Organizations around the globe are now being asked to take some responsibility for how their business operations impact their local communities, society as a whole, and the environment. Do you agree or disagree with them being asked to do this? Why or why not? Also, describe one example of an organization that has taken steps to do this.

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Elin HesselLv2

10 Apr 2018

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"Corporate Social Responsibility and Privacy" Please respond to the following:

(a) Examine the belief that green programs create economic value while being socially responsible and sustaining the environment. Determine whether you agree or disagree with this statement. Support your position with one example.

(b) Some supermarkets use loyalty programs which enable them to collect data about the shopping patterns of their customers. Suppose that an insurance company wanted to buy this data from the supermarket to analyze the behaviour of its policyholders. Determine whether or not the insurance company should be allowed to buy the data. Support your position.

burgundytoad217

Comment on the following post with reference:

In our modern times, companies have shown that social responsibility goes beyond the usual waste segregation and tree planting activities. There are more efforts now to stop the ongoing destruction of our planet. This comes to a realization as our society progresses and we started to understand our environment better. Environment conservation has become a trend.

Like other companies, our cafe, "The Green Cafe", understands the benefit of being eco-friendly. It is ethical to care for your environment and to care and contribute to its preservation for the future. It is our social responsibility, as businesses, to do our part to run our business with the least harm to our environment.

Part of our decision is to reduce waste through composting. Similar to Walmart and Target, they "go green" through composting their waste. This process will not only help the environment but will also reduces the operating cost associated with waste.

The cafe will also start to utilize compact flourescent lamps which are energy saving lights. These are environmentally-friendly, saves energy and saves the company money by lowering the hydro expense.

Finally, the group is thinking about installing water conserving toilets which are costly at first, but will conserve water through less flushing and reduce water expense as well.

We are starting to realize that "going green" requires an effective strategy to balance both advantages and disadvantages. The disadvantages involving more initial expenses to convert to more energy efficient products (ie. cfl lights and water conserving toilets). The benefits include a good image to customers, the decrease in energy expenses, and the good conscience of being forward thinkers and socially responsible entrepreneurs.

To add, social responsibility are not solely based on utilitarian judgments of "maximizing the greatest good", it is a personal choice by individuals whatever the class maybe, to pursuit what is right or wrong and to try to contribute to what is right and in this given case, to help protect the environment which in turn, will do the greatest good for the society as a whole.

limeeel747

In Costa Rica, only a few beaches remain that are nesting grounds for sea turtles. Some of those beaches have communities situated near them; traditionally, the local people collected the turtle eggs and sold them for their purported aphrodisiac powers. As a result, sea turtle populations became endangered. To protect the sea turtle populations, the Costa Rican government gave each family in these villages ownership of a portion of the beach to do with as the family pleases, including the harvesting and selling of sea turtle eggs. Sea turtle populations have started to increase. The economic rationale for this action has to do with the differences between public, common, and private goods. Select an example of your choosing that would display how the government could take an action (or has actually taken one) that might change how a resource would be treated in the future. Take a look at common resources (such as the turtles) and use your own example to explain the economic rationale for a positive result.