3:06Ol29There are four types of corporate socialresponsibility: the economic, environmental, ethical,and philanthropic dimensions.Select an organization you worked in or anorganization that you are familiar with. Write a reportto explain the four types of corporate socialresponsibility covered in the reading and describehow each type of corporate social responsibility isapplied in the selected organization.You will be graded based on the following items:1. Explain the four types of corporate socialresponsibilities: Economic, environmental,ethical, and philanthropic.2. Explain the application of the four types ofcorporate social responsibilities in yourorganization.3. Support your information with sources andevidence.

Corporate Social Responsibility (CSR), which highlights an organization's commitment to making a…

Answered: There are four types of corporate…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

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Problem 1CE

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GIVE FEEDBACK ON EACH NUMBER SUBJECT: SOCIAL RESPONSIBILITY/ETHICS 1. Code of conduct - It tells what to do and what not to do for thewelfare of the society. It is the code of conduct which businessmen shouldfollow while conducting their normal business activities. 2. Based on moral and social values - It contains moral and socialprinciples of conduct for businessmen. This includes self-control,consumer protection and welfare, service to society, fair treatment tosocial groups, and not to exploit others. 3. Gives protection to social groups - Business ethics give protection todifferent social groups such as consumers, employees, small businessmen,government, shareholders, creditors, and other stakeholders. 4. Provides basic framework - It suggests legal, social, moral, economicand cultural limits within which business has to be operated. Businessmust be conducted within these limits. It suggests what is good and whatis bad in business.
Social Responsibility1. Describe Monsanto’s pursuits in each of the 4 types of social responsibility. Research the company online to update the information provided in the case study.2.Visit the Monsanto website to find information that is directed at 3 types of stakeholders: investors, employees, and customers. Describe the different types of information found and how it may be perceived by these different stakeholder groups.
prevaling 2. As a major stakeholder in a large company, identify and describe any five measures you will take in relation to environmental concerns and corporate sustainability. "Ethical practice is the hest nolic for the success of business in the long term "
Starting up and managing a business requires one to act responsibly and ethically at all times. It isalso imperative that one carefully considers the management team and the opportunities thatfranchising presents to a business to create a bigger brand name and increased market share. 1. Discuss some of the ethical dilemmas that your business might be faced with.
3. Steps of Stakeholder engagement and explain each one of them. 4. How to develop CSR commitments and enumerate the general steps of CSR commitments 5. What is the impact of business ethics to society in general? 6. Why is there a special need for Ethical Behavior by Professionals? 7. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness and efficiency". 8. Explain how business managers could act ethically 9. If you are a CEO, how can you handle politics within your organization?
2. Tell something about CSR strategy and how to develop it? 3. Steps of Stakeholder engagement and explain each one of them. 4. How to develop CSR commitments and enumerate the general steps of CSR commitments 5. What is the impact of business ethics to society in general? 6. Why is there a special need for Ethical Behavior by Professionals? 7. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness and efficiency". 8. Explain how business managers could act ethically 9. If you are a CEO, how can you handle politics within your organization?
Analyze any potential ethical dilemmas. As a decision maker, apply any two of these approaches tobusiness ethics:• Utilitarian• Universalism (Deontology)• Virtue ethics.• Justice what decisions should you make? Justify your answer using business ethics concepts
It is no longer acceptable for businesses to disregard issues around ethics and social responsibility. 1. (a) Current Status Briefly describe what Aveeno is currently doing regarding corporate social responsibility and pursuing sustainable business practices. (b) Recommendations Give recommendations ( at least 2) on how Aveeno can create a more ethical, socially responsible, and/or sustainable business. What practices do you recommend the organization pursue?
What potential changes could be made to identify a more ethical solutions? Does the government have independent monitors of safety standards? What role does crisis management and public relations play in responding to a disaster?
Copy the following questions into the submission window and provide answers for them. 1. A helpful first step in ethical analysis is to look for harms and benefits. What harms were done by this fraud? Can you explain exactly what the ethical wrong was? Whe, other than consumers, were harmed? Who benefited? Did the parties who benefitted deserve the benefit? Were any benefits unfair or unethical? 2. Where would you place primary responsibility for this scandal: individual employees who forged customers' aceounts, managers who oversaw those employees. senior executives, board members, or the corporation itself? 3. Sometimes when we assign responsibility, we are looking for someone to blame, someone who is at fault. Who do you blame in this case? 4. Sometimes the question of responsibility is asked so that we can identify the cause and, in tum, prevent it from happening again. What recommendations would you mike to prevent this from happening again? 5. How do you understand the difference…
1a) Describe the different types of Business ethic theories; 1b) Identify and explain their flaws. 2. Describe the relationship between; i. Corporate governance and business ethics; ii. Corporate governance and Corporate Social Responsibility. 3. The Lehman Brothers financial scandal took place in 2008. The Bank went bankrupt. Describe and explain what caused the financial scandal of this Bank.
Corporate social responsibility is a form of management that considers ethical issues in all aspects of the business. A company's strategic decisions have both social and economic consequences. A company's social responsibility is central to the strategy formulation process. In that regard, provide and discuss FOUR (4) critical approaches to hhow businesses can establish a position of ethical responsibility today.

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