Social Report Analysis
Question Preview:Select two companies that produce social reports and whose values are identified on their websites or in other company documents (that are publicly available). The two companies selected by your group must be either:(a) From different industries but in the same country, or(b) From the same industry but different countries. You are required to submit responses to the following questions: 1) Identify and describe the two companies you have researched; their core business activities and the countries and/or industries in which they operate. 2) What differences are evident between the two...
Solution Preview:In the globalized business world, becoming socially active is important to stay firm in the business operations and achieve a competitive advantage in the market (Marano & Kostova, 2016).It has been known that socially responsible companies often get the benefit to gain brand image with the help of media coverage and word-of-mouth marketing. Helping the environment and feeding the poor are some of the common Corporate Social Responsibility (CSR) practices undertaken by various multinational corporations.The present report is based on the CSR performance of the two selected organisations namely Microsoft. The writing demonstrates their value framework along with the description of the unique CSR activities carried out by both the firms. In a group of 4 members, the companies have been selected, and individual views on their social responsibility practices have been discussed.
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.