Assignment

Running Head: BUGEN 5930        1
BUGEN 5930        3
BUGEN 5930 – Business, Society and the Planet
Final Assessment Task - Individual Written Assignment
Table of Contents
Part A    3
Introduction    3
Corporate Social Responsibility    3
Reflection    3
Part B    4
Q1    4
Q2    5
Q3    6
Part C    7
Question C1    7
Question C2    8
Question C3    9
Question C4    10
References    13
Part A
Introduction
Thomas Beschomer is a professor of corporate social responsibility and his schooling is SHSS that is School of Humanities and Social Science and IWE that is Institute for Business Ethics. He is residing in Schweiz and from 1986-1989 he pursued professional training in whole sale and foreign trade. And from 2007-2009 he was inaugurated DAAD professor at the University of Montreal and since 2011 he is professor of business ethics and the director of the institute for the business ethics at the University of St. Gallen.
Corporate Social Responsibility
Corporate social responsibility is a self regulating organisation practice that helpful for the company to become a socially accountable. And it is a broad concept that could vary according to company to company (Brancoli, Rousta & Bolton, 2017). CSR activities is very beneficial in order to create the stronger bond between, the corporate executives and employees. It have a ultimate goal to boost the morale of the employees and keep engaging them in the working environment that help them to be more connected with the activities in the organization. CSR activities is useful for both that is consumers as well as companies (Grayson & Hodges, 2017).
As far as employees morale is concerned so the CSR activities is a great way to boost for same. Besides that corporate social responsibility is the way to enhance the environmental and social goals into the business operations. There are certain ways or the common roles of same which is beneficial for focusing to attract the top talent executives for the company, and focusing on the long term revenue success and help to controlling the cost that leads to improve the company’s brand (Bridoux & Stoelhorst, 2019).
Reflection
It plays a more important role in the globe as well as for me and it is a new initiative in the corporate executives get comprises the social and environmental concerns for their strategies (Derakhshan, Turner & Mancini, 2019). CSR strategy considered as a win-win strategy that is going to benefit the society as well as company.
Part B
Q1
a.
The natural capital is defined as natural assets of the world’s stock of natural assets. It also form in the natural capital for a wide range of services of human and it is often called the eco system services which can able to make life of human possible (Demmler, Klasen, Nzuma & Qaim, 2017). Natural capital accounting denotes that it is the process of computing and the valuation of the total stocks, which considered as physical and flowing of the goods as well as services in the particular geographical space (Cavallo, Cruces & Perez-Truglia, 2017).
It comprises of both the terms that is monetary and physical terms. On the other side accounting that consists of physical and monetary terms that help the financial executive as well as analysts to incorporate the natural capital in terms of the planning for the development, policy making process and economic decision making. In natural capital there are certain sort of practices that are conducting on every level and also help to measure the same.
The wealth accounting it focuses world bank for the global partnership and the aims is to provide the appropriate development planning and promote the national accounts (Crane, Matten & Spence, 2019). On the other side, there is system of environmental for economic accounting it contains the concepts that are internationally agreed and also contains certain sorts of accounting principles and producing the international competitive statistics for better the relationship of economy.
b.
The large supermarkets impact the natural capital that many of the raw materials were interested in the bio based sort of materials and they also provide the divisions which meant to likely increase in the future. The large supermarket is expected to increase by 72% by 2050 tentatively for the natural capital (Demmler, Ecker & Qaim, 2018). Moreover, it is also expected and to rise the products which is related to the natural capital.
The project focuses in this sort of technique in order to integrate these kind of impacts in a more elaborative way. The technique that is related to the supermarket is beneficial for the researchers and companies to predict in more precise way about the upgraded designs and new approaches of sourcing.
Q2
a.
Social entrepreneurship is kind of any enterprise that give priority to more transforming the social impact while practising the financial sustainability. Social enterprise perhaps work for the non profit and or for the profit structure companies. The goal of the enterprises is to improve the lives of the environment and besides that how the enterprise is able to deliver the good value. Generally the main motive of the social enterprise is to provide the welfare to those people who are struggling to came out from the poverty (Jenkins, Mammides & Keane, 2017).
The foremost goal of the social enterprise is prioritize impact it stated that provide all the amenities to the people around the world whomsoever facing the poverty. On the other side there is a dedication for deeply understand the problem for keeping impact the priority that how the problem going to improve and the people affected to it.
There is a tool of the social enterprise in order to tackle the situation and allow access to succeed over the same. The tool is theory of change this activity is beneficial to understand the impact of the social enterprise activities whether it is for short term or the long term. And help to understand the concept that how the actions is going to change the measurable target.
b.
As identified earlier the social enterprise have focusing more on work expounding in order to contribute the social enterprise to the SDG’s and there is a argument in the particular case that the UN sustainable development goals the biggest challenge of same (Lever, Cheetham & McEachern, 2018). Is to focusing on helping the social enterprises and the businesses, who are focusing on the same purpose and working for social purpose who can play the tackling inequality and helping to address to driving the sustainable and inclusive development (Jamali & Karam, 2018).
The contribution of the social enterprise and the entrepreneurs of the SDG’s is further addressed by the Powell 2016 and Velath 2016 both of them are belong from the sae organisation and also focuses on the entrepreneurs who are working for social enterprise for the achievement of SDG’s. Under the particular framework the aim of the...