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MNB1501: Assignment 3 Semester 2 2022 £2.92   Add to cart

Exam (elaborations)

MNB1501: Assignment 3 Semester 2 2022

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This document contains the questions and answers to the third assignment of MNB1501 and contributes 30% towards your final grade. By purchasing this document you invest in your future and secure a distinction!

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  • July 12, 2022
  • 30
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

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MNB1501: Assignment 3: Semester 2


Not wanting to have the reputation of being seen as socially irresponsible is a __________
driver of CSR.

Select one:

a.
social

b.
market

c.
governmental

d.
ethical
Feedback
The correct answer is: social



Corporate governance is essentially about __________________.

Select one:

a.
effective leadership

b.
the company’s core business activities

c.
the creation of employment and training opportunities

d.
the company’s contribution through its engagement in public policy
Feedback
The correct answer is: effective leadership

,Mark and Catrice own a bakery in Stellenbosch which is well known for their organically-
sourced ingredients. They rely heavily on local producers for their fresh ingredients and,
as they feel it is their bakery’s mission to only provide local, organic produce, have
contributed significantly to the development of a local farm, Diepend. Diepend teaches
orphaned and abused children techniques to run an organic farm. Mark and Catrice
therefore approach the CSR in a _____________ manner by using a ____________ .

Select one:

a.
neutral; combination method

b.
responsible; contribution

c.
proactive; value-based system

d.
reactive; stakeholder-engagement process
Feedback
The correct answer is: proactive; value-based system



Tom Winterboer, African Bank’s curator, is in the process of stakeholder engagement
and needs to seek a mutual understanding and search for beneficial solutions to African
Bank’s problems. In the stakeholder-engagement process, this is known as ____________ .

Select one:

a.
Candour.

b.
Action.

c.
Learning.

d.
Involvement.
Feedback
The correct answer is: Learning.

, Deciding on what is right and wrong in the workplace within a business is referred to as
___________.

Select one:

a.
sustainable development

b.
corporate governance

c.
business ethics

d.
corporate social responsibility
Feedback
The correct answer is: business ethics



SAB strives to make more beer with less water and is the world leader in responsible
water management during the brewing process. This is an indication of which one of the
following drivers of corporate social responsibility?

Select one:

a.
Social drivers

b.
Ethical drivers

c.
Market drivers

d.
Governmental drivers
Feedback
The correct answer is: Market drivers

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