Corporations obligation to maximize profits for shareholders
Problem: Assess how, and to what extent, corporate social responsibility can be meshed with a corporation's obligation to maximize profits for its shareholders?
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Problem 1: Identify factors of corporate social responsibility. Problem 2: Create a hypothetical code of ethics and explain how it incorporates social responsibility factors.
Constance Bagley stated, "A myopic focus on shareholder value can not only result in the unfair treatment of non-shareholder constituencies but can even end up hurting the shareholders in the long run."
Your story should include the following: - An overview of the societal marketing practices of the chosen company - The type of promotions undertaken to support the programs
Assess how, and to what extent, corporate social responsibility can be meshed with a corporation's obligation to maximize profits for its shareholders?
Problem: Provide a short response for each example of a manager who executed : - a legally sound decision - an ethically sound decision and - demonstrated social responsibility.
Question 1: Why do corporations have a social responsibility? Question 2: What is the extent of this responsibility?
Describe and evaluate three (3) of the corporation's Internet marketing strategies and the competitive advantages its Website provides.
Most people agree that managers should make ethical decisions and that firms have a responsibility to obey the law. Beyond this, however, do firms have a social responsibility?
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