Week 4 Journal: Corporate Social Responsibility

Read Chapter 5, pp. 153-184.

Watch the video featuring R. Edward Freeman.   

Video: Business is About Purpose: R. Edward Freeman (17:38)

Video: Business is About Purpose: R. Edward Freeman (17:38)One of the key concepts in the study of business ethics and corporate social responsibility is the Stakeholder Theory of Management, introduced by R. Edward Freeman and covered in the textbook on pages 203-213. In this video, hear Freeman discuss the stakeholder approach.

Link directly to this video

This is the book: https://login.vitalsource.com/?redirect_uri=https%…- It’s the Business Ethics book.

Considering your habits as a consumer, do you make purchasing decisions based on the corporate social responsibility practices of companies? Explain with examples. Now that you know more about corporate social responsibility, will it change how you view companies and possibly how you make purchasing decisions? Explain why or why not.