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YEAR 11_Decision Entries
YEAR 11_Decision Entries
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Corporate Social Responsibility and Citizenship
Below are six Corporate Social Responsibility and Citizenship initiatives that can be used to develop a “social responsibility strategy” for your company. Click on the decision entry drop-down boxes below to see the optional actions. While displaying good corporate citizenship is often considered “the right thing to do”, one good business reason to operate in a socially responsible manner is to benefit from a better image. Aggressive and astute pursuit of a social responsibility strategy over 5 years can boost your company’s Image Rating by 15 to 20 points. Which (if any) of the six actions to pursue and how much to spend is entirely voluntary. You should not feel pressured to spend anything on these initiatives—your company can be a very successful performer without spending a penny. There are other ways to boost your company’s Image Rating. In Year 10, prior management spent no money on any of the social responsibility initiatives. You are urged to click the Help button above for further information and guidance on how to use this screen.
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Mon Jan 16, 2017 3:58 pm
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Strategic Management
We need to decide our strategies and business model before making specific strategic decisions. We can also discuss our assignments here.
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