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MRL2601 Assignment 2 2025 – Due September 2025

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MRL2601 ASSIGNMENT 2 2025
SEMESTER 2 2025
DUE SEPTEMBER 2025

Question 1

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

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

Balancing stakeholder interests – ensuring that decisions account for the needs oshareholders, employees, customers, communities and the natural environment.
Acting responsibly – avoiding harm and proactively contributing to social and