PROPERTY OF
STUDY ORBIT
MRL2601
ASSIGNMENT 2 (ANSWERS) SEMESTER 2
DUE DATE: September 2025
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no later than
August 2025. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
Principle of Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) refers to the ethical obligation of companies to conduct their
business in a manner that considers and advances social, environmental, and economic
development beyond mere profit maximisation (Carroll & Shabana, 2010). It embodies the idea that
businesses should be accountable not only to shareholders but also to broader society, promoting
sustainable development, protecting human rights, ensuring environmental protection, and
contributing to community upliftment.
CSR in the Companies Act 71 of 2008
The South African Companies Act 71 of 2008 reflects CSR in several provisions, integrating
stakeholder-oriented governance principles:
1. Section 7(d) states that one of the purposes of the Act is to reaffirm the concept of the company
as a means of achieving economic and social benefits. This indicates that companies are
Disclaimer:
All materials are for study assistance only. We do not condone academic dishonesty. Use at your own risk.
We are not liable for any consequences arising from misuse.
Redistribution, resale, or sharing without permission is prohibited.
STUDY ORBIT
MRL2601
ASSIGNMENT 2 (ANSWERS) SEMESTER 2
DUE DATE: September 2025
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no later than
August 2025. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
Principle of Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) refers to the ethical obligation of companies to conduct their
business in a manner that considers and advances social, environmental, and economic
development beyond mere profit maximisation (Carroll & Shabana, 2010). It embodies the idea that
businesses should be accountable not only to shareholders but also to broader society, promoting
sustainable development, protecting human rights, ensuring environmental protection, and
contributing to community upliftment.
CSR in the Companies Act 71 of 2008
The South African Companies Act 71 of 2008 reflects CSR in several provisions, integrating
stakeholder-oriented governance principles:
1. Section 7(d) states that one of the purposes of the Act is to reaffirm the concept of the company
as a means of achieving economic and social benefits. This indicates that companies are
Disclaimer:
All materials are for study assistance only. We do not condone academic dishonesty. Use at your own risk.
We are not liable for any consequences arising from misuse.
Redistribution, resale, or sharing without permission is prohibited.
