BU111 Lecture Notes - Lecture 34: Tylenol (Brand), Junk Food, Price Gouging
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Corporate social responsibility (csr) refers to the way in which a business tries to balance its commitments to organizational stakeholders how business addresses ethical conduct at the organizational level collective code . Managerial capitalism: a company"s only social responsibility is to make money for its shareholders, as long as it doesn"t break any laws in doing so focus only on profits. Opposing view is that companies must be responsible to many stakeholders. Towards the natural environment air pollution, land pollution results when a combination of factors lowers air quality large amounts of chemicals government regulations and social pressures increased leading to corporate greening measures. States that we have to learn to live differently. 2 billion to 9 billion is the predicted population increase in 2050. Dominant paradigm: take from the environment, make stuff, waste it. Model of the 1st industrial revolution is not sustainable want sustainability not waste.
