BA 342 FINAL EXAM || With Questions & 100% Correct Answers
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BA 342 FINAL EXAM || With Questions & 100% Correct Answers
BA 342 FINAL EXAM || With Questions & 100% Correct Answers
CSR & You - 3 things to be a corporate leader - ANSWER - 1) Can you manage money?
2) Can you manage people?
3) What have you done in social responsibility?
B Lab Shareh...
BA 342 FINAL EXAM || With
Questions & 100% Correct
Answers
CONCEPTIAL RESEARCH | conceptialresearch@gmail.com
, BA 342 FINAL EXAM || With Questions
& 100% Correct Answers
CSR & You - 3 things to be a corporate leader - ANSWER - 1) Can you manage
money?
2) Can you manage people?
3) What have you done in social responsibility?
B Lab Shareholder vs Stakeholder, Warby Parker - ANSWER - B Lab is a
certification group that gives certification to companies that meet the highest
standards of...
- social & environmental performance,
- public transparency
- legal accountability
B Corp - "Benefits Corporation"
Shareholder - 20th century old view
Stakeholder - 21st century view; social & environmental problems can be solves
through businesses, make money + make a difference
Ex. Warby Parker is an eye glass company that donates a pair of eye glasses for
every pair they sell.
What are the Big 5 stakeholders? (NOT MODEL) - ANSWER - Owners
Community
Consumers
Government
Employees
Responsibility definition - ANSWER - The ability or authority to act or decide on one's
own without supervision
Responsible Leadership definition - ANSWER - Making business decisions that take
into account stakeholders such as workers, clients, suppliers, the environment, the
community, and future generations.
Hurricane Katrina & Walmart Case - ANSWER - - Business Community saved
Katrina
- Walmart sent 2500 trucks into the area and gave
away all inventory for free
- It was about people, community, & operations
Walmart Case + Pros and Cons - ANSWER - - wanted to give customers bang for
their buck
, - early CSR initiatives "Buy American" &
"Environmental Awareness" campaign
- Local businesses didn't want Walmart in town
- Steamboat Springs prevented a Walmart
location for years
- Iowa city also tried to stop Walmart but failed
- Pawhuska, Oklahoma thought Walmart was a
billion-dollar parasite, Walmart has gotten
much more involved in the community since
- Walmart was accused of stripping communities
of their cultures and values
- Bribery scandal in Mexico, fire in Bangladesh
factory
Pros
- 200 mil customers/week
- Largest company $485 bil/year
- 10,800 stores in 27 countries
- 2.3 mil employees
- 2012 donated $1 bil in cash + 2.2 mil hours
- Sustainability drivers (zero waste, renewable
energy)
- Save the Gulf
Cons
- Downtown declines
- Green becomes pavement
- Consumerism; buy more stuff
- Closed culture lead activists to fight company
- Workforce issues (wages, overtime, gender)
- Legal issues
- Bribery scandal in Mexico 2012
- 17 lawsuits filed per day
Unilever Big 3 Goals + Subheadings - ANSWER - 1) Improve health and well-being
for over 1 billion people
- Health and hygiene
- Improving nutrition
2) Reducing environmental impact by half
- Greenhouse gasses
- Water use
- Waste and packaging
- Sustainable sourcing
3) Enhancing livelihood for millions
- Fairness in the workplace
- Opportunities for women
- Inclusive business
Occupational Safety & Health Administration (OSHA) + Mission - ANSWER - Mission
- To assure safe and healthful conditions for working men and women by setting and
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