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Social Responsibility

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Social Responsibility
Individual Work 2 (20 points)
Today, we have more millionaires and billionaires than ever before. How do these people get so rich? Did they do it ethically, or did they do it at the cost of the jobs of everyday workers, whom they supposedly lead?

Review the scenario presented in Essay Question #4 on pages 31-32 of Introduction to Business Law. In a report, address the questions presented. Also consider the following:

Can you blame Kilts for accepting the offer given to him, or the action which he took to turn the company around?
What percentage of the responsibility does P&G share for what happened?
Although, nothing illegal took place in the Gillette turnaround or sale, was it ethical?
Assignment should be one to two pages in length.
For citation guidelines, please refer to the table in the APA Style section of the syllabus.

Save your document with a file name that includes your name_course code-section number_title.
For example: JaneSmith_BUL3246-12_Week1.docx.

If you aren’t using Microsoft Word, save your document with the .rtf file extension (Rich Text Format).

To submit your individual work, go to the Dropbox at the top of your online course and click “Submit Assignment.”

Click on the drop-down menu to select the Week 1: Individual Work basket in the Dropbox.

Social Responsibility
Everest University Online
BUL 3246-12

I can understand what Kilts did to turn the company around. However, selling the company to make a profit for himself was not an option that I would have gone for. Many people lost their jobs and were affected by selling off the company to P&G. Especially the 4,000 workers that were from the same area. Having that many unemployed workers does serious damage to the economy and it will be difficult for them to turn things around. Proctor & Gamble share about 50% of the blame because they are part of the reason for the layoffs. If the officers were not receiving such a high payout, they may have been

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