their environment. To this end, environmental reporting has become an important part of the reporting obligation of firms. Hence, you have been approached for advice by a manufacturing company that seeks to incorporate environmental reporting into its annual reports. You are to present to the management a report detailing the following:

a. Nature and benefits of environmental reporting. (5 Marks)

b.

  • i. Key elements of the Sustainability Balanced Scorecard (SBSC) as a measure of a firm’s performance. (2 Marks)
  • ii. Elements of an environmental audit. (4 Marks)

c. Nature and use of Environmental Management Accounting (EMA). (9 Marks)

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CSME – Nov 2016 – L2 – Q3 – Ethics in Business

Evaluate whether the decision to build a retail mega store in Ibadan instead of Lagos is ethical using Tucker's five-question model.

An indigenous company wants to set up a retail mega store in Ibadan, chosen for its population density and lower overhead costs compared to Lagos. In Ibadan, electricity supply is more consistent, and operational costs, including salaries, rent, and transportation, are significantly lower. The move would also result in less environmental impact due to reduced diesel generator use. The local government has approved the project, which will create jobs both during construction and after the store’s completion.

Required:
Using Tucker’s five-question model for ethical decision-making, determine whether the decision to build the store in Ibadan rather than Lagos is ethical. (20 Marks)

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CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

a) In their quest to create economic wealth, business organizations leave environmental and social footprints.

Required:
Discuss environmental and social footprints of organizations. (10 Marks)

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CSME – Nov 2021 – L2 – Q3 – Corporate Social Responsibility (CSR)

Discuss the nature of CSR, its theories, aspects, and implementation steps for the company.

At the last board meeting of a company, there was a heated argument about whether or not the company should have Corporate Social Responsibility (CSR) programmes. Some members of the board see CSR as a waste of resources, while others see it as a tool for achieving organizational goals.

Required:
a.
i. What is Corporate Social Responsibility (CSR)? (2 Marks)
ii. Explain stakeholders and shareholders theories on CSR. (2 Marks)

b. Explain to the board FIVE aspects of CSR. (10 Marks)

c. Advise the company on steps to be taken in implementing a CSR policy. (6 Marks)

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CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

i) Draft a recommendation on the steps to be taken by a company in the implementation of a Corporate Social Responsibility (CSR) policy. (12 Marks)
ii) Present ‘Sustainable Development’ in a way that highlights its importance to society. (3 Marks)

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SCS – Dec 2022 – L3 – Q6b – Ethics and social responsibility

Analysis of child labour using deontological and teleological ethical theories.

The Board chairman and the CEO have disagreed on whether the use of child labour by the distributors and continuous supply of the company’s products to the affected distributors is ethically wrong. The two have approached you as an expert in ethics to determine which of the positions is correct.

Required:

Using the two main theories of ethics, deontological theory and teleological theory, determine whether child labour is ethically wrong. (10 marks)

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CSME – Mar/Jul 2020 – L2 – Q3 – CSR Policy Debate, Ethical Stances, and Cultural Web

Analyze ethical stances using Grey, Owen, and Adams framework and explain board members' ethics using Johnson and Scholes' cultural web.

At a recently held board meeting of your company, there was a heated argument about the need to have a corporate social responsibility (CSR) policy. While some viewed CSR as a complete waste of resources, others viewed it as an absolute necessity.

Required:
a. With the aid of the Grey, Owen, and Adams 7-point classification, analyze the possible ethical stances that could be taken by members of the board. (12 Marks)

b. Using the Johnson and Scholes cultural web, explain the elements that shape board members’ understanding of corporate ethics. (8 Marks)

(Total 20 Marks)

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CSEG – Nov 2015 – L2 – Q5c – Corporate social responsibility

Define sustainability and explain the concept of the triple bottom line with relevant examples.

What is meant by sustainability? Using relevant examples, explain the concept of the triple bottom line.

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CSEG – Nov 2018 – L2 – Q2b – Corporate social responsibility

Discuss how CSR initiatives by a large public company could contribute to the long-term benefits of the company.

Sampa Ltd is a large local fast-moving consumer goods company with many well-known branded products. It imports raw materials for its products from several countries, and all its manufacturing operations are based in Ghana. The financial performance of the company has been declining due to an economic downturn.

The CEO thinks that the economic recession will make all companies focus on profitability and that concerns about corporate social responsibility (CSR) will lessen. He has always held the view that CSR provided some public relations benefits but that it has no effect on the financial performance of companies or their share price.

Required:

Discuss how CSR initiatives by a large public company could contribute to the long-term benefits of the company. (10 marks)

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MA – May 2021 – L2 – Q2a – Other aspects of performance measurement

Identify and explain consequences of environmentally unfriendly corporate practices on profits.

a) The Climate Adaptation Summit (CAS 2021) sought to tackle head on, the imminent catastrophe, which, the unattended climate change can unleash on the world. This is perceived to be more disastrous than the COVID-19 pandemic. So far, accountants have not agreed on how to quantify damages caused to the environment by a company’s operations in the accounts unless they come in the form of a fine.

Required:
Identify and explain FOUR (4) consequences of environmentally unfriendly practices of corporate entities that may negatively influence their profits. (5 marks)

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CSME – May 2022 – L2 – SB – Q3 – Environment analysis

Explain the nature, benefits, and key elements of environmental reporting, audits, and Environmental Management Accounting (EMA).

There is a growing concern that organizations should act in a responsible manner to ensure sustainability of their environment. To this end, environmental reporting has become an important part of the reporting obligation of firms. Hence, you have been approached for advice by a manufacturing company that seeks to incorporate environmental reporting into its annual reports. You are to present to the management a report detailing the following:

a. Nature and benefits of environmental reporting. (5 Marks)

b.

  • i. Key elements of the Sustainability Balanced Scorecard (SBSC) as a measure of a firm’s performance. (2 Marks)
  • ii. Elements of an environmental audit. (4 Marks)

c. Nature and use of Environmental Management Accounting (EMA). (9 Marks)

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CSME – Nov 2016 – L2 – Q3 – Ethics in Business

Evaluate whether the decision to build a retail mega store in Ibadan instead of Lagos is ethical using Tucker's five-question model.

An indigenous company wants to set up a retail mega store in Ibadan, chosen for its population density and lower overhead costs compared to Lagos. In Ibadan, electricity supply is more consistent, and operational costs, including salaries, rent, and transportation, are significantly lower. The move would also result in less environmental impact due to reduced diesel generator use. The local government has approved the project, which will create jobs both during construction and after the store’s completion.

Required:
Using Tucker’s five-question model for ethical decision-making, determine whether the decision to build the store in Ibadan rather than Lagos is ethical. (20 Marks)

Login or create a free account to see answers

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CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

a) In their quest to create economic wealth, business organizations leave environmental and social footprints.

Required:
Discuss environmental and social footprints of organizations. (10 Marks)

Login or create a free account to see answers

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CSME – Nov 2021 – L2 – Q3 – Corporate Social Responsibility (CSR)

Discuss the nature of CSR, its theories, aspects, and implementation steps for the company.

At the last board meeting of a company, there was a heated argument about whether or not the company should have Corporate Social Responsibility (CSR) programmes. Some members of the board see CSR as a waste of resources, while others see it as a tool for achieving organizational goals.

Required:
a.
i. What is Corporate Social Responsibility (CSR)? (2 Marks)
ii. Explain stakeholders and shareholders theories on CSR. (2 Marks)

b. Explain to the board FIVE aspects of CSR. (10 Marks)

c. Advise the company on steps to be taken in implementing a CSR policy. (6 Marks)

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CSME – May 2019 – L2 – Q3b – Corporate Social Responsibility (CSR)

Draft CSR implementation steps and highlight the importance of sustainable development to society.

i) Draft a recommendation on the steps to be taken by a company in the implementation of a Corporate Social Responsibility (CSR) policy. (12 Marks)
ii) Present ‘Sustainable Development’ in a way that highlights its importance to society. (3 Marks)

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SCS – Dec 2022 – L3 – Q6b – Ethics and social responsibility

Analysis of child labour using deontological and teleological ethical theories.

The Board chairman and the CEO have disagreed on whether the use of child labour by the distributors and continuous supply of the company’s products to the affected distributors is ethically wrong. The two have approached you as an expert in ethics to determine which of the positions is correct.

Required:

Using the two main theories of ethics, deontological theory and teleological theory, determine whether child labour is ethically wrong. (10 marks)

Login or create a free account to see answers

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CSME – Mar/Jul 2020 – L2 – Q3 – CSR Policy Debate, Ethical Stances, and Cultural Web

Analyze ethical stances using Grey, Owen, and Adams framework and explain board members' ethics using Johnson and Scholes' cultural web.

At a recently held board meeting of your company, there was a heated argument about the need to have a corporate social responsibility (CSR) policy. While some viewed CSR as a complete waste of resources, others viewed it as an absolute necessity.

Required:
a. With the aid of the Grey, Owen, and Adams 7-point classification, analyze the possible ethical stances that could be taken by members of the board. (12 Marks)

b. Using the Johnson and Scholes cultural web, explain the elements that shape board members’ understanding of corporate ethics. (8 Marks)

(Total 20 Marks)

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CSEG – Nov 2015 – L2 – Q5c – Corporate social responsibility

Define sustainability and explain the concept of the triple bottom line with relevant examples.

What is meant by sustainability? Using relevant examples, explain the concept of the triple bottom line.

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CSEG – Nov 2018 – L2 – Q2b – Corporate social responsibility

Discuss how CSR initiatives by a large public company could contribute to the long-term benefits of the company.

Sampa Ltd is a large local fast-moving consumer goods company with many well-known branded products. It imports raw materials for its products from several countries, and all its manufacturing operations are based in Ghana. The financial performance of the company has been declining due to an economic downturn.

The CEO thinks that the economic recession will make all companies focus on profitability and that concerns about corporate social responsibility (CSR) will lessen. He has always held the view that CSR provided some public relations benefits but that it has no effect on the financial performance of companies or their share price.

Required:

Discuss how CSR initiatives by a large public company could contribute to the long-term benefits of the company. (10 marks)

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MA – May 2021 – L2 – Q2a – Other aspects of performance measurement

Identify and explain consequences of environmentally unfriendly corporate practices on profits.

a) The Climate Adaptation Summit (CAS 2021) sought to tackle head on, the imminent catastrophe, which, the unattended climate change can unleash on the world. This is perceived to be more disastrous than the COVID-19 pandemic. So far, accountants have not agreed on how to quantify damages caused to the environment by a company’s operations in the accounts unless they come in the form of a fine.

Required:
Identify and explain FOUR (4) consequences of environmentally unfriendly practices of corporate entities that may negatively influence their profits. (5 marks)

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