Corporate social responsibility includes:a) doing what’s right.b) having policies that consider environmental, societal,and financial impact.c) considering a product from design to disposal.d) all of the above.e) a and b only
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Corporate social responsibility includes:
a) doing what’s right.
b) having policies that consider environmental, societal,
and financial impact.
c) considering a product from design to disposal.
d) all of the above.
e) a and b only
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- After reading Chapter 6: Legal and Ethical Behavior, look for a news article from the Internet that relates to the topics discussed in the chapter (i.e. various models of retail competition, types of retail competition, etc.).Corporate Social Responsibility (CSR) extends beyond the organization to focus on the relationship between the organization and its external stakeholders. Corporations are finding that CSR is essential to fundamental business strategy a) What are the three reasons why corporations should care about corporate social responsibility?1. The primary argument for corporate social responsibility states that for business to have a healthy climate in which to operate in the future, comment.
- Do you think the requirements for antitrust injury and standing have beneficial or negative effects on consumer welfare? That is, do they limit meritorious antitrust claims? State your reasons.It is often assumed that firms are simply concerned to maximize profits: that they are not concerned with broader issues of social responsibility. is it claim or support? please explain brieflySuppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count…
- How do the terms business ethics and social responsibility differ from each other? Multiple Choice Business ethics concerns the impact of the entire business's activities on society, whereas social responsibility relates to an individual's decisions that society evaluates as right or wrong. Business ethics is a broader concept, whereas social responsibility is a narrower concept. Business ethics and social responsibility can be used interchangeably because they mean the same thing Business ethics relates to an individual's or a work group's decisions that society evaluates as right or wrong, whereas social responsibility concerns the impact of the entire business's activities on society.3 Reasons Why Business Ethics Is ImportantWhat is Corporate Social Responsibility? Who are the stakeholders? How to identify the key stakeholders of a particular company? Why is it necessary for a company to have ethical and philanthropic responsibility? What are some examples of philanthropic responsibility?