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MRL2601 Assignment 2 ANSWERS 2025 -Due September 2025

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MRL2601 Assignment 2 ANSWERS 2025 - Due September 2025 MRL2601 ASSIGNMENT 2 2025 SEMESTER 2 2025 DUE SEPTEMBER 2025 Question 1 Explain what the principle of corporate social responsibility entails and provide examples of how this principle is reflected in the Companies Act 71 of 2008. In terms of corporate social responsibility (CSR), a company must integrate economic, social and environmental considerations into its operations in order to benefit not only its shareholders but all parties affected by its conduct. It involves Balancing stakeholder interests - ensuring that decisions account for the needs of shareholders, employees, customers, communities and the natural environment. Acting responsibly - avoiding harm and proactively contributing to social and

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MRL2601
ASSIGNMENT 2
DUE DATE: SEPTEMBER 2025

, MRL2601 ASSIGNMENT 2 2025
SEMESTER 2 2025
DUE SEPTEMBER 2025



Question 1


Explain what the principle of corporate social responsibility entails and provide
examples of how this principle is reflected in the Companies Act 71 of 2008.


In terms of corporate social responsibility (CSR), a company must integrate economic,
social and environmental considerations into its operations in order to benefit not only its
shareholders but all parties affected by its conduct.
It involves


Balancing stakeholder interests - ensuring that decisions account for the needs of
shareholders, employees, customers, communities and the natural environment.


Acting responsibly - avoiding harm and proactively contributing to social and
environmental well‑being.



Promoting sustainability - making choices that support long‑term economic health
alongside societal and ecological resilience.

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