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a) Managers regularly face decisions that have dimensions of social responsibility. Could you provide two such examples? (2 marks) b) Large companies tend to rely
a) Managers regularly face decisions that have dimensions of social responsibility. Could you provide two such examples? (2 marks) b) Large companies tend to rely on internationally recognized indicators to measure the performance of their corporate responsibility programmes. One indicator is MSCI Intangible Value Assessment (IVA), which provides research, ratings, and analysis of companies' risks and opportunities arising from ESG factors. What does E,S, and G refer to, respectively? (2 marks) c) The socioeconomic view of CSR believe that management's social responsibility goes beyond the making of profits to include protecting and improving society's welfare. Could you provide argument to support this view, for example, identify the benefits of improving CSR. (2 marks)
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