Lecture 17 - Group Presentations Wednesday, October 10th...

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Group Presentations Wednesday, October 10th Group I – The Classical View Group II – The Civil Corporation Group III– The Creator of Long Term Wealth Group IV – Market Failure Model Group V – The Sustainability Model Group VI – The Stakeholder Model Group VII – What About Simple Philanthropy?
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Author: What conception of corporate social responsibility (or approach to corporate social responsibility does the author advocate? Do you favor this view… why or why not? Is it reasonable to expect business to behave in this fashion? Why or why not?
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Interest Groups Exert Power Over Businesses Loyalty The reluctance to exit in spit of disagreement with the organization of which one is a member (or a constituent) is the hallmark of loyalist behavior Loyalty makes exit less likely
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Interest Groups Exert Power Over Businesses Voice When exit options exist, voice is can be effective. When you anticipate that others will voice with you or join you in their cause. The costs of switching to another product or job or investment are low, and the company knows it
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Interest Groups Exert Power Over Businesses Voice Loyalty makes you prefer voice—you believe in the company and you would rather not change. Few buyers or buyer concentration or a tight labor market where the company can’t find replacements.
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Interest Groups Exert Power Over Businesses Why not just rely on these mechanisms to keep a self-interested company in line? Why bothering hoping for a company to do
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This note was uploaded on 04/22/2008 for the course BCOR 3010 taught by Professor None during the Spring '07 term at Colorado.

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Lecture 17 - Group Presentations Wednesday, October 10th...

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