Canadian Business notes

Summary of Chapter 1: The Relationship between Business and Society Objectives: 1. Describe the complexity of the interrelationships between business and society. 2. Define the terminology relating to the integrity of business. 3. Differentiate between the three main approaches to ethical thinking. 4. Provide a brief description of the Canadian business system. 5. Explain the role of the corporation as the main economic institution in the business system. 6. Recognize that business opera...

Summary of Chapter 7: Corporate Social Responsibility: The Concept Objectives: 1. Describe corporate social responsibility (CSR). 2. Debate the pros and cons of corporate social responsibility in Canadian business. 3. Appreciate the various foundations of social responsibility theories. 4. Explain Carroll’s pyramid of corporate social responsibility. 5. Define the four contemporary CSR concepts: corporate sustainability, reputation management, social impact management, and triple bottom ...