Question
Question 2 (a) Thinking of the fossil fuel companies, identify the main stakeholders of these companies. Explain how these stakeholders would want the fossil fuel
Question 2 (a) Thinking of the fossil fuel companies, identify the main stakeholders of these companies. Explain how these stakeholders would want the fossil fuel companies to respond to the issue of climate change. (b) Clearly and fully explain Ed Freeman's "New Story of Business" and discuss how it would direct fossil fuel companies to act towards stakeholders with little power but with high interest.
Question 3 (a) In terms of your own single plastic use, and using the language of the "systems iceberg" model, identify and explain two of the mental models that are driving our society's use of plastic waste. Why it is so difficult for people to change their mental models? (b) In the language of the "systems iceberg" model, the effects of climate change (e.g. rising sea levels) can be seen as 'events'. Using this "systems iceberg" model, identify and explain at least two of the 'underlying structures' that lead the American Petroleum Institute (API) to continue to promote the use of fossil fuels.
Question 4 (a) Clearly and fully explain the 'instrumental approach to social responsibility and the 'social contract approach' to social responsibility, highlighting the differences between the two approaches. (b) If the fossil fuel companies adopted the 'social contract approach' to social responsibility, would they continue to financially support the American Petroleum Institute (API)?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started