Topic: Drivers of Unethical Strategies and Business Behavior
38.
Identify and briefly describe the three main drivers of unethical strategies and unethical
managerial and business behavior.
39.
What is the business case for why a company should pursue ethical strategies?
40.
What are the strengths and weaknesses of the thesis that ethical standards are (or should be)
universal?
41.
Explain the difference between the school of ethical universalism and the school of ethical
relativism.
42.
Ethical relativism equates to sometimes conflicting sets of ethical standards. True or false?
Explain your answer.
43.
What is meant by integrative social contracts theory? How does such an approach ensure a
strong commitment to business ethics in companies with international operations?
44.
Discuss briefly what is meant by the terms
ethical universalism
and
ethical relativism
. Where
does integrative social contracts theory fit into the debate about ethical standards? Which of
the three schools of thought stands on the strongest ground?
45.
Explain the difference between ethical universalism and integrative social contracts theory.
Which school of thought do you think is most valid? Explain the reasons for your answer.
46.
Explain what is meant by the “triple bottom line.”
47.
What is the essence of the theory of corporate social responsibility (CSR)? How does the CSR
theory differ from the concept of corporate citizenship?
48.
Explain the key tenets of the concept of environmental sustainability. How does striving for
environmental sustainability impact strategic initiatives involving a company’s shareholders,
its employees, and the environment?
49.
Explain how companies committed to environmental sustainability are able to address
society’s concerns about protecting the environment while lowering costs and/or creating
value for customers.
50.
Explain what is meant by “sustainable business practices,” and using that explanation, provide
three examples of companies that pursue sustainability strategies.
51.
Why should a company endeavor to be socially responsible in its actions and conduct?
52.
There is a high correlation between socially responsible behavior that addresses social issues
and a firm’s competitive advantage and financial performance. Comment.