Corporate Social Responsibility Essay

MELISA CHIKUKWA

GRADE 12

BUSINESS STUDIES

IN DEPTHS CASE STUDY ANALYSIS: CORPORATE SOCIAL RESPONSIBILITY

IN

SOUTH Africa

Contents

INTRODUCTION 3-4

CSR RELATED PROBLEMS 5-8

POVERTY 9-12

PICK N PAY 13-16

PICK N PAY: CSR 17-21

WHAT PICK N PAY CSR 22

CONCENTRATES ON

DISCUSSION OF ONE SPECIFIC 23

ONE PROJECT

SUSTAINABILITY OF THE PROJECT 24

CONCLUSION 25

REFERENCE LIST 25

GLOSSARY 26-27

DECLARATIONS

INTRODUCTION

Corporate Social Responsibility is the management’s obligation to protect and promote the welfare of its stakeholders, financially or otherwise. This can be done by creating jobs, providing basic resources to the stakeholders, providing access to education, using naturally resources sustainably etc. Corporate Social Investment (CSI) is the actual resources that are invested in these stakeholders in form of money, skills and tangible resources such as land, machinery etc. (Yvette Russell et al 2013)

There is a high demand for CSR projects in South Africa dues to too many social issues that the country is currently facing. Many companies, local and international, in South Africa are involved in CSR. There are many arguments regarding CSR. Some of these arguments are as follow:

For CSR:

Getting involved in CSR makes the business less likely to be enforced by legislation by the Government

Many consumers prefer buying services or goods...

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Dualistic economy- the country’s economy when the country’s population is still living under third world circumstances (Yvette Russell et al 2013)

Return on investment (ROI)- how much shareholders of a business get at the end of the business’s financial year

JSE- Johannesburg Stock Exchange Ltd

Convenience goods- goods that are consumed daily e.g. bread, milk etc.(Yvette Russell et al 2013)

Shopping or select goods- goods that are consumed after comparing prices e.g. furniture (Yvette Russell et al 2013)

Specialty goods- goods that are usually imported and very expensive e.g. cars (Yvette Russell et al 2013)

PERSONAL DECLATION FORM:

I MELISA YEUKAI CHIKUKWA DECLARE THAT THIS RESERCH WAS DONE BY ME AND ALL SOURCES ARE PROPERLY REFERENCED. THIS WORK WAS DONE TO THE BEST OF MY ABILITY

SIGNATURE: DATE: