Style manual for authors‚ editors and printers 2002‚ 6th edn‚ John Wiley & Sons‚ Milton‚ Qld. Note: Business students should use the RMIT Business style NOT the general Harvard style. In-text references- examples Single author It is argued that... (Carroll 2012). Carroll (2012) argues that… ‘A major criticism of business is that it abuses its power’ (Carroll 2012‚ p. 26). Carroll (2012‚ p. 26) argues that ‘a major criticism of business is that it abuses its power’
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Week 2 Individual assignment Abstract Reviews the role of ethics and social responsibilities in developing a strategic plan while considering stakeholder needs and agendas. Reviews the four key responsibilities and priorities as stated by Carroll; economic‚ legal‚ ethical‚ and discretionary responsibilities. Discusses the importance of integrating ethical and social responsibilities in a strategic plan. Uses Enron an example of a company overstepping ethical boundaries and discusses measures that
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There was a revival of interest in classical liberalism in the twentieth century led by Friedrich Hayek and Milton
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[회사 이름 입력] Ethical Decision-Making in Business THE302 Business Ethics Ms. Ariane Lellmann Due Date: 31/May/2012 Student ID: 201212068 2045 words Executive Summary In one of two dilemmas Mr. Owen is facing‚ he decided not to inform the guests about the construction. In narrow view‚ he is responsible for profit maximization for his shareholders. Even though he was not honest to his guests‚ his action is considered as morally right since different situation makes different
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CORPORATE SOCIAL RESPONSIBILITY Definition:- [Carroll‚ 1979; 2008‚ 500]: "The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time." EU Definition of CSR: "A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis." The World Business Council for Sustainable Development
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(New York)‚ pp. 3. 3. Carroll’ CSR theory[online]. Retrieved from: http://www.cbe.wwu.edu/dunn/rprnts.pyramidofcsr.pdf 4. Carroll‚ A.B (1991) ‘The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders’‚ Business Horizons (July/August) pp.39-48. 5. Carroll‚ A.B. (1979) ‘A Three-Dimensional Conceptual Model of Corporate Performance’‚ Academy of Management Review‚ Vol. 4‚ No. 4‚ pp. 497-505. 6. Carroll‚ A.B. (1990) ‘Principles of
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Chapter 2—Social Responsibility MULTIPLE CHOICE 1. Stakeholders’ power over businesses stems from their a. ability to withdraw or withhold resources. b. ability to generate profits. c. media impact. d. political influence. e. stock ownership. ANS: A PTS: 1 2. Those who have a claim in some aspect of a firm’s products‚ operations‚ markets‚ industry‚ and outcomes are known as a. shareholders. b. stockholders. c. stakeholders. d. claimholders. e. special-interest
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statement can we say that Fingerhut’s price strategy is unethical? In order to answer this question we need to digest certain issues of “Fingerhut’s Price Strategy” case with the point of views of Roger Crisp “autonomy and creation of desire” and Milton Friedman’s “capitalism and social responsibilities.” Has Fingerhut exploited the low-income consumers by using unfair and deceptive marketing techniques? Roger Crisp would indefinitely assert that certain question as being true. He would say that
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discretion of government officials is the foundation for: (a) neoclassical macroeconomic theory. (b) John Maynard Keynes’s liquidity preference theory. (c) Irving Fisher’s natural rate of interest. (d) Abba Lerner’s wage-price reaction functions. (e) Milton Friedman’s monetary growth rule. 2. According to classical economists‚ Aggregate Demand primarily determines: (a) levels of national output and income. (b) total production in the economy. (c) Aggregate Supply at full employment. (d) the price
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purpose or goal of a firm related to Milton Friedman. Profits‚ the surplus after the total costs are subtracted from revenues and of course after taxes are taking out will be the meaning. However‚ a firm and making a profit is not so cut and dry as you will see while ready my paper; society and the government has a hand in the firms staying in business so that the services and products that we take for granted can still be produced. Milton Fried theory of the purpose of goal
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