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Please answer all questions! You can copy and paste these questions to the text box under Write Submissions and place your answers there. Please be
Please answer all questions! You can copy and paste these questions to the text box under Write Submissions and place your answers there. Please be saving your work on the Assignment box. Or, you can create and upload a file with these questions answered. Do not use the Comment Box for your answers.
(1) Please define what is the "philanthropic" level of Corporate Social Responsibility and provide an example of a specific corporation's philanthropic program in several sentences. Please research the specific corporation on the web if you need to do this. (16 Points).
(2) Please state why the Sarbanes-Oxley Act and Federal Sentencing Guidelines are relevant to business ethics. Please make sure to define both of them in your answer and tell me which protections we would lose without them. Please find the description of these in the textbook or PowerPoint slides. (16 Points)
(3) Please write three key ethical principles or ethical values that a Board of Directors has to uphold within a business's standard code of ethics discussed in the Corporate Governance PowerPoint. Please take one of these principles/values and write a paragraph from the readings in the Business Ethics about why it is important or write how this were needed in a business case study. (16 Points)
(4) What are two specific Board of Directors duties that were likely not executed well by the Enron Board of Directors, please include the consequences of the failure to uphold each of those specific duties to the Enron Corporation. (Please see Week Three on Blackboard for Enron file or the article, Tone at the Top) (16 Points)
(5) Why is Galbraith's essay on Consumer Behavior and the Dependence Effect relevant to the problem of climate change? (16 Points) Please paraphrase or quote the impacts of consumerism from class readings or the textbook. (One substantial paragraph)
(6) Milton Friedman thought that the responsibility of business was to ... Choose the best answer and bold/underline your choice! (10 points)
- Have the board fully control the business, not shareholders
- Be sure to have contributions to the local community
- Make profits only and do this according to business standards
- Have strong stakeholder involvement from workers, consumers, the government, and suppliers
(7) Please circle or bold two of the four overarching categories of stakeholders below (10 points)
- Consumers
- Functional
- Media
- Normative
- Government
Bonus Question (8 points) Please provide an example of any corporation that is involved in either conservation, preservation or intrinsic value theory by briefly describing an activity within those theories that they have performed. Please define either conservation, preservation or intrinsic value theory and then write a paragraph of the example. OR you can provide an example of a corporation that is harming conservation, preservation or intrinsic value theory and describe its harm. Please still define the theory. (10 Points)
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