ADMN 3300H Chapter Notes - Chapter 3: Outsourcing, Corporate Identity, Employee Engagement

• School: Trent University
• Department: Business Administration
• Course: ADMN 3300H
• Professor: Rob Elkington

Document Summary

Chapter 3 stakeholders & corporate social responsibility. Moral management & stakeholders: a manager"s response to stakeholders depends on the level of morality of the manager, managers can be classified based on three types of moral values, immoral, amoral, and moral. Intel"s supplier ethics expectations: outsourcing assigning a function or task that was previously done within a company to an external third party, transfers to an area or a country in which the labour costs are lower. Government as a stakeholder: primarily based on compliance issues. If a firm does not comply with the law, government has authority to punish the firm through fines and possible prison terms for employees within the firm. Ngos: transaction costs, brand impact, and competitive position affected. Corporate social responsibility: the obligations companies have to develop and implement courses of action that impact society locally and globally, components of csr, economic responsibilities, legal responsibilities, ethical responsibilities, discretionary responsibilities.