BA 342 Final Exam (2024) || With Complete Questions & Answers (Graded A+)
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BA 342
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BA 342
BA 342 Final Exam (2024) || With Complete Questions & Answers (Graded A+)
BA 342 Final Exam (2024) || With Complete Questions & Answers (Graded A+)
Responsibility & Responsible Leadership Definition - ANSWER - Responsibility: The ability or authority to act or decide on one's own without superv...
in class we looked at how firms respond to the pre
activities that make a good socially responsible c
consumer problems with business what are the prob
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BA 342
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BA 342 Final Exam (2024) || With
Complete Questions & Answers (Graded
A+)
Conceptial Research 2024 conceptialresearch@gmail.com
, BA 342 Final Exam (2024) || With
Complete Questions & Answers
(Graded A+)
Responsibility & Responsible Leadership Definition - ANSWER - Responsibility: The
ability or authority to act or decide on one's own without supervision
Responsible Leadership: Making business decisions that... takes into account
stakeholders, such as workers, clients, suppliers, the environment, the community
and FUTURE GENERATIONS"
Hurricane's Cases (Wal-Mart Pros and Cons) - ANSWER - FEMA failed miserably,
but the business community saved us (Walmart)
Pro: Walmart was the first to arrive in New Orleans, giving everybody free food and
water
Con: Walmart dismissed blame after one of it trucks struck Tracey Morgan's limo van
in early 2014, causing legal action and negative PR attention for Walmart
Doug McMillon Walmart Initiatives - ANSWER - -100% renewable energy
-Forests - Zero Net Deforestation
-100% recycled packaging
-Sustainability throughout the Supply Chain
Communities $1.4 Billion in donations/year
Theme: McMillon: "We have to be a stakeholder corporation, we have to work very
hard on the pros of our business model"
What makes a good citizen?- the elements - ANSWER - CEO's are thinking about
stakeholders
Citizenship 3 Part Definition (Traditional) - ANSWER - 1. Corporate social
responsibility: emphasis on obligation and accountability
2. Corporate social responsiveness: emphasis on action & activity
3. Corporate social performance: emphasis on outcomes and results
License to Operate (what does this mean?) - ANSWER - the right to do business
informally conferred by society on a business firm; must be earned through socially
responsible behavior
Business Case for CSR - ANSWER - 1. Innovation: New Business
2. Cost savings: Customer retention
3. Brand Differentiation: Better relation stakeholders
4. Long-Term Thinking: Attract/Retain Employees
5. Customer Engagement: Decrease Costs
6. Employee Engagement: Enhanced Reputation
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