Obesity has become a major public health topic in recent years. For several decades, environmentalists have been warning us about the dangers of industrial pollution. The marketing plan should include answers to at least the following questions: What are the current needs of each target market? The steps are as follows: Commitment of top executives. Arguments Against Increased Social Responsibility. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Peer pressure, attitudes, and social factors c.
In the beginning, many firms pledged to recruit and hire a certain number of minority members by a specific date. In the short run, the economic model would be more profitable because the focus is on profits, not on social responsibility. A plan designed to increase the number of minority employees at all levels within an organization. By providing a brief survey of business, including management and organization, marketing, social media and e-business, information systems, accounting, and finance, this text introduces the reader to core business practices. Ask a member of each group to report the results before the class. The Evolution of Social Responsibility in Business A.
The role of opportunity may determine whether a person will behave ethically. How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position? Catch up on the commonly tested names and theories with these flashcards. The Pros and Cons of Social Responsibility 1. The right to consumer education. Consumerism consists of all those activities that are undertaken to protect the rights of consumers.
Thanks to its private ownership, PortionPac is free from the pressures that public corporations face in explaining their management decisions and financial results to stakeholders such as shareholders and securities analysts. Warning: Do not rush this step. What are the arguments against increased social responsibility? What are the different types of ethical concerns that may arise in the business world? Major federal laws that have been passed since 1960 to protect consumer rights are listed and described in Table 2-4. . This task is another aspect of social responsibility.
For Proselytizing Against Proselytizing 1. If desired, the list could also form the basis for journal activity throughout the semester. The contamination of water, air, or land. Puffery is sometimes a matter of opinion rather than firm law, so this exercise should stimulate significant discussion. Specific Guidelines: The use of computer systems and Internet access is restricted to the conduct of company business during working hours. Historical Evolution of Business Social Responsibility B.
Ask stu- dents to take a minute and write down three examples of ethical behavior in the classroom and three examples of unethical behavior. Implementing a program of social re- sponsibility requires the following: A. The homework assignment is to write a one-page paper prioritizing constitu- encies to whom they have social responsibility. PortionPac also provides customers with on-site and online training about the proper use of cleaning products and timesaving ways to get the job done. If customers buy too much, they may use too much and put their staff or the environment at risk, not to mention spending more than they should. The project received more than 57 million votes. Discuss the factors that affect the level of ethical behavior in organizations.
You will find that writing your plan is not a simple matter of starting at the beginning and moving chronologically through to the end. As long as improvements are made to the car, strictly speaking, it is not deceptive. Ask students to use the Internet to research several actual corporate codes of conduct and make a list of similarities and differences. Ethical issues arise over fairness and honesty, organizational relationships, conflicts of interest, and communications. Social responsibility is the recognition that business activities have an impact on society and the consideration of that impact in business decision making.
The program offers military veterans points for free nights in © 2017 Cengage Learning. Factors Affecting Ethical Behavior A. Unlike most businesses, however, PortionPac rewards its salespeople for selling only the amount of cleaning products that customers need. What are we doing to educate employees and customers about how to use our products safely? Implementing a Program of Social Responsibility. Instructor notes follow the exercise. The Financial Plan Component Your financial plan should answer at least the following questions about the investment needed, sales and cash-flow forecasts, breakeven analysis, and sources of funding: Prepare projected balance sheets for each of the first three years of operation. Who should prepare a social audit for the firm? Kapoor Test Bank Instant download Foundations of Business 5th Edition by William M.
Attracting and Retaining the Best Employees. The stress of bullying can result in physical and mental health issues that can ultimately cost employers many hours of lost worker productivity, lower morale, and higher turnover. If desire and time permit, you may in- struct them to go to the Web and benchmark similar policies for other companies. In fact, the second component—the executive summary—should be written last, but because of its comprehensive nature and its importance to potential investors, it appears after the introduction in the final business plan. Economic model of social responsibility e.