Question 1

What is the essence of the moral case for why a company should engage in socially responsible actions and environmentally sustainable business practices?

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Question 2

What are the strengths and weaknesses of the beliefs and tenets underlying the school of ethical relativism?

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Question 3

Explain the difference between ethical universalism and integrated social contracts theory.Which school of thought is most inclusive? Explain the reasons for your answer.

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Question 4

Identify the five good reasons (actions)companies can choose in crafting social responsibility initiatives,environmental sustainability,and a good corporate citizenship strategy.

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Question 5

Sustainability is a term used in various ways,but most often it concerns a firm's relationship to the environment and its use of natural resources.Define the term from a company's business practices and strategy perspective.

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Question 6

Discuss briefly what is meant by the terms ethical universalism and ethical relativism.Where does integrated social contracts theory fit into the debate about ethical standards? Which of the three schools of thought stands on the strongest ground?

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Question 7

Why are well-conceived CSR strategies and sustainable business practices considered in the best long-term interest of shareholders?

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Question 8

Apart from "the business of business is business,not ethics" kind of thinking,there are three other primary factors that contribute to a drive toward unethical business behavior.Identify and explain the three factors.

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Question 9

Identify the three types of business costs of ethical failures.Provide examples for each type of cost.

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Question 10

Define and discuss the programs commonly included under a company's corporate social responsibility strategy.

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Question 11

How do socially responsible actions and sustainable business practices lower costs related to human resources in a company?

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Question 12

What is meant by integrated social contracts theory? What is its contribution to the debate about ethical standards?

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Question 13

Explain how environmental sustainability strategies go about improving a company's "Triple-P" performance-people,planet,and profit.Why is it important for strategy-makers to find points of intersection between society and the company's ability to execute value chain activities or better serve customer needs?

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Question 14

Does a company have a duty to go beyond legal requirements and conform to the ethical norms of the societies in which it operates?

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Question 15

What is the essence of the business case for why a company should engage in socially responsible actions and environmentally sustainable business practices?

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Question 16

What is the case for why business strategies should be ethical?

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Quiz 9: Ethics, Corporate Social Responsibility, Environmental-Sustainability, and Strategy