LAW102_Session 17_HiepTH9

The duty of a corporation to create wealth in ways that avoid harm to, protect, or enhance societal assets

• Civil Regulation
• Corporate Social Responsibility (CSR)
• Sustainability Reporting
• Fair trade

Regulation by nonstate actors based on social norms or standards enforced by social or market sanctions

• External cost
• Sustainability Reporting
• Civil Regulation
• Codes of conduct

The idea that ethical consumers will pay a premium for commodities from producers in developing nations who use sustainable methods

• Sustainability Reporting
• Value Chain
• Multi-stakeholder initiative
• Fair trade

The practice of a corporation publishing information about its economic, social, and environmental performance

• Growth Reporting
• Sustainability Reporting
• Mission Statement
• Vision Statement

A code-based form of civil regulation created by some combination of corporate, govt, NGO, or international organization actors

• Multi-stakeholder initiative
• Constitution
• judicial decision
• Conventions

The sequence of coordinated actions that add value to a product or service

• Production
• Value Chain
• Manufacture
• Creation

The ability to communicate with, understand, and motivate both individuals and groups.

• time management skills
• operations management
• interpersonal skills
• technical skills

The manager's ability to correctly recognize and define problems and opportunities and to then select an appropriate course of action to solve problems and capitalize on opportunities.

• time management skills
• decision-making skills
• decision making
• communication skills

Society creates a strong incentive for businesses to produce safer goods and services by holding them responsible for any harm their products cause. This claim supports the:

• strict product liability standard.
• actual foreseeability standard.
• reasonable person standard.
• consent and informed decision standard.

Employees feel less pressure to compromise ethically, observe less misconduct, are more satisfied with their organizations, and feel more valued when.

• They are new at their jobs.
• They see honesty, respect, and trust applied in the workplace.
• They are paid to ignore problems in the workplace.
• They have very high compensation.