Malden Mills_suggestions

Malden Mills_suggestions - SUGGESTIONS FOR ANSWERING THE...

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SUGGESTIONS FOR ANSWERING THE MALDEN MILLS CASE QUESTIONS As with the Sam the Record Man example, these suggestions are meant to represent a guide and some ideas for answering the case questions and are not to be taken as the only possible good answer. Question 1: Explain why Aaron Feuerstein’s decision reflects issues of corporate social responsibility (CSR). In this first part, you need to explain what CSR is and why the decision of what to do following the fire involves issues of CSR (irrespective of which of the four options is chosen; if you want to assume a specific course of action that’s fine as long as you answer the question accurately). You may use the four levels of corporate responsibilities (pyramid) and identify which elements are reflected in this case. The focus needs to be on the ethical and philanthropic responsibilities rather than economic or legal as Aaron Feuerestein (AF) has no legal obligation to the employees or community. You can also use the definition of CSR as “… an obligation to protect and improve the welfare of society…” and explain how Malden
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Malden Mills_suggestions - SUGGESTIONS FOR ANSWERING THE...

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