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Learning Objectives Learning Objectives 1. Define social responsibility and trace its historical 1. Define social responsibility and trace its historical development. development. 2. Name and discuss three levels of commitment to social 2. Name and discuss three levels of commitment to social responsibility. responsibility. 3. Compare and contrast two divergent views on 3. Compare and contrast two divergent views on corporate social responsibility. corporate social responsibility. 4. Define and distinguish ethics from social responsibility. 4. Define and distinguish ethics from social responsibility. 5. Discuss individuals’ and organizations’ responsibility 5. Discuss individuals’ and organizations’ responsibility for ethical behavior and list sources of unethical for ethical behavior and list sources of unethical behavior. behavior. 6. Identify the three ethical standards and discuss how 6. Identify the three ethical standards and discuss how they affect decision making. they affect decision making. Copyright © 2002 by South-Western 3–2 Copyright © 2002 by South-Western 3–2 Learning Objectives Learning Objectives 7. Discuss steps managers can take to encourage 7. Discuss steps managers can take to encourage ethical behavior in organizations. ethical behavior in organizations. 8. Discuss the ethical challenge associated with efforts 8. Discuss the ethical challenge associated with efforts to “manage” employee work-related attitudes, to “manage” employee work-related attitudes, motivation, and behavior. motivation, and behavior. 9. Discuss the ethical issues associated with workplace 9. Discuss the ethical issues associated with workplace diversity. diversity. Copyright © 2002 by South-Western 3–3 Copyright © 2002 by South-Western 3–3 The Nature of Social Responsibility The Nature of Social Responsibility •Social responsibility Social responsibility An organization’s obligation to engage in activities that An organization’s obligation to engage in activities that protect and contribute to the welfare of society. protect and contribute to the welfare of society. •The law and social responsibility The law and social responsibility Social Responsibility Social Responsibility Social Responsibility Social Responsibility illegal and illegal and legal and illegal and legal and illegal and legal and illegal and legal and illegal and legal and illegal and legal and legal and illegal and legal and irresponsible irresponsible irresponsible responsible responsible irresponsible irresponsible responsible responsible irresponsible irresponsible responsible responsible irresponsible responsible responsible Copyright © 2002 by South-Western 3–4 Copyright © 2002 by South-Western 3–4 An Historical Perspective An Historical Perspective •Principle of charity Principle of charity Suggests that those who have plenty should give to Suggests that those who have plenty should give to those who do not. those who do not. •Principle of stewardship Principle of stewardship Suggests that organizations have an obligation to see Suggests that organizations have an obligation to see that the public’s interests are served by corporate that the public’s interests are served by corporate action and the ways in action and the ways in which profits are spent. which profits are spent. Copyright © 2002 by South-Western 3–5 Copyright © 2002 by South-Western 3–5 Historical Phases of Social Historical Phases of Social Responsibility Responsibility Social Responsibility Social Responsibility Social Responsibility Social Responsibility 1900’s 1930’s 1960’s 1900’s 1930’s 1960’s 1900’s 1930’s 1960’s 1900’s 1930’s 1960’s Phase One: Phase One: Phase Two: Phase Three: Phase One: Phase Two: Phase Three: Phase One: Phase Two: Phase Three: Phase Two: Phase Three: Profit-Maximizing Profit-Maximizing Trusteeship Quality-of-Life Profit-Maximizing Trusteeship Quality-of-Life Profit-Maximizing Trusteeship Quality-of-Life Trusteeship Quality-of-Life Management Management Management Management Management Management Management Management Management Management Management Management Business’s primary Business’s primary Corporate managers Managers have to do Business’s primary Corporate managers Managers have to do Business’s primary Corporate managers Managers have to do responsibility to society Corporate managers Managers have to do responsibility to society need to maintain an more than achieve responsibility to society need to maintain an more than achieve responsibility to society need to maintain an more than achieve is to underwrite the need to maintain an more than achieve is to underwrite the equitable balance economic goals, but is to underwrite the equitable balance economic goals, but is to underwrite the equitable balance economic goals, but country’s economic equitable balance economic goals, but country’s economic among the competing they should manage the country’s economic among the competing they should manage the country’s economic among the competing they should manage the growth and to oversee among the competing they should manage the growth and to oversee interests of all groups quality-of-life by helping growth and to oversee interests of all groups quality-of-life by helping growth and to oversee interests of all groups quality-of-life by helping the accumulation of interests of all groups quality-of-life by helping the accumulation of with a stake in the develop solutions for the accumulation of with a stake in the develop solutions for the accumulation of with a stake in the develop solutions for wealth. with a stake in the develop solutions for wealth. organization. society’s ills. wealth. organization. society’s ills. wealth. organization. society’s ills. organization. society’s ills. Copyright © 2002 by South-Western 3–6 Copyright © 2002 by South-Western 3–6
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