- 20 Marks
SCS – L3 – Q2- Ethics and social responsibility
Explain four ethical problems managers face in dealing with stakeholders.
Question
2 Ethics and the environment
(a) Managers have a duty to aim for profit. At the same time, modern ethical standards impose a duty to guard, preserve and enhance the value of an enterprise for the good of all touched by it, including the general public.
Explain FOUR (4) ethical problems managers face in dealing with stakeholders.
(b) Business activities, in general, were formerly regarded as a problem for the environmental movement, but the two are now increasingly complementary. There has been an increase in the use of a green approach to market products.
Explain in FOUR (4) ways how physical environmental conditions are important for strategic planning.
Find Related Questions by Tags, levels, etc.
- Tags: Bribery, Corporate Responsibility, Discrimination, Environmental Issues, Ethics, extortion, managers, profit, Stakeholders
- Level: Level 3
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