“Ethics, Corporate Governance, and Corporate Social Responsibility (CSR) “ Please respond to the following:
- From the e-Activity, determine the ethical theory or theories (from Chapter 1 of the textbook) that best support(s) the B-corp concept. Support your response.
- Evaluate the likelihood of traditional corporations using social responsibility as an effective competitive strategy. Specify at least one (1) way that a company with which you are familiar can use (or has used) social responsibility as a competitive strategy in the marketing of its products / services, supply chain, charitable activities, strategic investments, or operation
Remember to include the law in your responses to provide adequate support and discussion.
First, discuss what a B-Corporation is and then determine which of the ethical theories discussed in the chapter would support this concept. Remember to discuss why the ethical theory supports the B-Corporation in detail.
Secondly, how likely are corporations to use corporate social responsibility as a competitive strategy? Provide support for this response. Then, provide a discussion of one company that you know of that has used CSR as a competitive strategy.