Discussion Post: Managerial Ethics And Social Responsibility
Reflect on the assigned readings. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.
Also, provide a graduate-level response to each of the following questions:
• Global corporate citizenship is more than espoused values; it requires action. Discuss some of the ways forward-thinking companies are changing to improve their ability to act as responsible citizens.
• Explain global wealth and power inequalities. What are the special challenges of serving the "bottom of the pyramid" sector?
• Discuss the benefits and costs of globalization. Provide examples of how globalization has helped or harmed individual nations and the world economy.
Assigned Readings:
Chapter 3: Corporate Social Responsibility and Citizenship
Learning Objectives:
• Understanding the role of big business and the responsible use of corporate power in a democratic society.
• Knowing when the idea of social responsibility originated and investigating how a company's purpose or mission can integrate social objectives with economic and legal objectives.
• Examining the key arguments in support of and concerns about corporate social responsibility.
• Defining global corporate citizenship and recognizing the rapidly evolving management practices to support global citizenship.
• Examining businesses with an explicitly social mission, such as social ventures and B corporations.
• Distinguishing among the sequential stages of global corporate citizenship.
• Understanding how businesses assess and report their social performance.
Chapter 4: Business in a Globalized World
Learning Objectives:
• Defining globalization and classifying the major ways in which companies enter the global marketplace.
• Identifying the international financial and trade institutions that have shaped the globalization process in recent decades.
• Analyzing the benefits and costs of the globalization of business.
• Identifying the major types of political and economic systems in which companies operate across the world.
• Understanding global inequalities of wealth and income and analyzing the special challenges of serving those at the "bottom of the pyramid."
• Assessing how businesses can work collaboratively with governments and the civil sector to address global social issues?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.