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After reviewing the topic resources, explain why ethical behavior, social responsibility, and sustainability are important aspects of corporate governance. What are the four tenets of conscious capitalism and how can organizations operating by these tenets create positive change? Provide an example of an organization that you feel operates from a conscious capitalism perspective and justify your choice.
Describe how sustainability relates to social responsibility.
Evaluate the role of social responsibility in society. After you complete this assignment, you will
analyze a written article, be able to ascertain your view on social responsibility, and evaluate the pros and cons of social responsibility.
This activity corresponds with competencies: C1.2, C4.3.
Read the article The-Fastest-Growing-Cause-for-Shareholders-is-Sustainability (attached).
In your opinion, does it pay to be socially responsible?
What are some of the advantages and disadvantages for a company that pursues a sustainability strategy?
How could a manager’s attitude toward social responsibility affect the company’s strategy?
What is your position on social responsibility, are you for it or against it, why?
Read the article The-Fastest-Growing-Cause-for-Shareholders-is-Sustainability (attached).
In your opinion, does it pay to be socially responsible?
What are some of the advantages and disadvantages for a company that pursues a sustainability strategy?
How could a manager’s attitude toward social responsibility affect the company’s strategy?
What is your position on social responsibility, are you for it or against it, why?
Evaluate the role of social responsibility in society. After you complete this assignment, you will
analyze a written article, be able to ascertain your view on social responsibility, and evaluate the pros and cons of social responsibility.
This activity corresponds with competencies: C1.2, C4.3.
Read the article The-Fastest-Growing-Cause-for-Shareholders-is-Sustainability (attached).
In your opinion, does it pay to be socially responsible?
What are some of the advantages and disadvantages for a company that pursues a sustainability strategy?
How could a manager’s attitude toward social responsibility affect the company’s strategy?
What is your position on social responsibility, are you for it or against it, why?
Evaluate the role of social responsibility in society. After you complete this assignment, you will
analyze a written article, be able to ascertain your view on social responsibility, and evaluate the pros and cons of social responsibility.
This activity corresponds with competencies: C1.2, C4.3.
Read the article The-Fastest-Growing-Cause-for-Shareholders-is-Sustainability (attached).
In your opinion, does it pay to be socially responsible?
What are some of the advantages and disadvantages for a company that pursues a sustainability strategy?
How could a manager’s attitude toward social responsibility affect the company’s strategy?
What is your position on social responsibility, are you for it or against it, why?
Look around–do you see any local businesses practicing social responsibility? Publicizing a business’s good deeds is a great marketing tool, so it shouldn’t be too hard to find an example. It can be extra effort in recycling, pairing with a local nonprofit agency, paying for employees to volunteer their time in the community, building parks, selling fair-traded merchandise….a bunch of things. Go ahead and ask next time you’re in your favorite place of business. Be a little tactful here, because it can sound like a criticism–you might explain this is a school assignment.
CSR
By now, you should be very familiar with the Mattel case. In the Module 4 SLP, we will evaluate the Mattel case study in the context of Corporate Social Responsibility. Specifically, socially responsible organizations behave in certain ethical ways. Socially responsible organizations tend to go above and beyond the rules, mores, and expectations that have been established (and that are expected to be adhered to) by the general public, company employees, end customers, buyers and suppliers, and the government, for example. We will investigate the ways in which Mattel’s behaviors and actions contravened the tenets of “socially responsible” behavior.
Required Reading
Read the following excerpt related to CSR. As you read, consider the benefits realized by socially responsible organizations, and how the leadership at Mattel operated counter to CSR tenets:
Corporate social responsibility. (2013). International Institute for Sustainable Development. Retrieved from https://www.iisd.org/business/issues/sr.aspx
Assignment
In a well-written, 2- to 3-page paper, discuss how the Mattel case informs our understanding of what it means for companies to be “socially responsible.”
Keys to the Assignment
1.In the context of CSR, in what ways did Mattel demonstrate – not social responsibility – but social irresponsibility? Consider how the company’s actions may have run counter to the tenets of CSR through its neglect of duty to the company’s shareholders, its employees, and even the larger public trust. Be sure to cite specific examples.
2.What have been the long-term consequences of Mattel’s actions, and how did the company’s implosion change our view of what it means for a company to be “socially responsible”?
3.Be sure that you use at least two references from the library, and that you properly cite your sources.
4.Follow the guidelines in The Student Guide to Writing a High Quality Academic Paper
5.You are expected to demonstrate evidence of critical thinking – as defined in the Module 2 background materials and the grading rubric