Corporate social resp

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© 2020 CENTENNIALCOLLEGE.CA All rights reserved. 1

Course Code: INTL 710
Course Name: Corporate Social Responsibility and International Development

Assignment #2: CASE STUDY – Capitalism

Assignment #2 is based on the capitalism case study in the textbook, Corporate Social Responsibility
(Chandler, 2020), pages 95-106. You may work individually or in groups to complete this assignment.
Your professor will decide the number of students per group. If you work in a group, only one member
of the group needs to submit the paper on eCentennial – please include the name of each member of
your group on the cover page.

Instructions:

• Read the case study on pages 95-106 of the textbook.

• Answer the following questions from page 106 of the textbook.

1. “The Occupy Wall Street campaign (http://occupywallst.org/) was a success.” Do you agree or
disagree? Why or why not?

2. After reading this case, what do you think were the main causes of the Financial Crisis? Has
anything changed today?

3. How can a firm motivate salespeople who work on commission (as many mortgage brokers did in
the run-up to the Financial Crisis) to sell products that are in their customers’ interests rather than
their own?

4. Consider how many credit cards you carry, and how many loans you’ve taken out. Do you think that
reform of the credit-fueled economic model in the West is essential for a more equitable global
economy?

Requirements:

• Each answer should be approximately ½ page, single spaced, size 12 font.
• Each answer should include information from the textbook and online lecture as applicable.
• Include a cover page with your name(s) and student number.
• All pages should be numbered.
• Include in-text citations with a reference page, following the APA 7th edition citation guide – this is a

formal paper.

in Module 5. Good luck!

Complete and submit this assignment on eCentennial by due date. Review course website and calendar
for all assignments due dates. This assignment is worth 15% of your final mark.

Please submit your assignment in the Assignment #2 submission folder on eCentennial by due date and time

Due in Module 5. Review course website and calendar for all assignments due date and time .

http://occupywallst.org/

Vida Shehada

INTL 710 CENTENNIAL COLLEGE CSR and Int. Dev.

© 2020 CENTENNIALCOLLEGE.CA All rights reserved. 2

Marking Rubric: 30 pts, worth 15% of your final mark.

Criteria Traits Points

Excellent Good Fair Poor
Question 1
Analysis

Demonstrates
exceptional
ability to
engage in
critical thinking
and writing.
Shows
exceptional
evidence of
ability to draw
conclusions
from concepts
learned.

Demonstrates
exceptional
ability to
engage in
critical thinking
and writing.
Shows strong
evidence of
drawing
conclusions
from concepts
learned.

Minimally
demonstrates
some amount of
critical thinking
and writing.
Shows weak
evidence of
drawing
conclusions
from concepts
learned.

Fails to engage
in scholarly
thinking and
writing.

/5

Question 2
Demonstrates
knowledge and
understanding

An exceptional
grasp of subject
matter is
demonstrated,
including
understanding
of relevant
concepts and
theories related
to the topic.
Shows
exceptional
evidence of
ability to draw
conclusions
from concepts
learned.

A strong grasp
of subject
matter is
demonstrated.
Shows strong
evidence of
drawing
conclusions
from concepts
learned.

A basic grasp of
subject matter
is
demonstrated.
Most of the
content
demonstrate an
understanding
of the lesson’s
subject matter.

Content
consistently
does not
demonstrate an
understanding
of the lesson’s
subject matter
or it is non-
existent.

/5

Question 3
Demonstrates
knowledge and
understanding

An exceptional
grasp of subject
matter is
demonstrated,
including
understanding
of relevant
concepts and
theories related
to the topic.
Shows
exceptional
evidence of
ability to draw
conclusions
from concepts
learned.

A strong grasp
of subject
matter is
demonstrated.
Shows strong
evidence of
drawing
conclusions
from concepts
learned.

A basic grasp of
subject matter
is
demonstrated.
Most of the
content
demonstrate an
understanding
of the lesson’s
subject matter.

Content
consistently
does not
demonstrate an
understanding
of the lesson’s
subject matter
or it is non-
existent.

/5

INTL 710 CENTENNIAL COLLEGE CSR and Int. Dev.

© 2020 CENTENNIALCOLLEGE.CA All rights reserved. 3

Question 4
Analysis

Demonstrates
exceptional
ability to
engage in
critical thinking
and writing.
Shows
exceptional
evidence of
ability to draw
conclusions
from concepts
learned.

Demonstrates
exceptional
ability to
engage in
critical thinking
and writing.
Shows strong
evidence of
drawing
conclusions
from concepts
learned.

Minimally
demonstrates
some amount of
critical thinking
and writing.
Shows weak
evidence of
drawing
conclusions
from concepts
learned.

Fails to engage
in scholarly
thinking and
writing.

/5

Source of
Documents

Selected
documents are
exceptional
relevance and
authentic.

Selected
documents are
relevant and
authentic.

Selected
documents are
relevant, but
some are not
reliable source.

Selected
documents are
irrelevant and
not reliable
sources.

/5

Grammar,
requirements,
APA
style/format
References &
In-text citation

Virtually free
from
mechanical,
grammatical,
punctuation,
and spelling
errors. All
assignment
requirements
were met.

Added 3 or
more
references to
the text or other
resources
within the
response.
Follows
appropriate
APA formatting
with minor
errors.

Occasional
minor errors
that do not
distract the
reader. The
majority of
assignment
requirements
were met.

Added 1-2
references to
the text or other
resources
within their
response.
Follows
appropriate

APA formatting
with some
errors.

Some
significant
errors are
present, but the
meaning is
clear. Approx.
half of the
assignment
requirements
were met.

Added 1 or
fewer
references to
the text or other
resources
within their
response.

Attempts
appropriate
APA formatting
with multiple
errors.

Errors are
distracting but
the meaning of
responses is
still clear. Only
some
assignment
requirements
were met.

No references
were displayed
throughout the
content.

No attempt to
use APA
formatting is
used when
required.

/5

1

Name – Aneri Shah

Student ID – 301195625

Assignment 2 – Case Study – Capitalism

Professor – Shehada, Vida.

Submitted on -02/10/2022

1.

Through ethical business practices, these CSR actions or procedures connected to corporate social responsibility aid businesses in ensuring their legal compliance while also benefiting the environment and society at large.

Say, for example, A business with considerable income and profitability may engage in charitable endeavors. Similar to individuals, several businesses may take part in initiatives that lessen their carbon impact. These actions demonstrate the accountability of businesses.

The best way to evaluate CSR is from the perspective of the stakeholders, who encompass a diverse range of constituent groups with an interest in the firm’s profit-seeking operations. (p. 34) CSR includes all financial, legal, moral, and ethical decisions that have an impact on a company’s financial performance.

Consider two businesses, P and Q, that produce skincare items. Company P produces cruelty-free goods without subjecting them to animal testing. Company Q puts its goods through animal testing before putting them on the market. Consumers are becoming more conscious of the corporate environment as innovation increases. Consumers with greater awareness would choose to purchase goods from Company P since it demonstrates the implementation of CSR principles by protecting the environment.

2.

Due to religious perspectives on social duty, the foundation of the law and the social structure of society change over time. Respecting the rights of those who live side by side with us in this world, loving our families, and accepting friendships are all guided by moral ideals(p. 51). With the aid of Christian social responsibility, a company’s organizational structure and rules that safeguard and uphold each employee’s morals and cultural values can be created. There are several ways to integrate religion into the strategic and operational thinking of the firm.

A business may promote respect amongst religions. As a result, employee prejudice will be reduced and appreciation for religious diversity will grow as a result. Increasing the diversity of religious celebrations can promote appreciation for religious diversity. The workplace can offer a peaceful space where staff members can say their prayers. The organization can also support a flexible schedule, such as condensed workweeks, to recognize that not every employee observes the same holiday.

3.

Yes, it is right to say that religion is a delicate topic and considered taboo to discuss in the workplace because it becomes controversial and sometimes people’s sentiments are hurt. Such opinions may be held for a variety of reasons, including the notion that in secular liberal democracies, faith is seen as a personal concern, a matter of awareness, and a matter of personal conviction that has no place in public life. Even though religion is regarded as a personal matter, discussing it is not harmful as long as no one’s sentiments are offended. Maybe we shouldn’t completely avoid talking about religion at work. We must, of course, stay away from the traps of religious ideology, similarities, and extremely politicized conceptions of religion. Instead, perhaps we could try to develop a polite interest and understand a little bit about the religious beliefs of our coworkers.

The Canadian Human Rights Act and the Canadian Charter of Human Rights and Freedoms both provide for religious freedom in Canada. Unless they violate other Canadian rights and principles, such as the right to equality, legislation enacted by the government cannot impose restrictions on your ability to practice your religion. Canadian rights provide freedom of expression, thought, belief, and religion under the constitution. No one is discriminated against based on religion. Every person is granted equal protection under the law as well as the benefits of the law. Yes, in my opinion, the laws are sufficient to safeguard each person’s choice of faith.

4.

Banking system, Islamic market, Islamic insurance, the Islamic capital, and specialized financial entities that offer alternative forms of funding constitute islamic products. It is the method through which organizations and individuals raise funds in accordance with Sharia, or Islamic law (p. 50). The finance is based on the concept of a community like brotherhood and unity and encloses financial transactions in banks, non-bank financial institutions, and official and informal financial organizations. Islamic finance does not employ standard bonds since lending with interest payments is prohibited by Sharia law. Sharia-compliant bonds, on the other hand, are bond replacements. The bonds are not debt, but rather a component of an asset. Islamic finance does not use traditional bonds since it is against Sharia law to lend money with interest payments. Sukuk, or “Sharia-compliant bonds,” are an alternative to Islamic-law-compliant bonds. The bonds are an asset, not a liability.

Refrences

Islamic Economic Studies. ”

Shariah Compliant Equity Investments: An Assessment of Current Screening Norms

Tilt, C. A. (2016). Corporate social responsibility research: the importance of context. International Journal of Corporate Social Responsibility, 1(1), 1-9.

https://doi.org/10.1186/s40991-016-0003-7

Bremmer, I. (2010). The end of the free market: who wins the war between states and corporations. European View, 9(2), 249–52.