Question: Complete your assigned Week 1 textbook reading (Chapters 1-4) and then read the two articles below which correspond to this week's discussion topics. Then answer
Complete your assigned Week 1 textbook reading (Chapters 1-4) and then read the two articles below which correspond to this week's discussion topics. Then answer the questions below the articles. Use the concepts from the course textbook and the articles to support the information in your initial post.It is required you support your initial posts and peer posts with cited information from all the sources you use and provide all the sources in your reference list to meet the APA style requirements.
George, J. M. (2024). Contemporary Management [Review of Contemporary Management]. McGraw Hill LLC.
BetterWorldBooks Case Study Articles
Case Study Article 1
A Multitude of Corporate Responsibility Examples
One of the biggest problems facing the world today is in the area of literacy. Being able to read and write at a basic level is a requirement for success in almost any job or career field. Better World practices corporate responsibility by providing free books to people wishing to increase their reading ability and gain knowledge that can help them improve their lives. For every book the company sells, it donates another to someone in need, somewhere in the world. Better World also uses its revenues to fund literacy initiatives that teach reading skills. Better World currently offers 8 million new and used books on its website.
Simple Beginning
Better World Books began in 2002. Three friends, fellow students at the University of Notre Dame, decided to sell textbooks online for extra money. The idea grew into a goal of promoting literacy through a social enterprise. The company is not a traditional company that decided to do something good for the world. Rather, the company's primary purpose and mission are social responsibility and sustainability. Their corporate responsibility examples include:
- The Book for Book program, giving a book to someone in need for every book the company sells
- Free worldwide shipping on books
- Carbon-balanced packaging, with Green-e certified offsets, to help reduce Better World's carbon footprint
- Collecting used books from college campuses and libraries through its book drives, converting these used titles into over $24 million in literacy and education funding
- Preventing over 250 million books from entering landfills since the company's founding.
The Power of Literacy
Better World Books believes that all books have lasting value and can help change lives. They are committed to improving literacy and quality of life for people of all nations. Their Book for Book program makes millions of free books available to those who need them. These qualities and driving principles are what make Better World Books one of the best corporate responsibility examples we have found.
APA 7th ed. format reference for the above article:
Newell, G. (2023).Corporate responsibility examples from Better World books.https://602communications.com/better-world-books-corporate-responsibility-examples/
Answer the following questions in their entirety:
1. Discuss the concepts related to the four main sources or determinants of differences in managerial ethics implemented in organizations as discussed in our course textbook.
2. A company's ethics, as discussed in the previous question, will determine the company's perspective, or stance, on its obligations to make socially responsible business decisions. Discuss the ways in which a company can commit to social responsibility based on the specific approach it implements.Explain each of the four approaches presented in our course textbook in detail and determine their strengths from low to high.
3. Read the articles above and determine which approach to social responsibility 'Better World Books' implements in their for-profit social enterprise mission-based Buy One Book - Donate One Book Business Model. How does this business model also achieve environmental sustainability?
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