or The goal of this exercise is to demonstrate your understanding of the three concepts of social responsibility: profit, stakeholder and societal Select the most appropriate concept of social responsibility for the situations below. 1. Starbucks is committed to purchasing responsibly grown, ethically traded coffee so that the farmers can produce coffee in ways that earn the farmers a livable wage. Stakeholder responsibility 2. For every pink lid sent in from a package of its yogurt, Yoplait donates 10 cents to Susan G. Komen for the cure. Societal responsibility 3. Stonyfield Farm doesn't use harmful pesticides or chemical fertilizers when producing its products. Energy efficient motors and building practices have helped limit CO2 emissions. Every effort is used to minimize waste by recycling product packaging Click to select) 4. Bob Smith, partner of the local pizza restaurant, declines a request to sponsor the local youth baseball league because doing so will decrease the amount of earnings he can share with his silent partners who invested in the business. (Click to select) 5. Your doctor adds a $25 administrative charge to your $15 copay on your most recent visit to help cover her rising malpractice insurance premiums. (Click to select) 6. McNeil Consumer Healthcare recalled large amounts of children's Tylenol products due to quality control issues although the issues posed no threat to children's health (Click to select) fganizations are part of a larger Society and are accountable to that society tor meir actions. Therefore, managers must make decisions that not only satisfy the needs of consumers but also provide for the overall welfare society. The goal of this exercise is to demonstrate your understanding of the three concepts of social responsibility: profit, stakeholder, societal. Select the most appropriate concept of social responsibility for the situations below. 1. Starbucks is committed to purchasing responsibly grown, ethically traded coffee so that the farmers can produce coffee in way earn the farmers a livable wage. Stakeholder responsibility 2. For every pink lid sent in from a package of its yogurt, Yoplait donates 10 cents to Susan G. Komen for the cure. Societal responsibility 3. Stonyfield Farm doesn't use harmful pesticides or chemical fertilizers when producing its products. Energy efficient motors ance building practices have helped limit CO2 emissions. Every effort is used to minimize waste by recycling product packaging. (Click to select) Profit responsibility Stakeholder responsibility local pizza restaurant, declines a request to sponsor the local youth baseball league because doing Societal responsibility rings he can share with his silent partners who invested in the business. Click to select) 5. Your doctor adds a $25 administrative charge to your $15 copay on your most recent visit to help cover her rising malpractice insurance premiums (Click to select) 6. McNeil Consumer Healthcare recalled large amounts of children's Tylenol products due to quality control issues although the iss posed no threat to children's health. (Click to select) Concepts of Social Responsibility This activity is important because organizations are part of a larger society and are accountable to that society for their actions. Therefore, managers must make decisions that not only satisfy the needs of consumers but also provide for the overall welfare of society. The goal of this exercise is to demonstrate your understanding of the three concepts of social responsibility: profit, stakeholder, and societal Select the most appropriate concept of social responsibility for the situations below. 1. Starbucks is committed to purchasing responsibly grown, ethically traded coffee so that the farmers can produce coffee in ways that earn the farmers a livable wage. Stakeholder responsibility 2. For every pink lid sent in from a package of its yogurt, Yoplait donates 10 cents to Susan G. Komen for the cure. Societal responsibility 3. Stonyfield Farm doesn't use harmful pesticides or chemical fertilizers when producing its products. Energy efficient motors and building practices have helped limit CO2 emissions. Every effort is used to minimize waste by recycling product packaging (Click to select) 4. Bob Smith, partner of the local pizza restaurant, declines a request to sponsor the local youth baseball league because doing so will decrease the amount of earnings he can share with his silent partners who invested in the business. Profit responsibility 5. Your doctor adds a $25 administrative charge to your $15 copay on your most recent visit to help cover her rising malpractice insurance premiums. Societal responsibility and are accountable to that society for their actions. dcisions that not only satisfy the needs of consumers but also provide for the overall welfare of society The goal of this exercise is to demonstrate your understanding of the three concepts of social responsibility profit, stakeholder, and societal Select the most appropriate concept of social responsibility for the situations below. 1. Starbucks is committed to purchasing responsibly grown, ethically traded coffee so that the farmers can produce coffee in ways that earn the farmers a livable wage. Stakeholder responsibility 2. For every pink lid sent in from a package of its yogurt, Yoplait donates 10 cents to Susan G. Komen for the cure. Societal responsibility 3. Stonyfield Farm doesn't use harmful pesticides or chemical fertilizers when producing its products. Energy efficient motors and building practices have helped limit CO2 emissions. Every effort is used to minimize waste by recycling product packaging, (Click to select) 4. Bob Smith, partner of the local pizza restaurant, declines a request to sponsor the local youth baseball league because doing so will decrease the amount of earnings he can share with his silent partners who invested in the business Profit responsibility 5. Your doctor adds a $25 administrative charge to your S15 copay on your most recent visit to help cover her rising malpractice insurance premiums. Societal responsibility 6. McNeil Consumer Healthcare recalled large amounts of children's Tylenol products due to quality control issues although the issues posed no threat to children's health Stakeholder responsibility