VU VICKY Virtual University Assignment Solution, Past Papers, Handouts and other material

MGT610

Question# 01Narrate any three affirmative effects that CSR may have on consumer’s perception.

Answer:

Satisfaction with CSR initiatives therefore becomes a key metric of the successful development and implementation of a CSR policy.

Consumers perceived a company to be socially responsible was related to both the basic transactional outcomes of purchase intentions and the like hood to switch to a competitor and complain about the CSR price increase.

Question # 02 Describe any five steps that an organization may take to implement internal CSR.

Answer:

Set the goal and the objective of business.

Engage employees & stakeholders.

Create effective communication plan.

Set responsibilities and authorization

Question # 03 Describe any five steps that an organization may take to implement external CSR.

Answer:

Set the goal and the objective of business.

Get quality and depth information.

Start by creating a budget for corporate social responsibility initiatives.

Identify opportunity for improvement.

Question # 04 How CEO’s communication on social media sites may have positive impacts on stakeholders of an organization? Narrate any three points to justify your answer.

Answer:

CEO’s communication on social media sites shows the image of the organization following are the positive impacts on stakeholders.

Entrepreneurial orientation and leadership had a positive impact on stakeholder of the organization they feel their investments in safe hand.

Short tenured CEO’s were more engaged in building and consolidating networks with specific stakeholder.