MGMT 3020 Lecture Notes - Lecture 1: Microfinance, Life-Cycle Assessment, Swot Analysis

• School: University of Guelph
• Department: Management
• Course: MGMT 3020
• Professor: Ruben Burga

Document Summary

Michael hastings talks about the meaning of csr. Improving and maintaining the culture of the company. Archie carroll talks about csr and how it has changed drastically over the years. For instance after the war years there was a need for social responsibility with the rise of activist and various causes and movements. Companies started adopting csr because they started to respond to their stakeholder. Csr is a standard for most companies today. In this scenario we see that ethics could be subjective. Putting one of your relations in the same shoes. There is no clear wrong or right answer but anyone"s answer would be based on their ethical consideration. Thinking about this scenario and trying to understand your company"s stand point, you would not want to be associated with a company that sees absolutely nothing wrong with child labour.