HC3131 Sample Assignment 1
HC3131 Assignment 1 Research Proposal (10%) and Presentation (10%)
Assignment 1 requires students to select a topic of their choice and make research proposal based on the same. Research proposal would require students to provide details for the below areas
- Title of the research- Narrow your research topic
- Basic literature review
- Research questions/research problem
- Methodology
- Sampling methodology
- Data collection
- Data analysis methods
- Gantt chart
- Conclusion
Impact of CSR in Australia
Contents
Introduction. 2
Research Topic. 3
Research Objectives and Research Questions. 3
Research Questions. 3
Reason for Selection of the proposed research Topic. 4
Duration of the project 4
Research outcome Expected. 5
References. 5
Introduction
Corporate Social Responsibility is a concept wherein companies attempt to amalgamate their social & environmental issues in their operations & shareholders interactions. There should be a balance among the environmental, social and economic together with satisfying the expectations of the stakeholders of the company by its socially responsible actions (Aguinis, 2010). There are a lot of damage which the companies do to the environment and its surrounding. Hence, it is their responsibility to give it back to the environment.
The main idea of corporate social responsibility is to put the interest of the collective above an individual. It also requires an ownership to take care of the future which includes operating with utter responsibility towards the upcoming generation which is again closely linked to nature.
Previously, companies had its focus on the profitability of the company rather than the betterment of society. These days, companies ought to begin engaging in more social causes. Hence, in order to ensure sustainable development of society, companies must engage in activities for the betterment of society like corporate social responsibility activities (Asemah, 2013).
Research Topic
The research topic for the study is “Impact of CSR on corporate in Australia”
Research Objectives and Research Questions
The objective of the research is to study Impact of CSR on corporate in Australia. There are many implications of CSR on a company. The objectives of the research are laid in such a way so that clarity can be obtained on the impact of CSR on company. The major objectives of the research are as follows:
- To understand the scope of CSR
- To have an idea about how CSR can benefit society
- To understand how triple bottom line approach helps company
- To understand how CSR can affect a company
- To understand the advantages and disadvantage of CSR for corporate
- To understand the elements which are affected by CSR
- To understand the impact of CSR on value chain of company
- To understand the type of opportunity associated with CSR for the company
Research Questions
The research questions which need to be answered by means of this study are as follows:
- What is the scope of CSR
- How CSR can benefit society
- How does triple bottom line approach helps the company
- How CSR can affect a company
- What are the advantages and disadvantage of CSR for corporate
- What are the elements which are affected by CSR
- What is the impact of CSR on value chain of the company
- What type of opportunities are associated with CSR for the company
- Should management prefer CSR
Justification for Research Topic
Companies have started working towards improving the environment. It is because of the reason that companies have damaged the environment and society because of their business operation. Hence, the companies have stated involving in corporate social responsibility to benefit all of its stakeholders. They take steps to support environment and society at large. It is necessary for the people and corporate to behave responsibly for instance, companies should focus on reducing their carbon footprint (Badiru, 2008).
CSR aims at contributing to economic development of the corporate and economy along with improving the living standard of the workforce and their families along with the local community and society as a whole by means of continuous commitment by companies to abide by the business ethics. There are many benefits of CSR which can interest the top management of the company. The company can benefit with the wellbeing of others as it benefit the employees of the company, it helps in the company’s marketing strategy etc. Hence, studying the impact of corporate social responsibility becomes important. Now most of the companies are becoming socially responsible and they try to take steps to improve the social, economical, environmental impact of its operation (Baron, 2010).
Corporate social responsibility has been a compliance requirement for many companies. Hence, it is important to understand its impact on the company. Every corporate tries to stand out of the crowd by applying certain strategies and tactics corporate get increased media coverage when they are involved in CSR activity. It is like cheap publicity for the corporate. Most of the time, media tend to cover philanthropic activities of the corporate leading to positive publicity of the company. This provides a competitive edge to the organisation which makes it crucial for us to study all the effects of CSR on the organisation (Johnson, Craig, 2009).
Duration of the project
The duration of the project is 13 weeks. There are multiple things which needs to be accomplished in these 13 weeks for the research
The tentative idea of how the project will progress in these 13 weeks is as follow:
Week 1-2: Research proposal Creation
Week 3-5: Literature Review
Week 6-7: Data Collection
Week 8-10: Data Analysis
Week 11: Finding and recommendation
Week 12-13: Report formation
Expected Research Outcome Expected
With the help of this research, we have expected to understand the impact of CSR on the company. There are various benefits of CSR to the organisation like positive publicity of the company, employee retention, partner retention, increased sales as a result of improved image of company etc.
CSR activities involve high investment by the company but the tangible and intangible return of corporate social responsibility on the company is very high. All the benefits of CSR to the company and its value chain can be highlighted with the help of this study.
References
Aguinis, H., (2010). "What We Know and Don't Know About Corporate Social Responsibility: A Review and Research Agenda." Journal of Management 38.4 (2012): 932-68. Retrieved July 23, 2017
Asemah, O. (2013). Universities and corporate social responsibility performance: An implosion of the reality. African Research Review. Vol. 7(4).
Johnson, Craig E., (2009), Meeting the Ethical Challenges of Leadership (Los Angeles: Sage, 2009).
Baron, P., (2010) The Economics and Politics of Corporate Social Performance. Rock Center for Corporate Governance, 21 Apr. 2009.
Badiru, B., (2008) Triple C Model of Project Management: Communication, Cooperation, and Coordination (Boca Raton, FL: CRC Press, 2008).
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