Core Values:
The SLU core values of responsible stewardship, excellence, and integrity will be emphasized in this course.
Responsible Stewardship: Our Creator blesses us with an abundance of resources. We foster a spirit of service to employ our resources to university and community development. We must be resourceful. We must optimize and apply all of the resources of our community to fulfill Saint Leo University's mission and goals.
Excellence: Saint Leo University is an educational enterprise. All of us, individually and collectively, work hard to ensure that our students develop the character, learn the skills, and assimilate the knowledge essential to become morally responsible leaders. The success of our University depends upon a conscientious commitment to our mission, vision, and goals.
Integrity: The commitment of Saint Leo University to excellence demands that its members live its mission and deliver on its promise. The faculty, staff, and students pledge to be honest, just, and consistent in word and deed.
Link for book
(PDF) Business and Society: Stakeholders, Ethics, Public Policy 14th Edition | Nhã Nhã - Academia.edu
Week 1 readings During this module, you are required to read Business and Society, Chapters 1, 2, and 3.
Chapter 1 covers the complex relationship between business corporations and the many individuals and organizations in society.
Chapter 2 covers the many public issues and matters of concern to business organizations and its stakeholders.
Chapter 3 covers the social responsibility challenges that affect businesses' interaction with its stakeholders while pursuing traditional economic goals.
Hint: Use the “Key Terms” listed at the end of each chapter to help guide your reading. You should be able to define, provide examples, and state the significance of each term.
Corporate Social Responsibility: Food for Thought
You are encouraged to visit the websites of some of your favorite businesses. See what they say about being socially responsible and consider the following:
· Would you be willing to patronize “green” companies, even if it meant lesser-quality goods at higher prices?
· What if you had to drive across town to patronize these companies?
While using different terminology, most companies address corporate social responsibility in some way or another. Here are some varying link titles that can be found by navigating the company websites.
As you were reviewing various websites, you likely found a lot of information about what corporations are doing to be socially responsible—or at least what they say they are doing. Do you believe that in general, corporations are “practicing what they are preaching”? Do their actions follow their words? Is it really possible to know for sure? What terminology does your organization use to address Corporate Social Responsibility, and does it make good on its words?
Corporate Social Responsibility
Corporate social responsibility is the idea that busines ...
Interactive Powerpoint_How to Master effective communication
Core Values The SLU core values of responsible stewardship, exc
1. Core Values:
The SLU core values of responsible stewardship, excellence,
and integrity will be emphasized in this course.
Responsible Stewardship: Our Creator blesses us with an
abundance of resources. We foster a spirit of service to employ
our resources to university and community development. We
must be resourceful. We must optimize and apply all of the
resources of our community to fulfill Saint Leo University's
mission and goals.
Excellence: Saint Leo University is an educational enterprise.
All of us, individually and collectively, work hard to ensure that
our students develop the character, learn the skills, and
assimilate the knowledge essential to become morally
responsible leaders. The success of our University depends upon
a conscientious commitment to our mission, vision, and goals.
Integrity: The commitment of Saint Leo University to
excellence demands that its members live its mission and
deliver on its promise. The faculty, staff, and students pledge to
be honest, just, and consistent in word and deed.
Link for book
(PDF) Business and Society: Stakeholders, Ethics, Public Policy
14th Edition | Nhã Nhã - Academia.edu
Week 1 readings During this module, you are required to
read Business and Society, Chapters 1, 2, and 3.
Chapter 1 covers the complex relationship between business
corporations and the many individuals and organizations in
society.
Chapter 2 covers the many public issues and matters of concern
2. to business organizations and its stakeholders.
Chapter 3 covers the social responsibility challenges that affect
businesses' interaction with its stakeholders while pursuing
traditional economic goals.
Hint: Use the “Key Terms” listed at the end of each chapter to
help guide your reading. You should be able to define, provide
examples, and state the significance of each term.
Corporate Social Responsibility: Food for Thought
You are encouraged to visit the websites of some of your
favorite businesses. See what they say about being socially
responsible and consider the following:
· Would you be willing to patronize “green” companies, even if
it meant lesser-quality goods at higher prices?
· What if you had to drive across town to patronize these
companies?
While using different terminology, most companies address
corporate social responsibility in some way or another. Here are
some varying link titles that can be found by navigating the
company websites.
As you were reviewing various websites, you likely found a lot
of information about what corporations are doing to be socially
responsible—or at least what they say they are doing. Do you
believe that in general, corporations are “practicing what they
3. are preaching”? Do their actions follow their words? Is it really
possible to know for sure? What terminology does your
organization use to address Corporate Social Responsibility,
and does it make good on its words?
Corporate Social Responsibility
Corporate social responsibility is the idea that businesses
interact with the organization’s stakeholders for social good
while they pursue economic goals. Both market and non-market
stakeholders expect businesses to be socially responsible, and
many companies have responded by making social goals a part
of their overall business operations. What it means to act in
socially responsible ways is not always clear, thus producing
controversy about what constitutes such behavior, how
extensive it should be, and what it costs to be socially
responsible
Public Issues: Food for Thought
Now think about your own organization and consider the
following:
· What is the most recent public issue that your organization has
faced?
· How did management address it, and to what degree has the
issue been resolved?
· How might you have addressed the issue differently?
Public Issues
Businesses today operate in an ever-changing external
environment, where effective management requires anticipating
emerging public issues and engaging positively with a wide
range of stakeholders. Whether the issue is growing concerns
about global warming, water scarcity, child labor, animal
cruelty, or Internet privacy, managers must respond to the
4. opportunities and risks it presents. To do so effectively often
requires building relationships across organizational
boundaries, learning from external stakeholders, and altering
practices in response. Effective management of public issues
and stakeholder relationships builds value for the firm.
Stakeholders: Food for Thought
Now think about your own organization and consider the
following:
· How many stakeholders are there in your organization, and is
it possible to maintain mutually beneficial relationships with all
of them?
· If not, how would you prioritize which stakeholder is more
important than another?
· How might the core values of community and respect apply to
your decision-making?
Stakeholders
Business corporations have complex relationships with many
individuals and organizations in society. The term stakeholder
refers to all those that affect, or are affected by, the actions of
the firm. An important part of management’s role is to identify
a firm’s relevant stakeholders and understand the nature of their
interests, power, and alliances with one another. Building
positive and mutually beneficial relationships across
organizational boundaries can help enhance a company’s
reputation and address critical social and ethical challenges. In
a world of fast-paced globalization, shifting public expectations
and government policies, growing ecological concerns, and new
technologies, managers face the difficult challenge of achieving
economic results while simultaneously creating value for all of
5. their diverse stakeholders.
You are encouraged to familiarize yourself with the following
publications, to name just a few. In this course, you may find
these helpful as sources of reference material to use in
discussions, case study assignments, and/or the term paper.
Also, do not overlook the vast resources of Saint Leo
University’s electronic databases, such EBSCO, Proquest, and
Wilson.
Business Week
The Economist
The Wall Street Journal
Fortune
Forbes
Harvard Business Review
Integrity
You might recall events from recent years that relate to this
course, including the Enron and WorldCom disasters. These
events are clear examples of how corporate officers lost their
sense of morality. They walked away with over one billion
dollars and caused catastrophes for thousands of shareholders
and employees. As a result of these acts of greed, innocent
people lost their life savings. Our core value of Integrity is so
important in business. Without it, no matter how successful a
business may appear, can it possibly be satisfying the needs and
wants of all of its stakeholders, that is: stockholders,
employees, government, customers, suppliers, the
community/public, and creditors?
Corporate Responsibility and Ethics
The global financial crisis of 2008-2009—highlighted by the
failure of major business firms, unprecedented intervention in
the economy by many governments, and the fall from grace of
6. numerous prominent executives—focused a fresh spotlight on
issues of corporate responsibility and ethics. Around the world,
people and governments are demanding that executives do a
better job of serving shareholders and the public. Once again,
policy makers are actively debating the proper scope of
government oversight in such wide-ranging arenas as health
care, financial services, and manufacturing. Management
educators are placing renewed emphasis on issues of business
leadership and accountability.
Show Me the Money
According to economist, Milton Friedman, “The social
responsibility of business is to increase its profits.” In other
words, business is in business to make mone y! Why else would
a business be in business? Businesses are not charitable
organizations; they exist to make a profit. It is all about the
bottom line—making lots of money and rewarding stockholders
and investors! A business should be able to do whatever i s
necessary in order to be profitable—as long as its actions do not
violate any laws. Do you agree?
In a world economy that is becoming increasingly integrated
and interdependent, the relationship between business and
society is becoming ever more complex. The globalization of
business, the emergence of civil society organizations in many
nations, and new government regulations and international
agreements have significantly altered the job of managers and
the nature of strategic decision-making within the firm.
Here is a friendly reminder to make sure you always read the
instructions for each assignment. With our case studies, you
will never have to respond to every question. For Case Study
One, you only need to respond to questions One and Five.
Please submit your paper in a Word document (no PDFs please,
this is because I may need to use the track changes feature in
Word while grading). You should have a cover page, body, and
7. reference page. Do not include the actual questions from the
case. Please keep in mind that each response should be in
paragraph format and be between 250 and 300 words in length.
(So for Case One, 250-300 words for Q1 and 250-300 words for
Q5.) Case One also asks that you integrate the core values of
Community and Respect into your response. Finally, be sure to
use proper in-text citations, for example when using the book:
(Lawrence & Weber, 2017, p. 20).The subsequent reference at
the end will be: Lawrence, A.T., & Weber, J. (2017). Business
and Society: Stakeholders, Ethics, Public Policy (15th ed.). New
York: McGraw-Hill/Create Custom
Case Study 1, For Case Study One, you only need to respond to
questions One and Five.
1) What is the focal organization in this case, and what is the
main issue it faces?
5) Based on the information you have draft a stakeholder map of
this case. What conclusions can you draw from the stakeholder
map?
Discussion Case:Insuring Uber’s App-On Gap, at the end of
Chapter 1.
Respond to Discussion Questions 1 and 5 and submit to the
Assignment box by no later than Sunday 11:59 PM
EST/EDT. (This Assignment may be linked to Turnitin.)
Keep in mind to integrate the core values of Community and
Respect that apply to this issue. Responses for each case
discussion question should be in paragraph form and be
approximately 250-300 words in length.