Strategic Management class
Learning Activity #1
This week’s chapter explains the role of boards of directors in the corporate governance of organizations such as large, publicly traded corporations, focusing on their ethical behavior and social responsibility performance.
a). Conflict of Interest was identified as a potential ethical issue that may confront a board member of a corporation.
- For this exercise discuss three ways a corporate board member might engage in inappropriate ethical behavior, and explain why each is a problem for the company.
- Describe how these situations could this have been avoided?
b). Moral reasoning was also cited as an issue that might influence corporate behavior. Please include and discuss an example of why this might be problematic for an organization.
Learning Activity #2
Corporate social responsibility impacts a number of a company’s stakeholders including: a) Communities, b) Consumers, c) Shareholders, and c) Employees.
For this exercise:
- Please provide a specific example a company you know or have read about has demonstrated social responsibility. (Provide an example for each of the stakeholders identified above. More than one company may be discussed).
- Explain how this activity has impacted the company (be specific and cite examples).
- Also explain why Corporate Social Responsibility is important to society as a whole
