Question: Business Ethics - Ch . 3 ( p . 6 8 - 8 8 ) & Ch . 4 ( p . 9 4 -

Business Ethics - Ch.3(p.68-88) & Ch.4(p.94-102): (1) According to the Chapter 3, which approach to prioritizing stakeholder claims can do the best job managing stakeholder claims and expectations? Why? Please give an example (not discussed in the textbook) where a business/corporation uses this approach.
(2) Please give an example not discussed in Ch.3, where a company (or firm) did a bad job prioritizing stakeholder relationships. What do you think the company should have done differently?
(3) Based off of what you learned in Chapter 3 and the lecture video, what is corporate social responsibility (CSR)?
(4) Why would Kant think companies ought to embrace CSR?
(5) Why would Mill think companies ought to embrace CSR?
(6) According to the discussion in Chapter 4, why is it accurate to say that society enables corporations to exist?
(7) What is shareholder primacy? In what way does Dodge v. Ford Motor Company (one of the court cases discussed in Chapter 4) represent a conflict between shareholder primacy and corporate social responsibility?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!