Question 10 Non-value-adding activity

Identify one (1) non-value-adding activity from your value chain and explain why you believe it does not add value

Question 11 Variable costs

Identify two (2) variable costs associated with your proposed idea/innovation/initiative and for EACH variable cost you identify, explain why you believe it is a variable cost.

No actual/fictitious number is required. 2.0

Question 12        Fixed costs

Identify two (2) fixed costs associated with your proposed idea/innovation/initiative and for EACH fixed cost you identify, explain why you believe it is a fixed cost.

No actual/fictitious number is required. 2.0

Questions 13 to 16 require you to provide answers that are used to report to stakeholders on the impact your business could potentially have on society and/or the environment. This will depend on the type of business you have selected. Remember to provide answers that are specifically related to your business!

Question 13        Approach to Corporate Social Responsibility (CSR)

What does CSR mean to the industry your business is in (from a global perspective)? What does CSR mean to your business (from a local perspective)?

Question 14        Environmental/resource impacts

(i)  Explain the impacts (negatively or positively or both) that your business could have on the environment. E.g. a particular manufacturing process may contribute negatively on the local water supply. E.g Cloud-based apps can save packaging

(ii)Then describe the actions that could be taken to support (further enhance) or mitigate (reduce) these CSR impacts.

Question 15        Community impact & engagement

(i) Explain the impacts (negatively or positively or both) that your business could have on the community/communities.

(ii) Then describe the actions that could be taken to support (further enhance) or mitigate (reduce) these CSR impacts.