As a newly appointed board member of a private corporation develop a contention in which you investigate the financial affect of an association, its inside work environment, the community outside to the association, and the common environment as measurements of corporate/social responsibility.
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As a newly appointed board member of a private corporation develop a contention in which you investigate the financial affect of an association, its inside work environment, the community outside to the association, and the common environment as measurements of corporate/social responsibility.
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- 1. Which of the following best describes social responsibility? a. A corporation's rights, such as due process in a court of law, freedom of speech, and privacy. b. Adoption by a business of a strategic focus for fulfilling the economic, legal, ethical, and philanthropic responsibilities expected of it by its stakeholders. c. A company's attempt to maximize its profits in order to benefit stockholders. d. All the policies of a company that promote ethical business practices. e. All businesses except those with less than 50 employees.Mr. Nawa Maboshe is a minority shareholder in a company that recently built a clinic for a community in Lusaka that is ten kilometers from the nearest hospital. At a handover ceremony of the clinic to the people of Zambia, the government of Zambia commended and thanked the company for its gesture of corporate social responsibility. However, Mr. Maboshe plans to introduce a motion at the company’s next annual meeting to censure management for spending money on a project that did not advance the economic value of shareholders.REQUIRED:a) What is the relationship between strategy and corporate social responsibility?b) Discuss any THREE (3) reasons why a firm might engage in corporate social responsibility.Corporate governance is balancing the interests of a company's various stakeholders, which include shareholders, management, consumers, suppliers, financiers, the government, and the general public. what are the three types of corporate governance and explain each
- Please discuss the legal and ethical status of the physician's actions in the following case. Include in your analysis any relevant laws A complainant alleged that a private practice physician denied her access to her medical records, because the complainant had an outstanding balance for services the physician had provided. The physician openly admitted that the complainant was not given access to her medical record because of the outstanding balance. The physician noted that it is clearly spelled out in the information given to patients that access to their records is contingent on payment in full.BUSINESS LAW 3 - David Ungar holds a Dunkin’ Donut's franchise. The terms of his franchise agreement require him to use only those ingredients furnished by Dunkin’ Donuts. He is also required to buy its napkins, cups, and so on, with the Dunkin’ Donut's trademark on them. Is this an illegal tying arrangement? What if Dunkin’ Donuts maintains that it needs these requirements to maintain its quality levels on a nationwide basis? [Ungar v. Dunkin’ Donuts of America, Inc., 429 U.S 5 - Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops were also supplied with a free demonstrator and free advertising materials. The shops that were not supplied with them claimed that giving the free services and materials constituted unlawful price discrimination. Hines replied that there was no price discrimination because it charged everyone the same. What it was giving free was merely a promotional campaign that was not…Widget Corporation is the manufacturer of many popular children’s toys but have seen a great decrease in sales and the board of directors is worried that the business may no longer be viable. The board decides to aggressively sue other toy manufacturers that have likely been infringing on Widget’s intellectual property, enter into a joint venture with a another company to build a new factory to reduce costs, and make large and notable donations to children hospitals as part of a PR campaign to raise the corporation's image. Additionally, the board decides to start manufacturing medical equipment to make up for the projected shortfalls in budget, even though the corporation was formed to make toys. Some shareholders are upset and sue the board of directors. (a) Which of the board’s actions fall into their express power and which are their implied power? Please explain why the actions would be categorized that way. (b) Would the ultra vires doctrine play a role in the shareholders suit…
- The concept of ethics deals with a. right and wrong conduct b. the wrongful act of children c. the financial status of human d. the profitability of a businessWhistle-Blowing and the Environment Katherine works as a clerk for Bio Chemist Services, a small toxic-waste disposal company.The company has a contract to dispose of medical waste from a local hospital. During thecourse of her work, Katherine comes across documents that suggest Bio Chemist has actuallybeen disposing of some of this medical waste in a local municipal landfill. Katherine isshocked. She knows this practice is illegal. And even though only a small portion of the medicalwaste that Bio Chemist handles is disposed of this way, any amount at all seems a worrisomethreat to public health.Katherine gathers the appropriate documents and takes them to her immediate superior, David.David says, “Look, I don't think that sort of thing is your concern, or mine. We're in charge ofrecord keeping, not making decisions about where this stuff gets dumped. I suggest you dropit.” The next day, Katherine decides to go one step further and talk to Sophia Anne, thecompany's operations manager.…In Carroll' four-part definition of corporate social responsibility, he includes philanthropic responsibilities, yet he describes these as voluntary or discretionary. Explain this seeming contrast between a responsibility and a voluntary activity.
- Please, help answer these questions 1. Identifies all the relevant facts of the case. 2. Articulates overarching ethical issues including the extent of Kirk's responsibility to take action; how the interests of the firm (and stockholders) can be balanced against the environmental interests; what obligation the company has to future generations and citizens. 3. Identifies all stakeholders. 4. Poses possible alternatives and ethics of each alternative. Paper should explore the possible alternatives and ethics from the Utilitarian Perspective, the Rights Perspective,or the Justice Perspective. 5. Identifies all practical constraints. 6. Recommends a specific action Kirk should take, which may include leaving the company.Wisconsin passes a state law that bans all semi-trucks from carrying double-trailers on roads in our state (see picture below). The state's ostensible reason for passing the law is to reduce accidents on the road. Double-trailers a more likely to be involved in accidents than single-trailer semis. A national trade group representing freight companies sues the state, arguing that the law violates the Dormant Commerce Clause. Would the state law violate the Dormant Commerce Clause? Explain your decision.the tragedy of commons, in Hardin's sense, often plays itself out in environmental ways, from generic human self-interest to overuse of finite resources and environmental degradation. How might the tragedy of the commons, as enacted through commercial enterprise, play out with respect to society? Isolate some examples of the tragedy of the commons, and discuss whether a resolution to this problem is possible, and if so, how it might come about.