100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Management Chapter 5 $7.00   Add to cart

Summary

Summary Management Chapter 5

 292 views  1 purchase
  • Course
  • Institution
  • Book

A summary of management Chapter 5, 14th global edition Stephen P. Robbins, Mary Coulter (Pearson).

Preview 2 out of 7  pages

  • No
  • Chapter 5
  • May 14, 2020
  • 7
  • 2019/2020
  • Summary
avatar-seller
Chapter 5: Socially conscious management


L05.1




Definitions

Classical view: The view that management’s only social responsibility is to maximize
profits.
Social obligation (classical view): When a firm engages in social actions because of its
obligation to meet certain economic and legal responsibilities.
Socioeconomic view: The view that management’s social responsibility goes beyond
making profits to include protecting and improving society’s welfare.
Social responsiveness (Socioeconomic view): When a firm engages in social actions in
response to some popular social need.
Social responsibility (Socioeconomic view): A business’s intention, beyond its legal and
economic obligations, to do the right things and act in ways that are good for society.


Social responsibility (p.182)

, L05.2




Green approaches

 Legal: Doing what is required legally,
which is social obligation.
 Market: organizations respond to the
environmental preferences of their
customers (social responsiveness).
 Stakeholder: organization works to meet
the environmental demands of multiple
stakeholders such as employees,
suppliers, or community.
 Activist: An organization looks for ways to respect and preserve the earth and its
natural resources (social responsibility).



Evaluating green actions

1. examining reports that companies make about their environmental performance.
2. by looking for compliance with global standards for environmental management (ISO
14000).
3. Global 100 list of the most sustainable corporations in the world.



Definitions

Green management: Managers consider the impact of their organization on the natural
environment.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller demithijssen. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.00  1x  sold
  • (0)
  Add to cart