MRL2601
ASSIGNMENT 2
ANSWERS 2025
MRL2601 ASSIGNMENT 2
ANSWERS 2025
, MRL2601 ASSIGNMENT 2
Question 1: Ubuntu and Corporate Social Responsibility**
Here's how to advise the board:
"Dear Board Members,
You've raised an important ethical and legal question regarding Cool
Coals' increased profits and potential community investment. While
shareholder value is paramount, a purely shareholder-centric approach,
as suggested by some directors, may not fully align with legal and
ethical considerations, particularly in the South African context.
The principle of *Ubuntu*, as articulated by Madala J in *S v
Makwanyane 1995 (6) BCLR 665 (CC)*, emphasizes
interconnectedness, human dignity, compassion, and social
responsibility. It recognizes that individual well-being is linked to the
well-being of the community. Madala J's words (paraphrased) highlight
that Ubuntu is a culture which places emphasis on compassion, respect
and the need for social harmony.
Applying *Ubuntu* to this scenario, Cool Coals, operating within a poor
community and benefiting from it, has a moral and potentially legal
(depending on specific legislation or company charter clauses) obligation
to consider the community's welfare. The disproportionate profit made
suggests the community is being exploited or disadvantaged. Ignoring
their plight and solely focusing on shareholder distribution undermines
the principles of Ubuntu.
ASSIGNMENT 2
ANSWERS 2025
MRL2601 ASSIGNMENT 2
ANSWERS 2025
, MRL2601 ASSIGNMENT 2
Question 1: Ubuntu and Corporate Social Responsibility**
Here's how to advise the board:
"Dear Board Members,
You've raised an important ethical and legal question regarding Cool
Coals' increased profits and potential community investment. While
shareholder value is paramount, a purely shareholder-centric approach,
as suggested by some directors, may not fully align with legal and
ethical considerations, particularly in the South African context.
The principle of *Ubuntu*, as articulated by Madala J in *S v
Makwanyane 1995 (6) BCLR 665 (CC)*, emphasizes
interconnectedness, human dignity, compassion, and social
responsibility. It recognizes that individual well-being is linked to the
well-being of the community. Madala J's words (paraphrased) highlight
that Ubuntu is a culture which places emphasis on compassion, respect
and the need for social harmony.
Applying *Ubuntu* to this scenario, Cool Coals, operating within a poor
community and benefiting from it, has a moral and potentially legal
(depending on specific legislation or company charter clauses) obligation
to consider the community's welfare. The disproportionate profit made
suggests the community is being exploited or disadvantaged. Ignoring
their plight and solely focusing on shareholder distribution undermines
the principles of Ubuntu.
