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Describe the relationship between business and society

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Reference no: EM133039716

1. What are ethics?

2. How does the business environment influence ethical behaviour in the organization?

3. How would you describe the relationship between business and society?

4. What are the three main approaches to ethical thinking? Generally, how do they differ? i.e. Teleological (consequences, utilitarian approach), Deontological (duties, values, rights, rules for making ethical decisions), and Virtue (integrity, character) approaches. (chp 1)

5. What does it mean to live in a 'capitalist' society? What are some of the fundamentals of Capitalism? (chp 2)

6. What are some examples of unfair business practices that result in reduced competition?

7. Who are the stakeholders to a firm? Identify some internal vs external stakeholders. (ch 3)

8. How do managers manage the social, ethical, and environmental responsibilities to their stakeholders?

9. What are some of ways to identify stakeholders? (chp 3)

10. What are some of the methods used to assess and to manage stakeholders

11. What attributes make up stakeholder salience? (i.e : Mitchell et al).

12. What is an ethical dilemma?

13. What is involved in making an ethical decision? (ch 5)

14. What are the different levels of Kohlberg's cognitive moral development? What is the difference between a moral manager and an immoral manager?

15. What are some of the main ethical principles used as a foundation for ethical decision making? (chp 5)

16. What are some examples of ethical 'quick' tests used in ethical decision making? (i.e. Golden Rule, Disclosure Rule, What would ____ do?)

17. What factors influence/lead to unethical decision making in individuals? In organizations?

18. How can companies improve their ethical climate?

19. What main components should be included in a code of ethics/code of conduct? (ch 6)

20. What are the arguments for corporate social responsibility? What motivates businesses to have CSR? (ch 7-9)

21. What are the different levels of CSR according to Carroll's Pyramid? What is true CSR? (ch7)

22. What are some examples of CSR in practice? (ch 8)

23. What are the general criteria/guidelines and the challenges of reporting on Sustainability and CSR? (ch 9)

Reference no: EM133039716

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