Chapter 4 Assignment Questions 1. Discuss, in detail, the practical steps to ethical decision making (selecting and hiring ethical employees, codes of ethics, ethics training, and ethical climate). 2. Define social responsibility and compare and contrast the shareholder model versus the stakeholder model. In the shareholder model, who are organizations responsible to? In the stakeholder model, who are organizations responsible to? 3. Stakeholders can be defined as any group of people that are impacted by the decisions an organization makes. Discuss the responsibilities that organizations have to each stakeholder group listed below. (This question is not directly covered in the chapter, so it will require some critical thinking.) Employees Consumers - Suppliers/Distributors Investors / Stockholders/Owners - Retailers that sell your product- Local Communities - (Any other stakeholders you care to list) - 4. Discuss, in detail, the different social responsibility response strategies (reactive, defensive, accommodative, proactive)