My proposed business idea: An app that helps gym-goers enhance their training and meet new people at the same time. Unique selling point: Assist users to match and find the most suited individual for...

My proposed business idea: An app that helps gym-goers enhance their training and meet new people at the same time.
Unique selling point: Assist users to match and find the most suited individual for workouts
Targeted market: Gym-goers, people who are interested to keep fit and at the same time want to meet new people.
Q17. Define CSR in your business setting (2 marks)
Approach to Corporate Social Responsibility (CSR)
This question and the following 3 questions require you to provide a 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 company.
Requirements:
a) Provide a general definition of CSR from research
) Define CSR in your business setting
word guide: 200 words
Q18. Environmental
esource impacts (2 marks)
Explain how does your business impact (negatively or positively or both) the environment. E.g. a particular manufacturing process may contribute negatively on the local water supply. E.g Cloud-based apps can save packaging
Then describe the potential CSR impacts actions that support or mitigate. (This means, if your business is
inging positive impact(s), what action(s) you will use to further enhance it/them or if your business is
inging negative impact(s), what action(s) you will use to reduce or mitigate it/them)
Word guide: 200 words
Q19. Community impact & engagement (2 marks)
Explain how does your business impact (negatively or positively or both) on community/communities? Then describe the potential CSR impacts actions that support or mitigate. (This means, if your business is
inging positive impact(s), what action(s) you will use to further enhance it/them or if your business is
inging negative impact(s), what action(s) you will use to reduce or mitigate it/them)
Word guide: 200 words
Q20. Internal stakeholders (2 marks)
Identify stakeholder(s) and explain how does your business impact (positively or negatively or both) the internal stakeholder(s).
Then describe the potential CSR impacts actions that support or mitigate. (This means, if your business is
inging positive impact(s), what action(s) you will use to further enhance it/them or if your business is
inging negative impact(s), what action(s) you will use to reduce or mitigate it/them)
Word guide: 200 words
Q21. Testing your research skill (2 marks)
Find an existing (real) competitor business (or 1 closely aligned to your business), review and comment on their approach to sustainability.
Word Guide: 150 words
Q22. Describe how the success of your business idea will be measured (1 mark)
Provide a short general report to managers and stakeholders demonstrating how the financial and non-financial performance of your company and business idea will be measured. Make sure you state your core values (social, environmental and financial).
Word guide: 100 words
Q23. Performance Measure - Financial (1 mark)
To answer this question, make sure you:
a) List 1 financial measure
) Explain why do you think it's important to measure it.
No actual/fictitious number is required.
Word guide: 100 words
Q24. Performance Measure - Non-financial 1 (2 marks)
To answer this question, make sure you:
a) List 1 non-financial measure which is linked to the Sustainability Development Goals (SDGs) and is relevant to your business (make sure you search SDGs and use the reference source required in your reference list).
) Explain why do you think this measure is linked to the selected SDG.
c) Explain why the measure is important to your business.
No actual/fictitious number is required.
Word guide: 100 words
Q25. Performance Measure - Non-financial 2 (2 marks)
To answer this question, make sure you:
a) List 1 non-financial measure which is linked to the Sustainability Development Goals (SDGs) and is relevant to your business (make sure you search SDGs and use the reference source required in your reference list).
) Explain why do you think this measure is linked to the selected SDG.
c) Explain why the measure is important to your business.
No actual/fictitious number is required.
Word guide: 100 words
Q26. Performance Measure - Non-financial 3 (2 marks)
To answer this question, make sure you:
a) List 1 non-financial measure which is linked to the Sustainability Development Goals (SDGs) and is relevant to your business (make sure you search SDGs and use the reference source required in your reference list).
) Explain why do you think this measure is linked to the selected SDG.
c) Explain why the measure is important to your business.
No actual/fictitious number is required.
Word guide: 100 words
Q27. Ethic question (4 marks)
Describe one ethical dilemma that an accountant in your business might face. Apply the conceptual framework in the Code of Ethics for Professional Accountants to the potential ethical dilemma you have described, by identifying and describing the threats that might result in non-compliance with the fundamental principles of the code, and how the accountant could evaluate and address the threat(s).
Word guide: 200 words
References (3 marks)
Your referencing style should be RMIT Harvard.
Make sure you include at least 6 references for the whole business report.
References can only be: Journal Article, Industry Report and Textbook

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