Briefly Respond In Writing To Two Questions
Briefly Respond In Writing To Two Questions the Questions Cover Materi
Briefly respond in writing to two questions. The questions cover material assigned in both Thursday’s and today’s classes. Respond to both questions on a maximum of 2 pages. A. Briefly list five points from the assignments from American Business Values and any other readings or cases that you find most enlightening and worth remembering. Each of the five can be a single sentence. B. For at least one of those points, or any other that you may choose, indicate how it might be useful to you in your future life or career. These summary reflections are each worth 20 points. Your best 10 grades will count toward your final 200 points. This first summary outline is due before class on Tuesday. Submit your 1 or 2 page response on BB under Safe Assign.
Paper For Above instruction
Introduction
The assignment prompts students to reflect succinctly on the core material covered in recent classes, emphasizing critical insights and their practical relevance. This exercise aims to foster comprehension and personal connection to the course content, ultimately enhancing learning outcomes and preparing students for real-world applications of ethical and business values.
Key Points from American Business Values and Related Materials
1. Ethical decision-making in business is fundamental to sustaining trust and long-term success.
2. Transparency and honesty are essential in building stakeholder confidence and corporate reputation.
3. Corporate social responsibility contributes significantly to societal welfare and environmental sustainability.
4. The role of leadership in fostering an ethical culture influences employee behavior and organizational integrity.
5. Ethical dilemmas often require balancing profit motives with social and moral responsibilities.
These points underscore the importance of integrating ethical principles into everyday business practices, reinforcing the idea that profitability should not come at the expense of moral integrity. They reflect the evolving expectations of society and consumers who increasingly demand responsible corporate behavior.
Future Relevance and Personal Application
One of the most enlightening points is the significance of corporate social responsibility (CSR). Understanding CSR’s impact on societal welfare and environmental sustainability can profoundly influence my future career decisions. For example, prioritizing ethical policies and sustainable practices can align my professional endeavors with broader societal goals, fostering trust and collaboration with stakeholders. As businesses increasingly operate within frameworks that emphasize environmental stewardship and social responsibility, possessing a strong understanding of CSR will be vital for strategic decision-making and leadership roles. In practical terms, integrating CSR into my future work can help build a reputable personal brand and contribute positively to community and environmental outcomes.
Conclusion
The assignment encourages critical reflection on core business values, emphasizing ethical decision-making, transparency, CSR, leadership, and balancing profit with social responsibility. Such insights are vital for cultivating a principled approach to future professional pursuits, ensuring integrity and societal benefit are central to business practices.
References
- Carroll, A. B. (1999). Corporate social responsibility: Evolution of a definitional construct. Business & Society, 38(3), 268-295.
- Crane, A., Matten, D., & Spence, L. J. (2014). Corporate social responsibility: Concepts, practices, and perspectives. Oxford University Press.
- Friedman, M. (1970). The social responsibility of business is to increase its profits. The New York Times Magazine.
- Gao, J., & Zhang, Z. (2018). Ethical leadership and corporate social responsibility. Journal of Business Ethics, 150(3), 769-781.
- Hoejmose, S. U., Brammer, S., & Millington, A. (2012). Stakeholder influence strategies in corporate social responsibility: An empirical analysis. Journal of Business Ethics, 112(3), 463-481.
- Schwartz, M. S. (2001). Ethical decision-making theory: An integrated approach. Journal of Business Ethics, 20(4), 319-334.
- Sen, S., & Bhattacharya, C. B. (2001). Does doing good always lead to doing better? Consumer reactions to corporate social responsibility. Journal of Marketing Research, 38(2), 225-243.
- Werhane, P. H. (1999). Moral imagination and systems thinking. Business Ethics Quarterly, 9(1), 69-94.
- Werther, W. B., & Chandler, D. (2011). Strategic corporate social responsibility: Stakeholders in a global environment. Sage Publications.
- Yoon, Y., Gürhan-Canli, Z., & Schwarz, N. (2006). The effect of corporate social responsibility (CSR) activities on companies with bad reputations. Journal of Consumer Psychology, 16(4), 377-390.