This assessment is designed to enable students to analyse global business environment of MNEs by applying theories and concepts discussed in the course

INTERNATIONAL BUSINESS
ASSESSMENT TASK 2: COUNTRY ANALYSIS
CORPORATE SOCIAL RESPONSIBILITY ISSUES IN AUSTRALIA AND NEW ZEALAND BUSINESSES
Executive Summary
Corporate Social Responsibility is one of the most important aspects of today’s organisational functioning. The discussion will be made in this report regarding the importance of CSR in an organisation. The discussions will be made regarding the present situation of CSR and practice with respect to the companies in Australia and New Zealand. Further, the discussion will be made on the context of the companies based in Australia and New Zealand. Further, the importance of the theoretical aspects of the CSR and their impact over the organisation will be discussed and how the companies can implement them and make a profitable and sustainable growth.
Table of Contents
Executive Summary    2
Introduction    4
Recent Trends of CSR in the Two Countries    4
Corporate Social Responsibility Trends in Australia    4
Corporate Social Responsibility Trends in New Zealand    5
Assessing the Impact of Corporate Social Responsibility Issues on Multinational Enterprises (MNEs) Operating in these Two Countries    5
Impact of CSR Issues on Australian and New Zealand Companies    5
Theories Supporting the Analysis    6
Possible Consequences of Corporate Social Responsibility on MNEs of Australia and New Zealand    7
Consequences    7
Solutions for Appropriate Responses to these Consequences    7
Conclusion    8
Reflection    8
References    10
Introduction
Corporate social responsibility is one of the most important aspects of any company because it deals with the interest of all stakeholders, which includes the investors, suppliers, consumers, employees of the company and the community where the company is operating because it is the social responsibility of the company, to look after the place, where they are operating. This report is about the comparison between corporate social responsibilities (CSR) of two countries, that is Australia and New Zealand. Further, the discussion will made regarding the impact of CSR in companies of Australia and New Zealand along with the proper use of theories.
Recent Trends of CSR in the Two Countries
Corporate Social Responsibility Trends in Australia
In the global scenario, it can be seen that companies are now taking responsibilities of society while operating just rather than simply focusing on their finances. However many companies are still not have adopted yet this responsibility and still many countries are lacking back regarding this respect while practicing their responsibilities. In Australian companies according to Business Insider Australia (April 19, 2018) that only 23 percent of the companies are ready to show their social responsibility as a priority reflected in their corporate strategy (Business Insider, 2018).
This number is very low; however, the mentality is changing with respect to the corporate social responsibility. Around 86 percent of the companies are now looking forward to keep CSR as their priority (Business Insider, 2018). As the fact arises the more a company will be socially responsible the more they will be connected to the society and that will improve their reputation and sustainability in the market. Further, the repost suggested that 90 percent of the Australian businesses are jointly ranked a connected workplace and C-suite collaborations as their prime strategic priorities for the future (Business Insider, 2018). This collaboration will help them to face and overcome the challenges in the future.
Further, in the reports, it has been seen that the increasingly amount of emphasis is given on the collaboration among the leaders of the Australian companies as the power of network of teams will help them to tackle effectively the challenges of human capital challenges. Thus, the above initiatives if applied properly will build a more social enterprise and create an environment to attract the right talent and the drive for loyalty, which will lead the charge and sustain the long-term growth.
Corporate Social Responsibility Trends in New Zealand
New Zealand is a small population country with low-density population country. Khan and Lockhart (2019) stated that the major earners for this country come from the agricultural products of about 20 percent GDP and tourism products of about 9 percent GDP (Business Insider, 2018). New Zealand has a highest rate of renewable energy supply in the developed countries. However, with respect to the corporate social responsibility of the companies in New Zealand, only 16 percent of the companies are reporting their CSR activities (New Zealand Management, 2014).
This is a significant lower amount of data that shows that the companies of New Zealand are not concerned towards their social responsibilities while doing business. However, it has been seen that despite the low figures of the CSR initiatives, companies do take part in the various kinds of social causes and initiatives and they do take collect funds with that respect to support these initiatives. The survey also shows that around 77 percent of the New Zealand companies are donating money to the community causes or charities (Business Insider, 2018).
75-percent of them donate products to the charitable organisations and communities and around 65 percent of companies do participate in the community or...