Question: For Each Discussion you need to post TWO separate threads 1- One labeled my answers about 350 words 2- The 2nd labeled my response to
For Each Discussion you need to post TWO separate threads
1- One labeled "my answers" about 350 words
2- The 2nd labeled "my response to + name of the classmate" about 80 words
#When posting your work-- don't use attachment-- just paste your work within the thread.
#Be brief and use bullets
Answer the following - about 300-350 words- and post in a separate thread another 80 words comment on someone elses post:
Looking for a better business model:
During this semester, we learned that there are two theories for managing a business: the shareholder and stakeholder theories.
The shareholder theory states that the only responsibility a business has is to increase profit. Management acts as the agent of the shareholders to run the company. In order to increase profit, some companies often use loopholes in the law to avoid paying taxes, manipulate regulations, harm natural environment, etc, (legal but not ethical).
The stakeholder theory states that a company (in addition to making profit) owes a responsibility to a wide group of stakeholders. A stakeholder includes shareholders, employees, customers, suppliers, competitors and other groups in the wider community. Management implements Corporate Social Responsibility (CSR) initiatives aimed at enhancing the company's positive impact on environmental and social wellbeing.
In this exercise, you need to find TWO companies that CSR is an integral part of their business model of the company. In other words a company that its business model goes beyond just few CSR initiatives. NOTE that in these days some companies replaced the concept of CSR with ESG, which stands for Environmental, social, and governance. It is OK to complete the EXPLAIN part along the three dimensions of ESG.
Positive Model example 1 (150 words):
Name:
Explain:
Positive Model example 2 (150 words):
Name:
Explain:
Instructions:
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