Answer to Question #231501 in Economics for Bea

Question

South African Breweries(SAB) is the South African subsidiary of SABMiller . SAB is the second largest listed company on the Johannesburg Stock Exchange and one of South African's manufacturing firms .

The SAB Zenele BBBEE-transaction announced in June 2009 , placed 8 45% of the company's shares under black ownership . Approximately 88% of the employees in the liquor industry , and it's direct suppliers , are from previously disadvantage backgrounds.

The statement above describes the concept of _____

(a) corporate social investment

(b) employment equity

(c) consumerism

(d) sustainability

Answer 1

(a) corporate social investment