Description

Chapter: 7 -Problem: 5 >> Do you think the United States or the European Union used public policy better to respond to the pandemic? Why do you think so?
Answer Preview: The European Union has generally taken a more proactive approach , with its member states introducin…

, Chapter: 10 -Problem: 2 >> Understanding the advantages and disadvantages of different regulatory approaches.
Answer Preview: Ad vant ages of Command and Control Regulatory Appro aches Command and control regulatory approaches …

, Chapter: 12 -Problem: 2 >> Exploring how business accesses stakeholders’ personal information and understanding possible limits to this access.
Answer Preview: Two major market stakeholders targeted by business o…

, Chapter: 8 -Problem: 5 >> Recognizing the challenges business faces in managing business-government relations in different countries.
Answer Preview: The differing national rules and practices governing politic…

, Chapter: 7 -Problem: 4 >> What else could either government do to protect their citizens and businesses from the impact?
Answer Preview: 1 . Provide support for businesses , such as subsid izing wages , providing grants , and offering lo…

, Chapter: 7 -Problem: 4 >> Knowing the major types of government regulation of business.
Answer Preview: Regulation can take the form of laws affecting an orga…

, Chapter: 7 -Problem: 2 >> What types of public policy are evident in the U.S. and EU economic relief packages?
Answer Preview: Clearly there are economic policies in the case specifically, fiscal policy in the U S., spending …

, Chapter: 6 -Problem: 5 >> Why did Vale’s employees and members of the community not advocate effectively for improvements in the dam’s safety?
Answer Preview: Despite initial efforts to improve the dams safety, as described i…

, Chapter: 6 -Problem: 4 >> Assessing the strengths and weaknesses of a comprehensive ethics program.
Answer Preview: Stre ng ths : 1 . A comprehensive ethics program provides a clear and consistent framework for ethic…

, Chapter: 7 -Problem: 1 >> Understanding why sometimes governments and business collaborate and other times work in opposition to each other.
Answer Preview: Governments relationship with business ranges …

, Chapter: 5 -Problem: 5 >> If you were Mike Roman, what would you do to make an ethical decision?
Answer Preview: They should be encouraged to think globally a…

, Chapter: 15 -Problem: 2 >> Knowing how government regulations assure occupational safety and health and what business must do to protect workers.
Answer Preview: Job safety and health concerns have increa…

, Chapter: 17 -Problem: 6 >> What more, if anything, could IKEA do now to improve sustainability in the cotton sector?
Answer Preview: The discussion case reports that IKEA had made gre…

, Chapter: 16 -Problem: 2 >> Understanding where women and persons of color work,how much they are paid, and what roles they play as managers and business owners.
Answer Preview: Women and persons of color have made great strides in entering all occ…

, Chapter: 19 -Problem: 5 >> Evaluating a firm’s crisis management plan as an effective tool for handling an unexpected situation.
Answer Preview: A firm s crisis management plan is an effective tool for handling a…

, Chapter: 1 -Problem: 5 >> Recognizing the diverse ways in which modern corporations organize internally to interact with various stakeholders.
Answer Preview: Modern corporations have developed a range of boundary-crossing …

, Chapter: 14 -Problem: 6 >> Was the settlement fair to consumers, or not?
Answer Preview: Students may disagree on this point. The settlement was quite generous: V…

, Chapter: 15 -Problem: 5 >> Amazon’s efforts to counter efforts to unionize are legal, but are these efforts ethical?
Answer Preview: Whether Amazon 's efforts to counter efforts to union ize are et…

, Chapter: 14 -Problem: 1 >> In what ways were consumers (car owners) harmed by Volkswagen’s actions?
Answer Preview: Owners of VW clean diesel vehicles were harmed in seve…

, Chapter: 4 -Problem: 2 >> Identifying the international financial and trade institutions that have shaped the globalization process in recent decades.
Answer Preview: The process of globalization is dri…

, Chapter: 16 -Problem: 3 >> Even though it was discovered that a disgruntled employee fraudulently sent posts to Black applicants rejecting their applications based on their names, should Mantality be held responsible?
Answer Preview: Yes , Ment ality should be held responsible for the fraudulent posts sent to Black applicants . A…

, Chapter: 18 -Problem: 6 >> Analyzing how collaborative partnerships between businesses and communities can address today’s pressing social problems.
Answer Preview: Coll abor ative partnerships between businesses and communities can be powerful tools i…

, Chapter: 19 -Problem: 5 >> What should the company do now to regain its customers’ trust?
Answer Preview: 1 . Take responsibility for the data breach and apol…

, Chapter: 16 -Problem: 4 >> If you were an HR manager for one of the companies described in the case, what changes would you make to ensure that the hiring process was fair and inclusive? What changes would you make to promote an inclusive and equitable corporate culture?
Answer Preview: 1 . Change the company s recruitment process to ensure that it is fair and unbiased for all candidat…

, Chapter: 3 -Problem: 6 >> Distinguishing among the sequential stages of global corporate citizenship.
Answer Preview: Companies progress through five distinct stages as they develop …

, Chapter: 3 -Problem: 4 >> Is Price acting like an executive of a firm that could be certified as a B corporation?
Answer Preview: One might claim that Price is acting like an executive from a B Corporation. …

, Chapter: 17 -Problem: 2 >> What social, ethical, and environmental risks were present in IKEA’s cotton supply chain?
Answer Preview: Several social, ethical, and environmental risks were presen…

, Chapter: 5 -Problem: 6 >> Analyzing ethical problems using generally accepted ethics theories.
Answer Preview: People in business can analyze eth…

, Chapter: 14 -Problem: 2 >> Analyzing the reasons for consumer advocacy and the methods consumer organizations use to advance their interests.
Answer Preview: The consumer movement represe…

, Chapter: 17 -Problem: 1 >> Understand what suppliers are, the nature of suppliers’ interests and power, and the scope of the global supply chain.
Answer Preview: A supplier is an organization that provides goods or services to another organization. Suppliers a…

, Chapter: 15 -Problem: 4 >> Amazon has consistently defeated worker efforts to unionize. What factors make it particularly difficult for Amazon workers to unionize?
Answer Preview: Individually, Amazon workers are at a disadvantage. Amazon ofte…

, Chapter: 15 -Problem: 4 >> Analyzing employer obligations to pay workers fairly and how pay policies can contribute to income inequality.
Answer Preview: Employ ers have an obligation to pay workers fairly for their labor . Pay policies can contribute to …

, Chapter: 18 -Problem: 1 >> Defining a community, and understanding the interdependencies between companies and the communities in which they operate.
Answer Preview: A community is a group of people who share common interests , values , and experience…

, Chapter: 18 -Problem: 2 >> What does integrated philanthropy mean, and how does it compare with the philanthropic initiatives of other companies discussed in this chapter?
Answer Preview: Integrated philanthropy, as practiced by Salesforce, refers to a strategy of coord…

, Chapter: 18 -Problem: 5 >> Evaluating how companies can direct their giving strategically, to further their own business objectives.
Answer Preview: Many companies have adopted a strategic approach to philanthropy, linking the…

, Chapter: 15 -Problem: 2 >> Why do you think management was unresponsive to employee concerns?
Answer Preview: Management may have been un responsive to employee …

, Chapter: 4 -Problem: 1 >> Defining globalization and classifying the major ways in which companies enter the global marketplace.
Answer Preview: Globalization refers to the increasing movement of goods, se…

, Chapter: 14 -Problem: 6 >> Evaluating how socially responsible corporations can proactively respond to consumer needs.
Answer Preview: Socially responsible companies have responded to the consumer movement by givi…

, Chapter: 14 -Problem: 4 >> Determining how consumer privacy online can best be protected.
Answer Preview: 1 . Est ablish a legal framework that provides consumers with clear rights and protections online . …

, Chapter: 15 -Problem: 5 >> Appraising the extent of employees’ right to privacy, when businesses monitor employee communications, police romance in the office, test for drugs or alcohol, or subject employees to honesty tests.
Answer Preview: Employ ees have a right to privacy in the workplace , however this right is limited and not absolute …

, Chapter: 3 -Problem: 5 >> Defining global corporate citizenship and recognizing the rapidly evolving management practices to support global citizenship.
Answer Preview: Global corporate citizenship refers to putting a commitment to serving various stak…

, Chapter: 15 -Problem: 6 >> Why do you believe that Amazon opposed the unionization of its employees? Would unionization of its workers benefit Amazon in any way?
Answer Preview: Amazon likely opposes the union ization of its employees becau…

, Chapter: 1 -Problem: 2 >> Considering the purpose of the modern corporation.
Answer Preview: According to the stakeholder theory of the firm, the purpose of the modern corporatio…

, Chapter: 1 -Problem: 4 >> Conducting a stakeholder analysis and understanding the basis of stakeholder interests and power.
Answer Preview: Stakeholders often have multiple interests and can exercise their econo…

, Chapter: 18 -Problem: 2 >> Analyzing why it is in the interest of business to respond to community problems and needs.
Answer Preview: Addressing a communitys needs in a positive way helps bus…

, Chapter: 14 -Problem: 4 >> If you were an owner of a VW, Audi, or Porsche vehicle equipped with a defeat device, what would be your options? What would you choose to do, and why?
Answer Preview: options as an owner of a VW , Audi , or Porsche vehicle equipped with a defeat device would depend o…

, Chapter: 19 -Problem: 4 >> Assessing how brand management can best manage a firm’s reputation.
Answer Preview: Effective brand management helps increase the perceived …

, Chapter: 6 -Problem: 2 >> What ethical safeguards were present at Vale at the time of the dam collapse? Why did they not prevent the dam collapse?
Answer Preview: Vale appeared to have created reporting mechanisms, but …

, Chapter: 3 -Problem: 1 >> Is Price demonstrating elements of corporate social responsibility by his actions in this case, or not?Are Price’s actions creating shared value at Gravity Payments?
Answer Preview: Although this is a subjective question, the chapter provides a number of tools to assess Prices acti…

, Chapter: 5 -Problem: 7 >> Understanding how perceptions of moral intensity affect an individual’s ethical decision making.
Answer Preview: The perceived moral intensi…

, Chapter: 1 -Problem: 6 >> Analyzing the forces of change that continually reshape the business and society relationship.
Answer Preview: A number of broad forces shape the relationship between business and society. These i…

, Chapter: 17 -Problem: 3 >> What characteristics of the cotton supply chain made enforcing its code of conduct especially challenging for IKEA?
Answer Preview: There are several characteristics of the cotton supply chain that make enforcing I KE A s code of co…

, Chapter: 15 -Problem: 7 >> How would the PRO Act affect situations similar to the union campaign described in this case?
Answer Preview: The PRO Act would provide better protection for workers, making it difficult for …

, Chapter: 7 -Problem: 2 >> Defining public policy and the elements of the public policy process.
Answer Preview: A public policy is an action under…

, Chapter: 6 -Problem: 3 >> Creating effective ethics polices, ethics reporting mechanisms, ethics training programs, and similar safeguards.
Answer Preview: Companies need to create a complex series of ethical safeguards to enable emp…

, Chapter: 15 -Problem: 1 >> Understanding workers’ rights to organize unions and bargain collectively.
Answer Preview: U S. labor laws give most workers the right to organize uni…

, Chapter: 13 -Problem: 4 >> Evaluating various ways shareholders can promote their economic and social objectives.
Answer Preview: Shareholders have influenced corporate actions by forming organizations to promote their i…

, Chapter: 14 -Problem: 1 >> Knowing the five major rights of consumers.
Answer Preview: The five key consumer …

, Chapter: 6 -Problem: 2 >> Recognizing ethics challenges across the multiple functions of business.
Answer Preview: Not all ethical issues in business are the same…

, Chapter: 3 -Problem: 2 >> Knowing history and evolution of the corporate social responsibility concept and investigating how a company’s purpose or mission can integrate social objectives with economic and legal objectives.
Answer Preview: The idea of corporate social responsibility was ado…

, Chapter: 5 -Problem: 4 >> Which of the several types of moral intensity are relevant in the case?
Answer Preview: Magnitude of consequences would be relevant as the consequences to th…

, Chapter: 16 -Problem: 6 >> Understanding what corporate policies and practicesare most effective in helping today’s employees manage the complex, multiple demands of work and family obligations.
Answer Preview: 1 . Flex ible Working Ar rang ements : Off ering flexible working arrangements such as flexible hour…

, Chapter: 4 -Problem: 4 >> Identifying the major types of political and economic systems in which companies operate across the world.
Answer Preview: Multinational enterprisesoperate in nations …

, Chapter: 6 -Problem: 3 >> What additional ethical safeguards were needed at Vale that could have prevented, or mitigated the harms from, the dam collapse?
Answer Preview: In addition to the critical focus on a stronger ethical climate at Vale, the company …

, Chapter: 4 -Problem: 5 >> Understanding global inequalities of wealth and income and analyzing the special challenges of serving those at the “bottom of the pyramid.”
Answer Preview: In a world of great inequalities o…

, Chapter: 3 -Problem: 4 >> Examining the role of business with an explicitly social mission, such as social entrepreneurial ventures and B corporations.
Answer Preview: Social entrepreneurs incorporate social and environmental be…

, Chapter: 19 -Problem: 2 >> Understanding what constitutes a good corporate reputation and why it is important.
Answer Preview: A good corporate reputation is based upon a company 's credibility , trust worthiness , and ethi…

, Chapter: 3 -Problem: 3 >> Examining the key arguments in support of and concerns about corporate social responsibility.
Answer Preview: Corporate social responsibility is a controversial not…

, Chapter: 19 -Problem: 6 >> Recognizing tactics that enable businesses to engage with the general public and other stakeholders to enhance the firm’s reputation.
Answer Preview: 1 . Corporate Social Responsibility ( CS R ) initiatives : CS R initiatives are an effective way for …

, Chapter: 15 -Problem: 3 >> Evaluating the limits of employers’ duty to provide job security to their workers.
Answer Preview: Employers right to discharge at will has been limited, …

, Chapter: 18 -Problem: 3 >> Knowing the major responsibilities of community relations managers.
Answer Preview: Many corporations have established community rel…

, Chapter: 15 -Problem: 3 >> What factors could prevent managers from addressing employee concerns?
Answer Preview: 1 . Fear of conflict : Man agers may be afraid to confront employee…

, Chapter: 5 -Problem: 3 >> Knowing why ethical problems occur in business.
Answer Preview: Ethics problems occur in business for many reas…

, Chapter: 15 -Problem: 6 >> Debating if employees have a duty to blow the whistle on corporate misconduct, or if employees should always be loyal to their employer.
Answer Preview: Blowing the whistle on ones employer is oft…

, Chapter: 5 -Problem: 4 >> Identifying managerial values and people’s spirituality as influences on ethical decision-making.
Answer Preview: Managers on-the-job values tend to be company-oriented, assigning high priority to com…

, Chapter: 14 -Problem: 5 >> Examining how the courts protect consumers and efforts by businesses to change product liability laws.
Answer Preview: Business has complained about the number of product …

, Chapter: 17 -Problem: 5 >> Analyze the reasons for and benefits of engaging collaboratively with suppliers to build capability and create shared value and the conditions under which such initiatives are likely to succeed.
Answer Preview: Re asons for Eng aging Collabor atively with Supp l iers : 1 . Cost Savings : By working together with suppliers , businesses can reduce costs by stre…

, Chapter: 19 -Problem: 3 >> Did these incidents constitute a crisis, as defined in the chapter?
Answer Preview: Yes , these incidents constitute a crisis as defined in the chapter . A crisis is …

, Chapter: 4 -Problem: 6 >> Assessing how businesses can work collaboratively with governments and the civil sector to address global social issues?
Answer Preview: Businesses can work with governments …

, Chapter: 18 -Problem: 4 >> Examining how different forms of corporate giving contribute to building strong relationships between businesses and communities.
Answer Preview: Corporate giving comprises gifts of cash, property, and employe…

, Chapter: 18 -Problem: 4 >> What are the benefits and risks to Salesforce of its approach to philanthropy?
Answer Preview: Salesforces integrated philanthropy carries both benefits and risks fo…

, Chapter: 5 -Problem: 1 >> Do you believe it was right for the Administration to ask 3M to direct its N95 respirators first to U.S. customers? Why or why not?
Answer Preview: This question raises ethical relativity questions. From an e…

, Chapter: 6 -Problem: 1 >> Classifying an organization’s culture and ethical climate.
Answer Preview: A companys culture and ethical climate tend t…

, Chapter: 16 -Problem: 4 >> Assessing the ways in which diversity confers a competitive advantage.
Answer Preview: Companies that manage diversity effec…

, Chapter: 16 -Problem: 2 >> Do you think that Jinghua’s, Francisco’s, and Dhiriti’s nicknames promote or hamper workplace inclusion? Explain your answer.
Answer Preview: This depends on the context of the nick names and how they are used . If they are used in a respec…

, Chapter: 16 -Problem: 3 >> Identifying the role government plays in securing equal employment opportunity for historically disadvantaged groups, and debating whether affirmative action is an effective strategy for promoting equal opportunity.
Answer Preview: Under U S. law, businesses are required to provide equal opportunity to al…

, Chapter: 4 -Problem: 2 >> Consider the three sectors discussed in this chapter (business, government, and civil society). What were the interests of each, with respect to conflict coltan, and in what ways did their interests converge?
Answer Preview: As explained in the chapter, the term sector refers to major parts or spheres of society, such as b…

, Chapter: 4 -Problem: 1 >> How do conflict minerals, and in particular, conflict coltan get their name? What groups benefited from the trade in conflict minerals? What groups were hurt by it?
Answer Preview: Conflict minerals are minerals such as tantalum, tungsten, tin, and gold in the Democra…

, Chapter: 5 -Problem: 2 >> Evaluating why businesses should be ethical from a practical and normative view.
Answer Preview: Ethical business behavior enhances bu…

, Chapter: 4 -Problem: 3 >> Analyzing the benefits and costs of the globalization of business.
Answer Preview: Globalization brings both benefits and costs. On one hand, it has the potentia…

, Chapter: 17 -Problem: 1 >> Draw a supply chain map of IKEA’s cotton supply chain.
Answer Preview: IKEA is a Swedish home furnishings company that is known for its affordable and stylish furniture an…

, Chapter: 16 -Problem: 1 >> Knowing in what ways the workforce of the United States is diverse, and evaluating how it might change in the future.
Answer Preview: The U S. workforce is as diverse as it has ever been an…

, Chapter: 14 -Problem: 5 >> What are the advantages and disadvantages to consumers of a class action lawsuit of the kind described here?
Answer Preview: Consumer lawsuits have disadvantages: they take time and cost m…

, Chapter: 19 -Problem: 3 >> Knowing the basic elements and activities of a firm’s public relations department.
Answer Preview: 1 . Develop ing and executing a PR strategy : This includes creating a comprehensive plan to effecti…

, Chapter: 13 -Problem: 3 >> Analyzing the function of executive compensation and debating if top managers are paid too much.
Answer Preview: Some observers argue that the compensation of top US executives i…

, Chapter: 16 -Problem: 6 >> What do you think Xiuying will do? What do you think she should do? Why?
Answer Preview: X iu ying is faced with a difficult decision and it is impossible to say what she should do without …

, Chapter: 8 -Problem: 3 >> Assessing the tactics businesses can use to be involved in the political process.
Answer Preview: Some of the political action tactics available for business include lobbying direct …

, Chapter: 1 -Problem: 3 >> Knowing what a stakeholder is and who a corporation’s market and nonmarket and internal and external stakeholders are.
Answer Preview: Every business firm has economic and social relationships with others in socie…

, Chapter: 16 -Problem: 1 >> What dimensions of diversity are represented in a name?
Answer Preview: 1 . Cultural / National ity : A name can often reflect whe…

, Chapter: 3 -Problem: 1 >> Understanding the role of big business and the responsible use of corporate power in a democratic society.
Answer Preview: The worlds largest corporations are capable of wielding t…

, Chapter: 14 -Problem: 3 >> Assessing the ways in which government regulatory agencies protect consumers and what kinds of products are most likely to be regulated.
Answer Preview: Consumer protection laws and regulatory agencies …

, Chapter: 16 -Problem: 5 >> If an employer’s request to change someone’s name is intended to make it easier for others to pronounce, is this a violation of Title VII? Why or why not?
Answer Preview: The request alone would not necessarily constitute a v…

, Chapter: 19 -Problem: 2 >> Did these incidents impact the firm’s corporate identity or corporate image, or both, as described in the chapter?
Answer Preview: The incidents described in the question could have …

, Chapter: 12 -Problem: 6 >> Understanding the threat of cybercrime, and the magnitude of the costs and possible causes of the increase in cybercrime.
Answer Preview: Cybercrime is criminal activity committed by individuals or groups called …

, Chapter: 5 -Problem: 5 >> Understanding stages of moral reasoning and how they affect ethical choices.
Answer Preview: Individuals reason at various stages of …

, Chapter: 7 -Problem: 7 >> Examining the conditions that affect the regulation of business in a global context.
Answer Preview: The global regulation of business often oc…

, Chapter: 17 -Problem: 3 >> Describe contemporary trends in the private regulation of supply chain practices and analyze the reasons for the emergence of company and industrywide codes of conduct.
Answer Preview: Cont emporary trends in the private regulation of supply chain practices include the emergence of co…

, Chapter: 8 -Problem: 1 >> Did the steel industry act appropriately as a participant in the political environment when it sought economic protection from foreign steel imports?
Answer Preview: As discussed in the chapter each business is a citizen in our society according to the law and thus …

, Chapter: 19 -Problem: 1 >> Recognizing why the general public is an important organizational stakeholder.
Answer Preview: The general public affects the firm through its opinions of the fi…

, Chapter: 12 -Problem: 1 >> What are the benefits and costs, or advantages and disadvantages, of autonomous driving technology to various corporate stakeholders and society?
Answer Preview: There are many benefits touted from the emergence of autonomous driving technology As Constantine Sa…

, Chapter: 13 -Problem: 5 >> Understanding how the government protects against stock market abuses, such as fraudulent accounting and insider trading.
Answer Preview: 1 . Regulation of Public ly Tr aded Companies : The Securities and Exchange Commission ( SEC ) regul…

, Chapter: 10 -Problem: 3 >> Assessing the costs and benefits of environmental regulation.
Answer Preview: Environmental laws have brought many benefits Air water …

, Chapter: 15 -Problem: 1 >> Which workplace rights were violated in this situation?
Answer Preview: 1 . Right to Equal Opportunity : The employer violat…

, Chapter: 12 -Problem: 3 >> Understanding the increasing role of e-business and omnichannel distribution in the global marketplace.
Answer Preview: Businesses increasingly use electroni…

, Chapter: 17 -Problem: 4 >> Understand the various methods businesses and nonprofit organizations use to audit global supply chains for compliance with codes of conduct and other standards.
Answer Preview: Lead firms and groups of firms use several methods to audit com…

, Chapter: 8 -Problem: 1 >> Understanding the arguments for and against business participation in the political process.
Answer Preview: Some believe that businesses should be involved in politics because th…

, Chapter: 3 -Problem: 7 >> Understanding how businesses assess and report their social performance.
Answer Preview: Many companies have created systemic audits of their social, ethical, and envi…

, Chapter: 14 -Problem: 2 >> Did Volkswagen violate any U.S. consumer protection laws, and if so, which ones?
Answer Preview: Yes it did As the chapter explains deceptive advertising is illegal …

, Chapter: 1 -Problem: 1 >> Understanding the relationship between business and society and the ways in which business and society are part of an interactive system.
Answer Preview: Business firms are organizations that are engaged in making a product or providing a s…

, Chapter: 17 -Problem: 2 >> Examine the social, ethical, and environmental issues that arise in global supply chains and how they can affect a company’s reputation and bottom line.
Answer Preview: Many social, ethical, and environmental issues arise in global supply chains. These incl…

, Chapter: 9 -Problem: 2 >> Defining sustainable development and understanding how the Sustainable Development Goals (SDGs) can help society achieve it.
Answer Preview: Many world leaders have supported the idea of sustainable develo…

, Chapter: 16 -Problem: 5 >> Formulating how companies can best manage workforce diversity, making the workplace welcoming, fair, and accommodating to all employees.
Answer Preview: 1 Develop a comprehensive diversity policy Companies should create a comprehensive policy outlining …

, Chapter: 8 -Problem: 5 >> Should Chinese and other country’s steel producers be permitted to engage as a political participant in the U.S. political environment to protect their economic interests?
Answer Preview: An argument could be made that it would be fair to all…

, Chapter: 11 -Problem: 2 >> Recognizing how technology has evolved throughout history.
Answer Preview: Societies have sequential…

, Chapter: 8 -Problem: 4 >> Examining the role of the public affairs department and its staff.
Answer Preview: The public affairs department is responsible for managing the organization s public image and …

, Chapter: 12 -Problem: 3 >> What steps could business, government, or individual drivers take to reduce the risk of hacking in autonomous vehicles?
Answer Preview: Already we are seeing government stepping in to regulate the use of autonomou…

, Chapter: 10 -Problem: 5 >> Do you consider GM a corporate sustainability leader? Why or why not?
Answer Preview: No General Motors GM is not a corporate sustainability leader GM …

, Chapter: 11 -Problem: 3 >> The chapter discusses various ethical challenges involving technology. What ethical challenges are present in the Chinese social credit system? What changes might the Chinese government make to address these ethical challenges?
Answer Preview: One major potential ethical challenge that focuses on the consequences of …

, Chapter: 8 -Problem: 2 >> Knowing the types of corporate political strategies and the influences on an organization’s development of a particular strategy.
Answer Preview: There are three political strategies informati…

, Chapter: 9 -Problem: 5 >> Examining common environmental issues, including climate change, that challenge all nations and business.
Answer Preview: Five critical environmental issuesclimate change ozone de…

, Chapter: 8 -Problem: 3 >> What other political strategies could the steel industry have used to promote their interests and how?
Answer Preview: Although many of the available political strategies were employe…

, Chapter: 11 -Problem: 5 >> Examining inequalities in public access to technology.
Answer Preview: I ne qual ities in public access to technology can be seen in many different forms ranging from disp…

, Chapter: 10 -Problem: 6 >> Analyzing how effective sustainability management makes firms more competitive and improves their financial performance.
Answer Preview: S ustain ability management allows firms to reduce their environmental impact while …

, Chapter: 13 -Problem: 1 >> Identifying different kinds of shareholders and understanding their objectives and legal rights.
Answer Preview: Individuals and institutions own shares of corporations …

, Chapter: 9 -Problem: 1 >> Understanding how business and society interact within the natural environment.
Answer Preview: Business and society oper…

, Chapter: 12 -Problem: 4 >> Examining challenges businesses face in managing and adopting artificial intelligence, specifically through the use of robotics and drones, in business operations.
Answer Preview: 1 Cost Implement ing AI and robotics in business operations can be expensive and require upfront inv…

, Chapter: 11 -Problem: 4 >> Could China’s social credit system be adopted in other countries? What would be the obstacles in other countries that do not exist in China?
Answer Preview: It does seem unlikely that the Chinese social credit system would or cou…

, Chapter: 10 -Problem: 6 >> Do you believe GM will succeed? Why or why not?
Answer Preview: Whether or not GM will succeed depends on a variety of factors including how th…

, Chapter: 9 -Problem: 6 >> Analyzing the steps both large and small businesses can take globally to reduce ecological damage and promote sustainable development.
Answer Preview: Global businesses have begun to put the principl…

, Chapter: 12 -Problem: 7 >> Identifying business responses and government efforts to combatinvasions of information security and cybercrime.
Answer Preview: Given the serious and costly threats of cybercrime businesses have created comprehensive defenses c…

, Chapter: 7 -Problem: 5 >> Identifying the purpose of antitrust laws and the remedies that may be imposed.
Answer Preview: Antitrust laws seek to preserve competition in …

, Chapter: 11 -Problem: 1 >> Defining technology and its characteristics.
Answer Preview: Technology is the practi…

, Chapter: 7 -Problem: 6 >> Comparing the costs and benefits of regulation for business and society.
Answer Preview: Although regulations are often very costly many …

, Chapter: 13 -Problem: 2 >> Knowing how corporations are governed and explaining the role of the board of directors in protecting the interests of investors and other stakeholders.
Answer Preview: In the modern system of corporate governance boards of directors are responsible for setting ove…

, Chapter: 11 -Problem: 4 >> Understanding the potential challenges from unwanted threats arising from individuals’ use of the Internet and other social media platforms.
Answer Preview: The presence of the Inte…

, Chapter: 12 -Problem: 2 >> Are the threats of harm from autonomous vehicles simply an acceptable risk, especially when compared to fatalities caused by human-driven vehicles?
Answer Preview: This is a highly subjective question Students will need to argue the balance …

, Chapter: 11 -Problem: 3 >> Analyzing and assessing how technology impacts individuals in society.
Answer Preview: Technology has exponentially increased its potential …

, Chapter: 10 -Problem: 3 >> Do you believe GM’s commitments are wise from a business perspective? Why?
Answer Preview: In some ways GMs commitments were wise from a business perspective The market for electr…

, Chapter: 11 -Problem: 6 >> Assessing the ethical challenges posed by new technologies.
Answer Preview: With significant advances in technology c…

, Chapter: 11 -Problem: 8 >> Evaluating the benefits and risks of recent breakthroughs in science and medicine.
Answer Preview: Benef its Recent breakthrough s in science and medicine have the potential to revolution ize health…

, Chapter: 10 -Problem: 2 >> Do you believe that government policy and regulations influenced GM’s decision making? If so, how?
Answer Preview: Yes government policy and regulations probably influenced GMs decisio…

, Chapter: 10 -Problem: 5 >> Understanding how businesses can best organize to manage for sustainability.
Answer Preview: Effective environmental management requires an integrat…

, Chapter: 7 -Problem: 3 >> In your view, was it more important for governments to respond to the pandemic with economic or social assistance policies?
Answer Preview: In my view , it was more important for governments to respond to the …

, Chapter: 12 -Problem: 1 >> Identifying the various interventions undertaken by governments to regulate technology.
Answer Preview: In some countries governments have taken s…

, Chapter: 13 -Problem: 3 >> Do you think Wynn Resorts’ institutional and individual shareholders used the rights described in this chapter effectively to protect their interests? Why or why not?
Answer Preview: The chapter describes several rights of shareholders including the right to cast an advis…

, Chapter: 10 -Problem: 1 >> Knowing the main features of environmental laws in the United States and other nations.
Answer Preview: 1 Air Quality Air pollution laws and regulations are designed to improve air quality by limiting the …

, Chapter: 9 -Problem: 5 >> In what ways does the adoption of clean cookstoves address the sustainable development goals?
Answer Preview: If the world economic market embraced clean and efficient cookstoves several of the …

, Chapter: 12 -Problem: 5 >> Assessing the emerging role and responsibilities of the organization’s chief information officer and other organizational functions that are responsible to ensure information security and privacy.
Answer Preview: Many businesses are relying on technology to enhance their …

, Chapter: 14 -Problem: 3 >> What were the potential benefits and risks to Volkswagen of its decision to defraud consumers and regulators?
Answer Preview: VWs decision to defraud consumers and regulators had both be…

, Chapter: 6 -Problem: 5 >> Understanding how to conduct business ethically in the global marketplace.
Answer Preview: C onduct ing business eth ically in the global marketplace requires a strong understanding of the la…

, Chapter: 10 -Problem: 4 >> Defining corporate sustainability leaders and describing actions they take to align their business practices with science-based sustainability goals.
Answer Preview: Corporate sustainability leaders recogniz…

, Chapter: 9 -Problem: 3 >> Understanding that the planet has fixed boundaries based on its interrelated natural systems, and the importance of operating within these limits for the long-term well-being of humanity.
Answer Preview: The Planetary Boundaries framework illustrates the idea …

, Chapter: 12 -Problem: 4 >> Do you think federal or state governments should regulate the emergence of autonomous driving technology, and if so how?
Answer Preview: Yes both federal and state governments should regulate …

, Chapter: 11 -Problem: 7 >> Identifying how some governments act to control or censor the use of technology by its citizens.
Answer Preview: 1 Restrict ing access to certain websites or content Some governments restrict access to websites so…

, Chapter: 12 -Problem: 5 >> If you were the chief technology officer of a company that was developing autonomously driven vehicles, what steps would you take to manage this technology appropriately?
Answer Preview: As the chief technology officer of a company that was developi…

, Chapter: 6 -Problem: 4 >> What role did the relationship between Vale and TUV SUD play in the dam disaster? Did TUV SUD have a conflict of interest, and if so, what was the conflict?
Answer Preview: Vale presumably hired TUV SUD as an independent watchdog, ensu…

, Chapter: 13 -Problem: 1 >> Do you think Steve Wynn’s executive compensation was justified, and why or why not?
Answer Preview: Whether or not Steve Wyn n s executive compensation was justified is a subj…

, Chapter: 9 -Problem: 4 >> Recognizing socio-economic trends that have put great strain on the environment.
Answer Preview: Four socioeconomic trendspopulation growth urb…

, Chapter: 7 -Problem: 3 >> Explaining the reasons for regulation.
Answer Preview: Regulation is needed to correct fo…

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12 Reviews for Business And Society Stakeholders Ethics Public Policy Textbook Questions And Answers