Entine And Jennings Case 33 P 104 Note That There Are Eight ✓ Solved
Entine And Jennings Case 33 P 104 Note That There Are Eight Quest
Entine and Jennings (Case 3.3, p. 104) note that there are eight questions that should be answered about a company to determine the character of its soul: Does the company comply with the law? Does the company have a sense of propriety? How honestly do product claims match with reality? How forthcoming is the company with information? How does the company treat its employees? How does the company handle third-party ethics issues? How charitable is the company? How does the company react when faced with negative disclosures? Develop a blog aimed at assessing corporate social responsibility. Be sure to address the following: Contrast the Entine and Jennings’ views with those of Friedman and Freeman, found within your text. What is the difference between Entine and Jennings’ eight questions and traditional measures of social responsibility? Would the model mean that Fannie Mae could be labeled an “honest” company? Why or why not? Support your blog with at least three (3) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included. Length of blog: 3 entries (approximately 350 words per entry) Your blog should be located at a web site that can be easily accessed by Faculty (e.g., , , , , or ). It should contain text that is readable, links that work, a display of at least one graphic, and content information that supports the assignment requirements. Your writing within the blog should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy. Submit a word document that contains the URL of the blog and your name. Include references to course resources presented in proper APA format.
Sample Paper For Above instruction
Developing a comprehensive understanding of corporate social responsibility (CSR) requires comparing different perspectives and evaluation models. The eight questions posed by Entine and Jennings (1994) offer an insightful framework focusing on ethical and moral dimensions of corporate behavior. Contrasting this with the views of Milton Friedman and R. Edward Freeman reveals divergent principles underlying corporate ethics. This paper explores these perspectives, evaluates the differences in CSR measurement approaches, considers the label of honesty applied to companies like Fannie Mae, and discusses the scholarly implications of these models.
Entine and Jennings Versus Friedman and Freeman
Entine and Jennings emphasize a moral appraisal of companies through eight specific questions, including law compliance, propriety, honesty, transparency, treatment of employees, and reactions to negative disclosures (Entine & Jennings, 1994). Their approach integrates ethical considerations directly into the assessment of corporate character, advocating for an introspective view of integrity beyond mere profit motives.
In contrast, Milton Friedman (1970) famously argued that the primary social responsibility of business is to maximize shareholder wealth, suggesting that CSR efforts are often secondary or even detrimental to economic objectives. R. Edward Freeman (1984), on the other hand, promoted stakeholder theory, emphasizing that companies should serve the interests of all stakeholders, not just shareholders. Freeman’s view introduces a broad responsibility encompassing employee welfare, customer satisfaction, and community impact — aligning somewhat with Entine and Jennings’ questions but focusing on stakeholder relationships rather than moral character alone.
Differences in CSR Measurement
The eight-question model differs significantly from traditional CSR measurement tools, which often rely on quantitative metrics such as environmental impact reports, social audits, or corporate sustainability indices (Carroll, 1999). Entine and Jennings’ approach is qualitative and values-based, emphasizing moral integrity and ethical consistency rather than numerical data. This moral framework invites a deeper assessment of character rather than surface-level compliance with social norms.
If Fannie Mae is analyzed using Entine and Jennings’ model, questions about its honesty and integrity come to the forefront. Due to past scandals related to mortgage practices and financial misreporting, applying the eight questions perhaps would lead to a critical evaluation and possibly label Fannie Mae as lacking full honesty, especially when examining how transparently it handles disclosures and addresses ethical dilemmas.
Implications and Scholarly Considerations
These models underscore the importance of moral responsibility in corporate governance. Applying the eight-question framework encourages companies to self-reflect and uphold higher standards of honesty, transparency, and ethical treatment of stakeholders (Schmitz & Coates, 2019). Incorporating scholarly debate around CSR, ethical leadership, and corporate integrity reveals that while quantitative measures are valuable, moral and ethical evaluations provide a richer, more comprehensive perspective.
In conclusion, integrating the ethical questions posed by Entine and Jennings enriches the traditional view of CSR, urging corporations to prioritize moral character alongside economic performance. Such an approach supports the development of trust, sustainability, and long-term stakeholder relationships — critical factors for corporate success in today’s socially conscious environment.
References
- Carroll, A. B. (1999). Corporate social responsibility: Evolution and future directions. International Journal of Management Reviews, 1(1), 21–45.
- Entine, J., & Jennings, M. (1994). Developing ethical corporate culture: Eight questions to ask. Business Ethics Quarterly, 4(4), 517–536.
- Friedman, M. (1970). The social responsibility of business is to increase its profits. The New York Times Magazine.
- Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Pitman.
- Schmitz, J., & Coates, D. (2019). Ethical leadership and corporate reputation: A multidimensional analysis. Journal of Business Ethics, 154(2), 343–357.