On 8th March, the day Zambia observed Women’s Day, the Vice President of the Republic of Zambia, was a Guest of Honour at a ceremony at which Zambia Minerals Limited handed over to the people of Zambia a hospital it had constructed. In her speech, the Vice President thanked the management of Zambia Minerals Limited and implored other companies to emulate the gesture by Zambia Minerals Limited. A minority shareholder of Zambia Minerals Limited is however sceptical of the company having spent money to build a clinic. Required: I. What is the significance of corporate social responsibility to a company’s strategy? II. Advance two (2) arguments in support of the minority shareholder and two (2) arguments in support of the action taken by Zambia Minerals Limited to build a clinic for the people of Zambia.
On 8th March, the day Zambia observed Women’s Day, the Vice President of the Republic of Zambia, was a Guest of Honour at a ceremony at which Zambia Minerals Limited handed over to the people of Zambia a hospital it had constructed. In her speech, the Vice President thanked the management of Zambia Minerals Limited and implored other companies to emulate the gesture by Zambia Minerals Limited. A minority shareholder of Zambia Minerals Limited is however sceptical of the company having spent money to build a clinic. Required: I. What is the significance of corporate social responsibility to a company’s strategy? II. Advance two (2) arguments in support of the minority shareholder and two (2) arguments in support of the action taken by Zambia Minerals Limited to build a clinic for the people of Zambia.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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On 8th March, the day Zambia observed Women’s Day, the Vice President of the Republic of Zambia, was a Guest of Honour at a ceremony at which Zambia Minerals Limited handed over to the people of Zambia a hospital it had constructed. In her speech, the Vice President thanked the management of Zambia Minerals Limited and implored other companies to emulate the gesture by Zambia Minerals Limited.
A minority shareholder of Zambia Minerals Limited is however sceptical of the company having spent money to build a clinic.
Required:
I. What is the significance of corporate social responsibility to a company’s strategy?
II. Advance two (2) arguments in support of the minority shareholder and two (2) arguments in support of the action taken by Zambia Minerals Limited to build a clinic for the people of Zambia.
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