What do you think india holds a competitive advantage

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Reference no: EM133339254

Case Study: CSR is mandatory for medium and large firms in India. Water shortages plague India.
Businesses' CSR departments are recreating ancient water institutions to solve the water crisis and give communities authority over their water. Ambuja Cement Foundation (ACF) is the CSR arm of industry leader Ambuja Cements Limited. To improve water access and year-round capacity, ACF is restoring and maintaining historic water structures across India by tackling siltation and leakages. ACF also educates residents about water conservation and structural maintenance, monitoring, and repair. ACF's community education includes water quality audits. ACF educates on water quality and health dangers. Community water audits teach sustainability.

Questions:

1 Do you think India holds a competitive advantage over other countries because all their businesses must have CSR incorporated into them by law for medium to large businesses? Do you think smaller businesses should also incorporate this mandated law as well?

2 How should India hold companies accountable when crises such as the water shortage appear? Do you think that they should implement more strategic ways in the future to make sure the chances of this occurring again is very slim?

Reference no: EM133339254

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