- 10 Marks
CSEG – May 2016 – L2 – Q5a – Corporate social responsibility
Make a case for Corporate Social Responsibility (CSR) to help a petroleum company's board formulate an appropriate CSR strategy, focusing on benefits and rationale.
Question
You have recently been appointed head of corporate affairs of a reputable company that operates in the upstream sector of the petroleum industry in Ghana. In a recent management meeting, a disagreement arose among executives regarding the nature of the company’s philosophy and strategy towards social responsibility. In order to resolve the disagreement, you have been asked by the company’s board of directors to submit a position paper that will enable it to formulate an appropriate corporate social responsibility strategy for the company.
Required: In a brief report to the board, make a clear case for Corporate Social Responsibility (CSR) to help your company’s board formulate an appropriate CSR strategy.
Find Related Questions by Tags, levels, etc.