ADMS 3660 Study Guide - Midterm Guide: Recursive Definition, Animal Welfare, Domain Model

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Document Summary

Week 1: introduction to business ethics and social responsibility. From the manager to the company to the external environment. From the external environment to the corporate level managerial discretion. Social, and technology environment: pluralism a condition in which there is diffusion of power among the society"s many groups and organizations. A pluralistic society is one in which there is wide decentralization and diversity of power concentration. : strengths of pluralistic social system. Prevent power from being concentrated in the hands of few. Provide for a built-in set of checks & balance so that no single group dominate: weakness of pluralistic social system. Creates an environment in which diverse institutions pursue their own self- interests, with the result that there is no central direction to unify individual pursuits. Groups and institutions proliferate to the extent that their goals tend to overlap, thus causing confusion as to which organizations best serve which functions.