Using points from the discussion at the end of the Week 2 lecture, prepare your answers to the following question.

(COMM101 (S220) Principles of Responsible Business)

"A corporation owes its first loyalty and moral responsibility to the owners rather than its local community and its employees who are affected by its operations."

1.Do you agree with the above? Why? Justify using examples from the cases highlighted in the lecture.

2.Explain three reasons why some senior corporate executives succumb to unethical actions more than others?

3.Does the intention of senior management to prioritise good to society matter as long as some good is generated from its initiatives?