MGMT602 Business Management and Strategic Management

Essay Topic:

“Societal responsibility is a duty that businesses have to contribute towards and improve the welfare and wellbeing of the broader society in which they exist” (Schaper et al, 2014, p.107). Discuss the quotation/statement in the context of Covid-19 and SMEs.

Essay Assignment Brief:

This essay assignment is based on ‘literature review’ from credible academic journals, and NOT on a collection of newspaper reports and or opinion/conversations from social media.

1. Define/Explain ‘social responsibility’/‘duty’ in relation to SME businesses.

2. Who are those researchers who supported/concluded that social responsibility is a ‘duty’ of SME businesses; what were their rationale, sample, context etc?

3. Who are those researchers who did not support/conclude that social responsibility is a ‘duty’ of SME businesses; what were their rationale, sample, context etc? (NB: Analyse and organise the information that you have gathered from the literature reviewed in relation to 2. And 3. Above.)

4. From 2. And 3. Above, what is/are your conclusion(s), and explain your rationale (for your conclusion).