4. Give an example of each of the four levels of power discussed in this chapter. Also, give an example of each of the spheres of business power.
5. Explain in your own words the Iron Law of Responsibility and the social contract. Give an example of a shared understanding between you as a consumer or an employee and a firm with which you do business or for which you work. Is Congress justified in creating new regulations to govern the financial services industry?
Chapter 2
1. Identify and explain the Pyramid of Corporate Social Responsibility. Provide several examples of each ‘layer’ of the pyramid. Identify and discuss some of the tensions among the layers or components.
PELE
2. In your review, what is the single strongest argument against the idea of corporate social responsibility? What is the single strongest argument for corporate social responsibility? Briefly explain
3. Differentiate between corporate social responsibility and corporate social responsiveness. Give an example of each. How does corporate social performance relate to these terms? Where does corporate citizenship fit in?
4. Analyse how the triple bottom-line and the Pyramid of CSR are similar and different. Draw a schematic that shows how the two concepts relate to one another.
Chapter 3 & 4
1. Explain the concepts of stake and stakeholder from your perspective as an individual. What kinds of stakes and stakeholders do you have? Discuss.
2. Explain in your own words the differences between the production, managerial and stakeholder views of the firm.
3. Differentiate between primary and secondary social and nonsocial