Learning Log Essay Example

EXECUTIVE SUMMARY

Corporate social responsibility (CSR) is crucial for the existence of a company because it helps in promoting economic balance and social and environmental imperatives while addressing the shareholder's expectations. It helps to cater for employee's rights and meet the acceptable standards of operation by the company.
For any organization to be successful, it must be secure financially, meet its social responsibilities to reduce negative impacts on the environment and act in accordance with societal expectations. The said factors are important than the company making money. Failure to adhere to these may lead to the company’s closure.
Corporate social responsibility is important for bringing different forms of competitive returns that is, enhancement of market and capital access, and increase in profits and sales, improved quality, and productivity operational cost savings. Financial reports are important because they show how the firm is fairing. They should just represent a basic view of the firm and not all information because detailed information may be a tool against them when it lands in the hands of competitors.
It is also a requirement of the company to keep certain information a secret n open to only a certain group of members or shareholders. Incomes should at least always be at least in positives because it is an indicator whether or not the group is making profits. Ubisoft has well-laid ambitions, and it is capable of sustainability financially in spite of the losses incurred. A financial analysis report is the best way to inform all shareholders of the group’s present state, plans, and a way forward to attain a desired target.

CHANGE IN VIEW POINT

It is more than moneymaking that makes a company thrive and operate for long. It takes meeting social responsibilities and meeting the society’s expectations, which are important. Failure of these may lead to its closure even though it is making money. Issues concerning environmental protection and preservation should be considered.
Current losses are not necessarily a reflection of the failure of a business because Ubisoft’s current losses are high, but the projections indicate improvement in the future financial year (Next financial year). Ubisoft made more from the sale of games that are aimed to be used on play station three more than any other hardware. I learn that it is best to maximize on the best selling item, market it extensively until it is gained market sustainability before embarking on a new venture.
It is also good to release a product when ready to meet the market’s expectation and satisfy demand. For example, in 2014, Ubisoft launched 37 games but only two were distributed to the market for sale. Flexibility is a necessity for longevity and sustainability in business. The fast growth of e-commerce and increased use of smartphones for purposes of gaming free play facilitated an increase in digital revenue.
When market survey is carried out well and up to date, it helps the group to know what, when and how to produce to maximize profits. It gives an age over would be competitors and lead to market dominance.

WHAT YOU WANT TO KNOW AND HOPED TO LEARN

How the cash inflows would be improved and how the company can be sustained when its status is operating on losses and loans.