Exam 5: Managing Social Responsibility and Ethics

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When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities,it is said to be socially responsive.

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Employees who raise ethical concerns or issues to others inside or outside the organization are called social activists.

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The Environmental Study (Scenario) You have just been challenged by your supervisor to study and report your findings on approaches that organizations use when dealing with the environment and when pursuing the goal of going green.Your boss tells you to study the four major approaches,differentiate among them,and report to him in a week. -Under what approach is the organization driven to look for ways to respect and preserve the earth and its natural resources?

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