Digested Journal#7
Digested Journal#7
Digested Journal#7
SWOT Analysis:
STRENGTHS: WEAKNESSES:
1. Several CSR actions has been 1. Decrease in demands from
implemented which may be useful secondary and tertiary sectors.
for comparison. 2. CSR design enhancements
2. Faster execution of improvements requires increase in resources
3. Cooperation among big countries
and coalition of states for health
and financial recovery
OPPORTUNITIES: THREATS:
1. CSR actions may be used as 1. CSR initiatives are dependent with
prototype of other companies country’s statutes and laws which
which increases level of publicity. are susceptible to change
2. CSR actions are adhered towards 2. Different implementation of health
the benefit of stakeholders which systems per nation
may result to brand loyalty 3. Worldwide health and financial
crisis
4. Corporations worked on to be
competitive rather than
cooperative to stay afloat
PROS and CONS to Alternative Action:
ALTERNATIVE ACTION PROS CONS
Implement innovative Applicability to the Requires research
tactical CSR actions current issue at & development per
based on current issues hand issue encountered
Flexibility of which may affect
activities timeliness
Does not Short-term
necessarily need No correlation with
long-term core activities
commitment of
resources and
employees
References:
Gravelle JG and Marples DJ. (2021). Fiscal Policy and Recovery from the COVID-19
Recession (p.23). Congressional Research Service.
https://crsreports.congress.gov/product/pdf/R/R46460
Mc Williams, A., & Siegel, D. S. (2011). Creating and capturing value: Strategic
corporate social responsibility, resource-based theory, and sustainable
competitive advantage. Journal of Management, 37(5), 1480-1495.
Sethi, S.P. (1979). A conceptual framework for environmental analysis of social issues
and evaluation of business response patterns. Academy of Management
Review, 4, 63-74