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MNGT 141-900 Chapter 3 Answers

MNGT 141-900 Chapter 3 Answers - MNGT 141-900 Modern...

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MNGT 141-900: Modern Management Chapter 3 Answers COPY AND PASTE. DO NOT SEND FILE OR CREDIT WILL NOT BE RECEIVED. 1. Corporate social responsibility is the managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization. 2. The Davis model of corporate social responsibility is a list of five propositions that describe why and how business should adhere to the obligation to take action that protects and improves the welfare of society as well as the organization. 3. Businesses should perform corporate social responsibility activities because business is a large part of society and that gives it a responsibility to improve society’s welfare. Also, the helping of employees, customers, and the community can help profitability and growth. 4. Businesses should not perform corporate social responsibility activities because it would be conflict of interest for business owners to reach profit objectives and look out for society’s welfare. 5. Yes, Federal legislation requires that businesses perform certain social responsibility activities. 6. A voluntary social responsibility activity is an activity done beyond the federal minimum standard.
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MNGT 141-900 Chapter 3 Answers - MNGT 141-900 Modern...

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