BU111 Final: BU 111 Final Exam Prep Notes + Questions.docx

137 views12 pages
School
Department
Course
Professor
wafeliza and 39872 others unlocked
BU111 Full Course Notes
19
BU111 Full Course Notes
Verified Note
19 documents

Document Summary

Connection between individual ethics, managerial ethics, and csr; how to influence managerial ethical preferences. Define ethics, managerial ethics, and corporate social responsibilities. This can be done through ethics training and diversity day in which the day is planned to increase ethical standard of employees and managers through activities such as identifying and analyzing how to solve unethical behaviour at work. The csr will affect the stakeholders of the environment because it promotes stewardship. Relationship and importance to business; why they should be proactively managed; when each should be managed; stakeholder categories and appropriate strategies for managing each. Define stakeholders, why they are important to businesses, and why they should be proactively managed. When should each be managed, and provide examples how that can be managed: stakeholders are individuals that interested in the businesses" activities and those that are affected by the decisions.