Overview of Strategic Management with Social Responsibility and Ethics ·What are some fundamental ethical approaches that managers should consider and why? In your view, is there one particular approach that is more essentially important to implement, and/or more universal? Explain

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter8: Strategy Formulation And Execution
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Overview of Strategic
Management with Social Responsibility and Ethics
·What are some fundamental ethical approaches that managers should
consider and why? In your view, is there one particular approach that is more
essentially important to implement, and/or more universal? Explain

·
Discuss in scholarly detail the
benefits and risks associated with strategic management.

·
Discuss in scholarly detail the purpose of a business strategy and expand on these concepts discussing a differentiation
business strategy. Based on this strategies, how could an organization be
a late mover and yet succeed with a strategy of differentiation and
why?

·
Explain the newest trends in mission components and also differentiate
between company philosophy and public image and why organizations should
consider either or both in its overall mission.

·
Discuss in scholarly detail the defining principles and the implementing
principles of the corporate social justice approach. In addition, what
are some pros and cons associated with these social justice principles and why?

· Discuss in scholarly
detail the necessary steps a firm must take when it attempts to incorporate
interests of various stakeholders.

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