Question 3 Singtel has been recognised as one of the World's Most Ethical Companies 2022 by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Singtel may work towards increasing profit for its shareholders. However, its stakeholders have ethical expectations for Singtel business as part of its Corporate Social Responsibility (CSR) in terms of what it should do for the sake of society. (a) Illustrate the four responsibilities expected by the stakeholders of Singtel as part of its CSR journey. Your answer should consider the primary and secondary stakeholders of Singtel and link them to the discussion on four responsibilities of its CSR. (b) Interpret the importance of Singtel's sustainability efforts to address climate change, workplace diversity and capital allocation for appealing to its stakeholders. LOG311 Copyright © 2022 Singapore University of Social Sciences (SUSS) TOA-July Semester 2022 Page 4 of 5 Question 4 "The proper guardians of the public interest are governments, which are accountable to all citizens. It is the job of elected politicians to set goals for regulators, to deal with externalities, to mediate among different interests, to attend to the demand of social justice, to provide the public goods and to organise resources accordingly" -Clive Crook. (a) Demonstrate Singapore government's motivation and the approaches it adopts to promote corporate social responsibility and curb corporate social irresponsibility. Your answer should highlight motivations of Singapore government and discuss regulatory and non-regulatory approaches adopted by it citing examples. (b) Appraise the benefits of corporate social responsibility strategy outcome for NTUC FairPrice. Your answer should link corporate social responsibility outcome to its employees, customers, and the community at large.
Question 3 Singtel has been recognised as one of the World's Most Ethical Companies 2022 by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Singtel may work towards increasing profit for its shareholders. However, its stakeholders have ethical expectations for Singtel business as part of its Corporate Social Responsibility (CSR) in terms of what it should do for the sake of society. (a) Illustrate the four responsibilities expected by the stakeholders of Singtel as part of its CSR journey. Your answer should consider the primary and secondary stakeholders of Singtel and link them to the discussion on four responsibilities of its CSR. (b) Interpret the importance of Singtel's sustainability efforts to address climate change, workplace diversity and capital allocation for appealing to its stakeholders. LOG311 Copyright © 2022 Singapore University of Social Sciences (SUSS) TOA-July Semester 2022 Page 4 of 5 Question 4 "The proper guardians of the public interest are governments, which are accountable to all citizens. It is the job of elected politicians to set goals for regulators, to deal with externalities, to mediate among different interests, to attend to the demand of social justice, to provide the public goods and to organise resources accordingly" -Clive Crook. (a) Demonstrate Singapore government's motivation and the approaches it adopts to promote corporate social responsibility and curb corporate social irresponsibility. Your answer should highlight motivations of Singapore government and discuss regulatory and non-regulatory approaches adopted by it citing examples. (b) Appraise the benefits of corporate social responsibility strategy outcome for NTUC FairPrice. Your answer should link corporate social responsibility outcome to its employees, customers, and the community at large.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Question 3
Singtel has been recognised as one of the World's Most Ethical Companies 2022 by
Ethisphere, a global leader in defining and advancing the standards of ethical business
practices. Singtel may work towards increasing profit for its shareholders. However, its
stakeholders have ethical expectations for Singtel business as part of its Corporate Social
Responsibility (CSR) in terms of what it should do for the sake of society.
(a) Illustrate the four responsibilities expected by the stakeholders of Singtel as part of its
CSR journey.
Your answer should consider the primary and secondary stakeholders of Singtel and link
them to the discussion on four responsibilities of its CSR.
(b) Interpret the importance of Singtel's sustainability efforts to address climate change,
workplace diversity and capital allocation for appealing to its stakeholders.
LOG311 Copyright © 2022 Singapore University of Social Sciences (SUSS)
TOA-July Semester 2022
Page 4 of 5
Question 4
"The proper guardians of the public interest are governments, which are accountable to all
citizens. It is the job of elected politicians to set goals for regulators, to deal with
externalities, to mediate among different interests, to attend to the demand of social justice,
to provide the public goods and to organise resources accordingly" -Clive Crook.
(a) Demonstrate Singapore government's motivation and the approaches it adopts to
promote corporate social responsibility and curb corporate social irresponsibility.
Your answer should highlight motivations of Singapore government and discuss regulatory
and non-regulatory approaches adopted by it citing examples.
(b) Appraise the benefits of corporate social responsibility strategy outcome for NTUC
FairPrice.
Your answer should link corporate social responsibility outcome to its employees,
customers, and the community at large.
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