ADMS 1000 Study Guide - Stakeholder Theory, Consumer Protection, Corporate Social Responsibility

Using link below, explain three philosophical theories (egoism, utilitarism, kantianism, etc.) or approaches regarding business ethics how they would relate/react to the information presented in the article. http://www.nwitimes.com/blogs/community/spea-iun/betting-on-corporate-social-responsibility-to-build-caribbean-green-economies/article_f8c14e63-4937-5a09-bd5a-8008e93b781b.html

5. Which of the following is a way to demonstrate corporate social responsibility? a) Sustainable business practices b) Volunteerism c) Provide employees with meaningful work d) a) and b) only e) a), b) and c) are correct

17. When a business engages in corporate social responsibility, it hopes to engender greater goodwill among its various stakeholders.

a. How are these expenditures accounted for?

b. If the resulting goodwill was capitalized under GAAP, do you believe that acts of corporate social responsibility would increase?