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business
business and society ethics

Questions and Answers of Business And Society Ethics

Understanding the success of the Belle Meade Winery, what could other nonprofit organizations learn in creating social entrepreneurship ventures to sustain their operations?
Given the success of the current Belle Meade Winery, how can Belle Meade effectively address the challenges facing the winery for future growth?
Explain the repurchase option in writing.
Analyze the strengths and weaknesses of the Belle Meade strategy and implementation of their nonprofit winery.
Do you believe that New Belgium’s actions and initiatives are indicative of a socially responsible corporation? Why or why not?
Some segments of society contend that companies that sell alcoholic beverages and tobacco products cannot be socially responsible organizations because of the nature of their primary products.
Do you agree that New Belgium’s focus on social responsibility provides a key competitive advantage for the company? Why or why not?
What environmental issues does the New Belgium Brewing Company work to address? How has NBB taken a strategic approach to addressing these issues? Why do you think the company has taken such a strong
How does Home Depot’s desire to be passionate about customer service relate to their social responsibility?
On the basis of Home Depot’s response to environmental issues, describe the attributes of this stakeholder. Assess the company’s strategy and performance with environmental and employee
To what extent is Mattel responsible for issues related to its production of toys in China? How might Mattel have avoided these issues?
How effective has Mattel been at encouraging ethical and legal conduct by its manufacturers?What changes and additions would you make to the company’s Global Manufacturing Principles?
Do manufacturers of products for children have special obligations to consumers and society? If so, what are these responsibilities?
What are some of the objections that critics of intellectual property laws maintain? Do you agree with some of the objections?Sources American Library Association, “Performanc
Why do consumers and companies often violate intellectual property laws?
Why are intellectual property protections necessary?
What do you think of Coca-Cola’s environmental initiatives? Are they just window dressing, or does the company seem to be sincere in its efforts?
Assume you have just become CEO at Coca-Cola.Outline the strategic steps you would take to remedy the concerns emanating from the company’s board of directors, consumers, employees, business
What role does corporate reputation play within organizational performance and social responsibility?Develop a list of factors or characteristics that different stakeholders may use in assessing
To avoid negative publicity and ethical challenges, what steps should Lululemon take to improve its stakeholder relationships?
How has the ethical culture of Lululemon impacted its relationship with customers and employees?
How has Lululemon handled various ethical issues that it has faced over the last few years?
Do you think Starbucks has grown rapidly because of its ethical and socially responsible activities or because it provides products and an environment customers want?c
Is Starbucks unique in being able to provide a high level of benefits to its employees?
Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy?
How will the U.S. Supreme Court decision in Burwell v. Hobby Lobby (divided 5-4 decision)impact Hobby Lobby’s stakeholders and its future success?
Evaluate the decision of Hobby Lobby to spend considerable resources in refusing to offer coverage of “abortifascient” birth control methods and taking their fight to the U.S. Supreme Court.
Should the founders and owners of a private company that serves the public incorporate their religious values in the policies that impact the behavior of employees, consumers, and other stakeholders?
How has Herbalife demonstrated social responsibility?
Describe the differences between a legitimate business model and a pyramid scheme.
Why has Herbalife’s multilevel compensation model been confused with a pyramid scheme?
Understanding the success of the Belle Meade Winery, what could other nonprofit organizations learn in creating social entrepreneurship ventures to sustain their operations?
Given the success of the current Belle Meade Winery, how can Belle Meade effectively address the challenges facing the winery for future growth?
1. Analyze the strengths and weaknesses of the Belle Meade strategy and implementation of their nonprofit winery.
What is the future of CVS in positioning itself as a healthcare company based on its decision to be socially responsible?
Evaluate CVS’s decision to no longer sell tobacco products.
How has CVS handled its ethical challenges?
How should Monsanto manage the potential harm to plant and animal life from using products such as Roundup?
Compare the benefits of growing GM seeds for crops with the potential negative consequences of using them.
Does Monsanto maintain an ethical culture that effectively responds to various stakeholders?
What are some ways that a company can measure its progress to comply with global reporting initiative guidelines? Propose both quantitative and qualitative measures.
Review the UN Global Compact principles in Table 12.7. In what ways are these principles and issues related to a successful global economy?What benefits and/or challenges do they present to
Define fair trade in your own terms. In what ways should consumers consider fair trade issues when making purchases and investments?
How can organizations create stronger engagement with employees? What would be the effects on social responsibility? How would social responsibility affect engagement?
What is the likelihood that corporate leaders agree on a global set of social responsibility standards?What evidence do you have?
How are stakeholder relationships in a global context different from those in a domestic context?In what ways are they alike?
Define cultural intelligence in your own terms.Compare your definition with the definition used in this chapter.
How can businesses become more sustainable?What are the advantages and disadvantages of striving to become more sustainable?
key stakeholders, community, businesses, and global organizations concerned about environmental issues?
What is environmental risk analysis? Why is it important for an environmentally conscious company?
What role do stakeholders play in a strategic approach to environmental issues? How can businesses satisfy the interests of diverse stakeholders?
What federal laws seem to have the greatest impact on business efforts to be environmentally responsible?
What is the role of the EPA in U.S. environmental policy? What impact does this agency have on businesses?
Think of instances of greenwashing that you have encountered. What is the harm of greenwashing?
Discuss renewable energy initiatives such as wind, solar, and geothermal. Which do you think are most feasible and most important for businesses to focus on?
Describe the controversy surrounding GM foods.
Define sustainability in the context of social responsibility. How does adopting this concept affect the way businesses operate?
How can a strategic technology assessment help a company
genetically modified”? Why or why not?
What is bioethics? What are some of the consequences of biomedical research?
What is intellectual property? How can owners of intellectual property protect their rights?
Many people believe that the government should regulate business with respect to privacy online, but companies say self-regulation is more appropriate.Which approach would benefit consumers most?
What effect has technology had on the United States and global economies? Have these effects been positive or negative?
Define technology and describe three characteristics that can be used to assess it.
Describe the four-stage process for planning and implementing strategic philanthropy.
What role does top management play in developing and implementing a strategic philanthropy approach?
Compare social entrepreneurship to cause-related marketing and strategic philanthropy.
Compare and contrast cause-related marketing with strategic philanthropy. What are the unique benefits of each approach?
How have changes in the business environment contributed to the growing trend of strategic philanthropy?
Describe your personal experiences with philanthropy.In what types of activities have you participated?Which companies that you do business with have a philanthropic focus? How did this focus
What are some of the issues you might include in a defense of strategic philanthropy to company stockholders?
How will consumer rights and activism change over the next decade? Will the movement strengthen or decline? Why
How can companies strive for successful relationships with consumers, including meeting their economic, legal, ethical, and philanthropic expectations?
What is the purpose of a boycott? Describe the characteristics of companies and consumers that are likely to be involved in a boycott situation.What circumstances would cause you to consider
Look at Southwest Airline’s Customer Service Commitment at http://www.southwest.com/assets/pdfs/corporate-commitments/customerservice-commitment.pdf. Describe how different elements of its
List and describe the consumer rights that have become social expectations of business. Why have some of these rights been formalized through legislation?Should these rights be considered ethical
Review the best practices in Table 7.7 for becoming an employer of choice. What are some potential drawbacks to each practice? Rank the eight practices in terms of their importance to you.
What is an employer of choice? Describe how a firm could use traditional marketing concepts and strategies to appeal to current and potential employees.
What trends have contributed to work/life programs?How do work/life programs help employees and organizations?
Why is it important to understand the profiles of different generations at work? How can managers use the ACORN principles to develop a strong sense of community and solidarity among all employee
Describe the differences between workplace diversity and equal employment opportunity. How do these differences affect managerial responsibilities and the development of social responsibility
What responsibilities do companies have with respect to workplace violence? Using the three categories of violence presented in the chapter, describe the responsibilities and actions that you believe
What is workforce reduction? How does it affect employees, consumers, and the local community?What steps should a company take to address these effects?
Review Table 7.1, Psychological Contract between Employee and Employer. Indicate the positive effects associated with the contract’s characteristics. For example, what is positive about an
Describe the four different types of communication.
Compare transformational leadership and transactional leadership.
List some of the benefits of ethical leadership.
Describe some of the skills needed to be an ethical leader.
What role does leadership play in influencing organizational behavior?
What does ethical compliance involve and how can it be measured?
How and why are a training program and a communications system important in developing an effective ethics program?
What is a code of conduct and how can a code be communicated effectively to employees?
What are the elements that should be included in a strong ethics program?
How can an organization be socially responsible and promote legal and ethical conduct?
hy is it important for managers to take ethical diversity into account?
Describe the importance of organizational values to the development of an ethical culture.
Why are we seeing more evidence of widespread ethical dilemmas within organizations?
How do organizations create an ethical climate?
Describe the importance of normative approaches to ethical decision making.

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