Purchase Solution

Responsible Business in the 21st Century

Not what you're looking for?

Ask Custom Question

Can anyone help me out please.

The final project step for this unit is to analyze your CSR report for social accounting. To do this you should write up an analysis that addresses the following questions.

1. In what ways is the company that you are analyzing applying social cost accounting? Give specific examples.
2. Are they using financial indicators to measure social and environmental costs? Describe how they are doing this, giving examples.
3. Where do they define the boundaries of their responsibility for accounting for costs?
4. Is this adequate in your mind? Explain.
5. Do they recognize areas where they can improve their social accounting in the future?

Purchase this Solution
Solution Summary

Responsible business in the 21st Century is examined. Financial indicators to measure social and environmental costs are determined.

Solution Preview

ANSWERS

Walmart, Inc.: Social Cost Accounting

Question 1
Admittedly, fully accounting for all the financial, environmental and social costs of doing business is difficult particularly for an organization operating in so many different locations and providing thousands of products. Nevertheless, the retail giant had incorporated several environmental costs into its financial reports. For example, it has recognized as period expense its contribution to the SCAQMD (or California South Coast Air Quality Management District) fund. However, this was ...

Purchase this Solution
Free BrainMass Quizzes
Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

View More Free Quizzes
Related BrainMass Solutions

  • Leadership summary

    Leaders in the 21st century are open to providing all employees with ethical and socially responsible leadership that incorporates servant leadership into the organizational fold, and this allows the organization to operate in accordance with the 21st

  • Business Ethics Century Perspectives Demand

    A problem that 21st century corporations face is engaging in Corporate Socially Responsible practices on a consistent basis.

  • leadership and business world

    In the 21st century, leaders must engage in Corporate Socially Responsible leadership wherein they are able to ensure that they focus on the environment, the understanding of broader social and environmental implications associated with their decision-making

  • Management Theory & Practice

    • What is the purpose of the publicly traded organization in the 21st century?

  • Financial Management

    In the 21st century, all the organizations want to expand their business and capture the opportunities (Baggaley, 2003).

  • Stragetic plan for 21st Century Fox

    In the competitive business world, 21st Century Fox is struggling with itself and is constantly trying to increase their audience.

  • decision to internationalize a company

    The two that are most important one in the firms' decision to internationalize in the 21st Century are Increased market size and Return on Investment. Explain reasons with reference to current international business conditions.

  • Public Sector Human Resource Management Challenges in the 21st Centry

    The expert examines public sector human resource management challenges in the 21st century.

  • The Future of Leadership

    What qualities do future leaders need to meet the challenges of the 21st century? The Guardian Professional Network. Retrieved on March 14, 2013, from http://www.guardian.co.uk/sustainable-business/future-leaders-sustainability-21st-century.

  • Globalization in 21st century been a positive or negative trend

    242665 Has globalization in 21st century been a positive or negative trend? Globalization in the 21st century has increased competition between nations for investment, technology, and labor. Do you believe this to be a positive or negative trend?

View More Related Solutions