CEN 800 Study Guide - Final Guide: Volatile Organic Compound, Triple Bottom Line, Rights

• School: Ryerson University
• Department: Common Engineering
• Course: CEN 800
• Professor: Dr. Vincent Chan

Document Summary

Fundamental theories: mill utilitarianism: greatest benefit, kant"s formalism: duty to act, locke"s rights ethics: fundamental right, aristotle virtue ethics: life of virtue (golden mean), middle ground between two extremes, informed by reason, basis of good life. The single most common complaint about globalization is that it widens the gap between the rich and poor. Socially responsible organizations do have to give special consideration to vulnerable groups because the responsibility is not solely the governments. An organization should not only consider the views of the stakeholders that have a formal role in the governance of the organization or are aware of their interests. An organization should identify issues related to the impact of its activities and decisions, and the way to address these issues so as to contribute to sustainable development. Socially responsible organizations are not only responsible for their decisions and activities. Organizational governance is the system by which an organization makes and implements decisions in pursuit of its objectives.