Question: Corporate social responsibility is defined in Chapter 5 as the
Corporate social responsibility is defined in Chapter 5 as the corporate duty to create wealth by using means that avoid harm to, protect, or enhance societal assets. Did GE in the Welch era fulfill this duty? Could it have done better?
Answer to relevant QuestionsDoes GE under Welch illustrate a narrower view of corporate social responsibility closer to Friedman’s view that the only social responsibility is to increase profits while obeying the law?Could Nike have better anticipated and more effectively handled the sweatshop issue? What did it do right? What was ineffective or counterproductive?Did gender play any role in the fortunes of Fiorina and Dunn?If you were on the Supreme Court would you have voted in the majority or joined the dissent? Why?Is video recording in locomotive cabs an invasion of privacy? Should unions oppose it?
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