MGMT 1040 Study Guide - Final Guide: Universal Rule, Business Ethics, Avoidance Speech
Document Summary
Carroll"s pyramid is a building-block structure that was designed to present the idea of. Csr in a way that a conscientious businessperson would be able to easily understand. The tragedy of the commons: the tragedy of the commons describes a situation in which there is a given resource of limited quantity (in terms of units, space, etc. ) that is available to most or all for the taking. The tragedy, is the problem that occurs when everyone tries to reap the greatest benefit from the limited resource, until it is exhausted. This harms all of those who will no longer be able to benefit from that resource. Examples of resources that face this problem in the modern world include land, trees, and even water. Although the supplies of these resources are not strictly limited and not yet exhausted, they are being used at a pace which may eventually lead to that occurrence.
