Lawrence, A., Weber, J. (2010). Business and Society: Stakeholders, Ethics, Public Policy. New York, NY.…
References: Lawrence, Anne (2010). Business and Society: Stakeholders, Ethics, Public Policy. 13th Edition. McGraw-Hill Learning Solutions, 2010. VitalBook file. Bookshelf.…
The objective of this study was to figure out how different light colors affected the rate of photosynthesis in spinach leaves. This was done by taking leaf disks, removing the CO2 and sinking them in beakers. One beaker filled with regular water, the other filled with a mixture of water and sodium bicarbonate. The beakers were then placed in front of the light sources and the amount of disks floating was recorded every minute. In our study the disks exposed to the red light started to float sooner than the…
Renowned author Milton Friedman stated that: “The business of business is business”. He believes that society’s interests are in direct contrast to corporate management’s ideologies. In an attempt to promote their own causes and still enlist the support of society, organizations have implemented Corporate Social Responsibility (CSR). This concept proves to be a disillusioned attempt by companies that claim to already be practicing CSR, to satisfy campaign groups that insist that they need to do more to mitigate their social issues. As other countries in the world, especially Continental and Central Europe are moving toward the Anglo-Saxon shareholder value model; many debates arise and prove to have global…
In today’s environment of social awareness, business can no longer focus solely on maximizing profits and must recognize and respect its legal and ethical obligations to a wide range of stakeholders, both within and outside of the business organization. These stakeholders include employees, management, shareholders, directors, officers, the immediate community and society at large.…
Lawrence, A. T., & Weber, J. (2011). Business and society: Stakeholders, ethics, public policy (13th ed.). New York, NY: McGraw-Hill/Irwin.…
Around 1790, there were 700,000 slaves in the United States. And by 1860, the number of slaves moved up to 4 million (lecture). The reason why the numbers had changed so drastically was because of the cotton boom. The cotton growing was concentrated on plantations rather than the small farms. Around 75% of slaves lived in groups of around 10 or more slaves, which made changes in the African American slave communities and culture (lecture). With the slave communities developing, they were very unstable. Around 1 million slaves migrated from the upper to lower south, which split the communities and families apart. Since the slave communities were growing, Southern African American communities were different from other slave groups such as Cuba where they constantly imported slaves from Africa. With being a slave, it resulted in a lot of health challenges but the planters tried to keep them healthy enough to work. The death rate for the slave children were rather high because the women worked hard and were not nourished enough. Their masters provided them with food and supplemented the food by growing and hunting (lecture). The slave children did not work the fields at the start of their lives. They were to observe how to survive as slaves. They learned what the penalties were for disobedience and observed how white men violated black women. They saw how slaves were sold away for punishment and also for profit. The older children were to take care of the younger ones and there was no schools for the slave kids. Adult slaves served as servants, artisans, skilled workers, or most were field workers. Most of the skilled workers were men rather than women. Around 75% worked in the field directly affected by the cotton plantation labor system (lecture). With the cotton, it demanded a year rounds worth of labor. The owners divided the slaves up into 20-25 slaves. At harvest they would work 18-hour days. In the evening the women would…
This is a survey course on the social, political, and ethical environment of business. It is designed to give you insight into complex and controversial social issues and public policy problems that complicate the task of managing American business. Topics covered include the historical development of American business, America’s competitiveness problems, and the debates over business ethics, corporate social responsibility, corporate governance and government regulation of business. We will study and consider the implications of several of the most perplexing paradoxes facing American business managers today: the conflict between our faith in a free market and our desire for regulations providing consumer and environmental protection; the contradiction between the historical success of American business and our growing competitiveness problems; and our confusion over how best to manage business given the conflicting demand from shareholder and stakeholder groups with incompatible short- and long-term interests.…
Lawrence, A. T. & Weber, J. (2011). Business and Society: Stakeholders, Ethics, Public Policy (13th ed.). New York: McGraw-Hill/Irwin. ISBN: 978-0-07-813715-0…
It is important to be socially responsible – that is, to work with stakeholders such as employees, customers, communities, and governments to make sure that the company does its part to minimize negative impacts on society and maximize contributions to important issues that are being addressed worldwide.” (McGraw Hill )…
References: Lawrence, A. T. & Weber, J. (2011). Business and Society: Stakeholders, Ethics, Public Policy (13th ed.). New York: McGraw-Hill/Irwin. ISBN: 978-0-07-813715-0…
This course emphasizes the theories and practices of the ethical, social, environmental, political, and legal aspects of business decision-making and leadership practices. These areas reflect the mutual impacts of profit, non-profit and government organizations in the U.S. and globally on business stakeholders. Course activities will hone your critical analysis and interpersonal verbal, presentation, and writing skills. In this seminar, you will contribute to the collective learning environment reflective of a business meeting:…
ETHICAL ISSUES HR SPECIALISTS, TRAINERS, OR EDUCATORS MUST DEAL WITH WHEN PRESENTING TO CURRENT ADULT LEARNERS.…
In underscoring the importance of social responsibility Hollender and Breen (2010) point out that in today’s world the society has become a ‘virtual’ licensor for businesses in operation. It has therefore become increasingly important to win the approval of the society: that has become the prerequisite for business survival and therefore a prescription for success since it paves the way for business organizations to begin producing stellar economic and social goods. (p. 9)…
First, business can help solve poverty conditions. For the longest time, people view business as a profit-making organization with the goal of creating wealth for the shareholders. But increasingly, the business community has developed a greater awareness of the plight of underprivileged people that need attention and aids. Some businesses incorporate social objectives into their mission, while some others take social responsibility as the main goal. Regardless of the orientation, society has gained significant benefit from businesses’ greater investment in socially responsible causes. These benefits include greater market accessibility to the poor, better environmental protection, and more employment opportunities among many others.…