Why is CSR important to business organizations? Explain in short the theories of CSR, with their respective strengths and weaknesses

Theory and Importance of CSR: Strengths and Weaknesses

Corporate Social Responsibility (CSR) plays a vital role in the business landscape by encouraging sustainable practices, fostering trust, and enhancing relationships with stakeholders. It enables organizations to bolster their reputation, attract customers, investors, and talent, while also mitigating potential risks. Furthermore, CSR stimulates innovation, boosts employee engagement, and contributes to long-term financial success, all while … Read more

What are the main advantages of Women at Work? Explain the important Corporate efforts to promote Diversity in the Workplace.

Women at Work: Advantages and Corporate Diversity Efforts

The participation of women in the workforce has demonstrated significant advantages not only for individual organizations but also for society at large. Women offer distinct perspectives, skills, and experiences that enhance productivity and drive innovation. Acknowledging these benefits, companies across the globe, including those in developing nations such as Nepal, are implementing strategies to encourage … Read more

What are the benefits of CSR to business and society? Discuss the major drivers of CSR in the developing countries like Nepal.

Corporate Social Responsibility: Benefit to Business, Society

Corporate Social Responsibility (CSR) encompasses the obligation of businesses to operate ethically, support economic growth, and enhance the well-being of employees, communities, and society as a whole. CSR fosters a symbiotic relationship that yields substantial advantages for both enterprises and the broader community. Advantages for Businesses Improved Brand Image CSR initiatives enable companies to cultivate … Read more

Bills of Exchange – Features and Importance

Bills of Exchange - Features and Importance

A bill of exchange is a negotiable financial instrument utilized in trade and commerce to facilitate secure payments between parties. It constitutes a written directive from one party (the drawer) instructing another party (the drawee) to remit a specified sum of money to a third party (the payee), either immediately (on-demand) or at a designated … Read more

What are the facilities provided to the foreign investors for investing their capital in Nepal? Discuss

What are the facilities provided to the foreign investors for investing their capital in Nepal? Discuss

The Government of Nepal has enacted various initiatives under the Foreign Investment and Technology Transfer Act of 2019 to attract foreign investors to the nation. These initiatives are designed to cultivate a conducive and secure atmosphere for foreign investments while ensuring that the country reaps the benefits of capital influx, technology transfer, and economic advancement. … Read more

Cyber Law in Nepal

Cyber Law in Nepal

Cyber law in Nepal, established under the Electronic Transactions Act, 2063 (ETA), serves as a regulatory framework aimed at overseeing the digital landscape, enhancing secure online interactions, and addressing cybercrimes. As internet usage and digital platforms proliferate in Nepal, the importance of cyber law has escalated to protect individuals, businesses, and institutions from the escalating … Read more

Trade-Related Intellectual Property Rights (TRIPs)

Trade-Related Intellectual Property Rights (TRIPs)

The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs) is a global legal framework overseen by the World Trade Organization (WTO). It establishes fundamental standards for the protection and enforcement of intellectual property (IP) rights worldwide, aiming to reconcile the interests of rights holders with the broader public good. Key Features of TRIPs Comprehensive … Read more

State five important features of Negotiable Instrument

State five important features of Negotiable Instrument

A Negotiable Instrument is a formal document that ensures the payment of a designated sum of money to the bearer or a named individual. It is designed to be transferable and serves as a substitute for cash in business transactions, thereby enhancing the efficiency of trade and credit. Common examples of negotiable instruments include checks, … Read more

State the importance of Telecommunication law in Nepalese context

State the importance of Telecommunication law in Nepalese context

Telecommunication law is essential for the regulation and management of the telecommunication sector, which is vital for the economic and social progress of any nation. In Nepal, the significance of telecommunication law is particularly pronounced due to the swift advancement of communication technologies and the growing demand for connectivity services in both urban and rural … Read more

What do you understand by Intellectual Property? Describe the types of Intellectual Property.

What do you understand by Intellectual Property? Describe the types of Intellectual Property.

Intellectual Property (IP) encompasses the creations of the intellect, including inventions, designs, brands, artistic expressions, and technological advancements, all of which are safeguarded by legal frameworks. The fundamental aim of intellectual property rights is to grant creators exclusive control over their innovations, thereby fostering creativity and stimulating economic development. By securing IP rights, creators can … Read more