2. CSR

Question 1

Reasons for CSR

Answer 1

1. Globalisation
2. Int legal inst
3. Public expectations of business
4. Corporate Brand

Question 2

Factors for increased attention

GCDS- 5 points

Answer 2

.1. Globalisation

2. Increase in comm and tech
3. Increase in consumption and inv
4. Increase in stds of social and env care
5. Decrease in business disruption

Question 3

Benefits of CSR

RBCRF- 5 points

Answer 3

1. Law of responsibility
2. Increases brand image
3. Decreases operational cost
4. Check regulations/controls
5. Importance of fin perf

Question 4

Myths of CSR

3 points

Answer 4

1. CSR is costly
2. CSR is for CEO
3. CSR is PR

Question 5

Pros and Cons of CSR

4 points

Answer 5

1. Costly
2. Increases company reputation
3. Shareholders resistance
4. Increases customer relationships

Question 6

Failure in adopting WLCC

4 points

Answer 6

1. Lack of universal methods
2. Diff in integration of Ops and strategy
3. data collection and inconsistency
4. Independent database of various costs

Question 7

WLCC risk monitoring and feedback

6 points

Answer 7

1. Essential for risk control
2. active- effective response
3. initial decison-change- risk changes
4. tracking,reviewing,monitoring,tracking,updating
5. initial stage- LC- every milestone
6. Input affects LC outcome- robust of

Question 8

Subjectivity in WLCC

Answer 8

1.