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Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI) are closely connected. CSI is a part of CSR, and they both promote responsible business. That is why, when it comes to their advantages to businesses, there is hardly a difference… Continue Reading →
In the previous post, “What is a Stakeholder?” we defined the term ‘Stakeholder’ and differentiated it from ‘Shareholder’. Now, we are going to look at 6 common examples of stakeholders that are found in business. We will look at 3… Continue Reading →
Definition of Stakeholder What is a stakeholder? In business, a stakeholder is any individual, group or organisation that is influenced by (or influences) an organisation’s actions. They have an interest in the organisation and its performance. They can be within… Continue Reading →
In an exam, you might be asked to name FOUR or FIVE components of Corporate Social Responsibility. This is an easy way of getting more marks for yourself. You can simply name any of the components listed below, and you… Continue Reading →
Still confused about the difference between CSI (Corporate Social Investment) and CSR (Corporate Social Responsibility)? Look at these real-world examples of CSI and CSR, from Google and GrandWest; a South African casino and entertainment resort. See if you can identify… Continue Reading →
We are going to define Corporate Social Investment (CSI) and Corporate Social Responsibility (CSR). Then, we will compare the two, so that you clearly understand the difference between CSR and CSI. Definition of Corporate Social Responsibility (CSR) Deloitte describes CSR… Continue Reading →
Understanding the triple bottom line is fundamental to understanding Corporate Social Responsibility (CSR), but what is it exactly? The traditional bottom line of business The main purpose of a business is to generate a profitable income for its shareholders. That’s… Continue Reading →
Before we get into the definition of CSR, let’s start with a simple break down of the words in the term Corporate Social Responsibility: Corporate : Business Social : The community and the environment Responsibility : What you need… Continue Reading →
This is the Business Studies Grade 12 Annual Teaching Plan, as it appears in the Curriculum Assessment Policy Statements (CAPS) for the subject. It provides an outline of topics to cover throughout the Grade 12 year. It gives teachers and… Continue Reading →
The Business Studies Grade 11 Annual Teaching Plan provides an outline of topics to cover each week. It gives you an understanding of the pace that you need to keep. You will also see that CAPS aligned Business Studies textbooks… Continue Reading →