Corporate Social Responsibility

All businesses should learn and practice corporate social responsibility because it is not only beneficial for

the companies but also to the community. Imbibing corporate social responsibility has benefits to a business

such as better recognition, positive business reputation, increased sales and customer loyalty, operational

costs savings, better financial performance and they will have good relation to the public so that the

customers will patronize their product and service. (Murray, 2013)

Economic Responsibility

Bufflegram is a business that keeps its alignment of goals to further attain the projected forecast

of the business. Hence, the broad contribution of the business to the industry and economy is a big

factor in the standing of the location it is based which is Taytay, Rizal. It is also a business’ general

objective to minimize its cost and maximize profit so that the firm will continuously gain or

increase its income. In Bufflegram, the profitability depends on the success or failure of

promotions, wherein the mere knowledge of the business about the marketing industry will be a

strategic edge to its competitors. Second is conservation, as part of the brands ethical responsibility

of the business is the proper management of waste which will be adapting by the business. Lastly,

Price will be the honest implementation the brand will issuing.

To help job-seeker especially in Taytay, the business will be providing employment opportunities,

even those who didn’t have a degree in college because the job requires minimum requirements.

For the larger scale of Economy, Bufflegram will be beneficial for the changes in the GDP or

Gross Domestic Product and GNP or Gross National Product of the country, Philippines. As one

of the small business enterprise, 99.57% is the expected contribution to the economy. Since the

brand is a manufacturing business in lined with the hybrid industry, various changes may differ

the purchase and expenditure behavior of the business in producing products.

Legal Responsibility

“Compliance” refers to a company meeting its legal obligations, often to protect the health, safety

and welfare of others. Simple examples of compliance include obtaining a business license in your

town and paying your taxes. Compliance issues become more complex as your business grows.

The first thing that a business should comply with is the additional tax they should incorporate

with the products they sell. Here are the kinds of taxes the business will take into consideration:

 Value Added Tax (VAT) is a business tax imposed and collected from the seller. It is an

indirect tax thus; it can be passed on to the buyer. The Value Added Tax will provide

stronger incentives, potential for raising large amounts of revenue at a low rate, and it

will help the economy to bring a better balance tax system.

 Withholding tax is applicable only to those small businesses with salaried employees

and third-party contractors and this also includes lessors for office rent.

 Tax Reform for Acceleration and Inclusion. This law focuses on the increased tax on

the sweetened beverages or any sugary products. Since the business offers sweet, the

proponents should follow the said law, for this will enter the safety of the food in terms

of health where the sugary products may harm the people.

Since Bufflegram is a Taytay-based business, it is a must for the proponents to follow the

ordinance of the province such as Proper Waste Disposal and Segregation and de-clogging

activities, especially in the flood-prone areas. It will also help the business to be more sanitize and

clean, in order to obey the Republic Act No. 10611 which focuses on the food safety regulatory

system. Another is a regulation on food and beverage sanitation. Republic Act No. 10611, an act

to strengthen the food safety regulatory system in the country to protect consumer health and

facilitate market access of local foods and food products, and for other purposes. As a business in
food industry, a clean and well sanitized working area should be observed at all times since this is

one of the major rule that is needed to be followed by the business.

The Presidential Decree No. 442 known as the Labor Code of the Philippines consists of

all employee-employer relations, their right and obligations. As for the business, the adaptation of

the Payroll Salary Compensations and Benefits is highly attained for the betterment of the

employees. The following are the adapted laws of the business to ease the gap of the employee

and employers and avoid resigning employees:

 Wage Rationalization Act (Republic Act No. 6727), which is orders every business to

follow the set minimum wage rates applicable per region, province and industry sectors.

 The Premium Pay, Holiday Pay and Overtime are paid by the business which will depend

on the number of hours the employee had overtime and on what day of the holiday the

employee worked.

 The mandatory taxes and benefits should be deducted in the right amount based on the

table based from the implementation of the government.

 Parental Leaves and other kinds of leaves, 13th month pay, and separation pay should be

rightfully given by the business.

Ethical Responsibility

Setting clear moral standards are being maintained to be an ethically responsible company.

Bufflegram will create and enforce a code of conduct that ensures employees treat customers

fairly. To avoid even the appearance of unethical behavior, as a company and as a worker or

employee, the firm will use start with being environmental friendly by doing waste

management and recycling.

The ethical pricing statement should be reviewed periodically to ensure guidelines are

followed. With Bufflegram, will implement a fair price for the products, adding 60% mark-up

only as per accordance with the law. Aside from that, environmental sustainability and the

business don’t always go hand in hand, especially when it comes to product packaging. Even

though the business uses plastic cup for the packaging, it will be in good use after since it can

be recycled or upcycled. It is also the responsibility of the business to protect the consumers

from harm that’s why food and beverage sanitation and waste segregation will be instigated.

The collection of garbage will be done by local government. Lastly, healthy competition should

be present in the industry. These ethical responsibilities, if fulfilled, will surely help a business

to grow harmoniously.

Philanthropic Responsibility

A company that practices corporate social responsibility (CSR) embraces responsibility for

its actions and, through its activities; positively affects the environment, society, consumers,

employees, communities, and other stakeholders. One type of CSR is philanthropic giving.

Despite of all the difficulties and hard work that a business had executed, the deepening of the

responsibility of the brand is to contribute to various programs and activities that supports

charities, orphanages and the likes.

Institution Program Community Activity Budget

Orphanage “Health” feeding program 150 children Every three months especially every

peak season. Php 12,000.00

Table 38 Program for CSR

Corporate philanthropy can involve donating funds, goods, or services to another

organization or cause. Listed on the table above is the chosen contribution to the society that
the business will address. The provision of the funds will come from the business itself. The

business is known to have fair costing of their beverages; Hence, every purchase of an

individual may contribute to the charitable purpose of the business in helping the needy.

Various promos may also include to the success of the operation since its purpose is to provide

charitable funds in attainment of the CSR practice of the business.