Senior management at Value Products is attending a corporate retreat, and the first item for discussion is corporate social responsibility (CSR) . The group has discussed this before and then shot it down because it generally costs Value Products' shareholders in the form of reduced distributions. But the new VP, Isabella, is about to explain why she believes CSR will actually benefit the shareholders and Value Products management alike. Her team begins the presentation with a discussion of CSR, both its current definition and reconciliation of past views. Scott then discusses the importance of being a good global corporate citizen by supporting the local school system. Jessica takes the floor to make the case for doing what is expected by global stakeholders even though there are no laws requiring those actions. Finally, Valentina wraps up the discussion by defining why Value Products should take legal responsibility for the firm's performance.Scott's presentation most likely focuses on the ________ responsibility of the firm.
A) economic
B) legal
C) ethical
D) financial
E) philanthropic
Correct Answer:
Verified
Q113: Aliya and Samuel, managers from different departments
Q114: Senior management at Value Products is attending
Q115: Cite an example of an ethical dilemma
Q116: Explain the process for ethical decision making.
Q117: List topics that a business ethics code
Q119: Describe Kohlberg's model of cognitive moral development.
Q120: Explain the pyramid of global corporate social
Q121: Build a case for the convergence of
Q122: Explain how environmental issues and sustainability can
Q123: Discuss ecocentric management.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents