Concept explainers
Case summary: Prior to getting to be acclaimed, Person M began a few entrepreneurial businesses. As a business college understudy, he began a door-to-door clothing service for students. Afterward, he made an open air media organization that was bought by Company CC. While traveling back to Country A in the year 2006, Person M met a lady who was planning a shoe drive to convey gave shoes to poor kids of Country A. Shoeless children are presented to perilous hookworm, lockjaw, and other soil-based diseases. Person M saw that children’s who got gave shoes regularly misunderstood the size. Company T’s shoes was not the principal organization to utilize the "one-for-one" sustainability model, yet its prosperity is rousing numerous different business people to make their very own socially cognizant projects that make profit while helping other people.
Characters in the case: Company CC, Country U, Country A and Person M.
To discuss: The reasons on agreeing or disagreeing with the claim and the examples of organizations performing well.
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
EBK M: MANAGEMENT
- Explain the major ethical theories discussed in class that business people can use to guide their decisions. Which theory do you feel is best in the modern business world? Explain your opinion.arrow_forwardDo you think companies have to operate ethically to be financially successful? Why or why not?arrow_forwardHow do Mary Schaefer's, Paul Rice's and Jeffrey Hollender's suggestions support socially sustainable businesses? How are they important when considering the social side of sustainability?arrow_forward
- A disruptive business model of today will become a standard business model in the future? Do you agree or not? Justify your answer with an example?arrow_forwardWhy did you decide to be an environmental planner?arrow_forwardIf you were faced with an ethical dilemma, from whom would you seek advice? Describe some decisions that might be good for an organization’s profitability in the short-term, butbad for the organization in the long-term. What factors would you take into consideration if you were thinking about leaving your job ratherthan do something unethical?arrow_forward
- It has been argued that in business it is the dynamic entrepreneurs who combine the other factors of production for sustainable ventures for unborn generation.Would you agree to this statement?Please justify the reasoning behind your agreement or otherwise.arrow_forwardExplain what "doing the right thing" in a business environment means to youarrow_forwardHow do you currently describe the business climate locally, regionally, and globally? What are the implications for the companies in the same industry as your CLC group’s company? Explain why. Explain and cite examples.arrow_forward
- What would be the possible cause of failing common good approach by the managers?arrow_forwardIt has been argued that in business it is the dynamic entrepreneurs who combine the other factors of production for sustainable ventures for unborn generations. Would you agree to this statement? Please justify the reasoning behind your agreement or otherwise.arrow_forwardHow can a business deal with environmental challenges ?arrow_forward
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON