ELCA & CSR
The FOUR steps of the ELCA method, with detail.
1. Identify social, environmental, global, and long term impacts that results from the entire product life cycle. Includes going through: Sourcing, Production, Distribution, Use, and Disposal.
2. Evaluate Ethical implications of impacts identified. Should typically include Utilitarian method, CI Method (B), Virtue Method (B), and No-harm principle
3. Assess businesses' responsibilities for ethical life cycle of product
4. Recommendations and strategies to make change within impacts identified in step 1 and 2.
What does 'greenwashing' mean?
A) A dyeing process
B) Money laundering
C) False eco-claims
D) Authentic sustainability
C) False eco-claims
What is a core ethical issue within cobalt mining in the DRC? (Democratic Republic of Congo)
Exploitation and unsafe labor conditions
A formal internal mechanism that implements ethics and compliance throughout an organization.
What are some elements of this? (at least one example!)
What is... ethics and compliance program?
Elements include:
-code of conduct
-ethics and compliance training
-mechanisms for members to raise concerns and speak up
-mechanisms to address issues
-mechanisms for program evaluation
-oversight and leadership
A situation in which one must choose between two conflicting ethical values, norms, or principles.
an ethical dilemma
What does CSR stand for, and what is the triple bottom line?
Corporate Social Responsibility.
People, Planet, Profit.
What is whistleblowing?
Reporting organizational wrongdoing to external parties.
What is NOT a cause of global ethics issues?
A) Power imbalance
B) Strong regulation
C) Corruption
D) Complex global systems
B) Strong regulation
What is the Anthropocene?
The current era where human activity is the dominant force shaping Earth systems
which of the following is a typical business-benefit resulting from diversity and inclusion?
A) improves stakeholder relationships
B) improves decision-making
C) fosters innovation and creativity
D) reduces risk
E) all of the above
Others should not be harmed; harm to others and the environment should be minimized.
the No Harm Principle. Typically seen within Step 2 of the ELCA method.
What percentage of the top 250 global companies issue CR reports?
A) <25%
B) 50%
C) 75%
D) Over 90%
D) over 90%
What is the primary focus of business ethics?
a. Maximizing profits at any cost
b. Balancing the interests of stakeholders
C. Promoting unethical behavior
D. Ignoring ethical considerations
B) Balancing the interest of stakeholders
Which of the following statements does NOT properly characterize professional ethics?
A. Specific professional expertise implies specific ethical responsibilities
B. If you are an expert in a certain field, others rely on you and trust you
C. Professions uphold and consider the public interest
D. Professional ethics is identical with personal values
E. Professional ethics reflects public expectations of how the professionals should act
D. Professional ethics is identical with personal values
These are an example of what?
Minimum wage, protection against discrimination, workplace safety.
Which of the following is NOT a CR-analysis criterion?
A) Business-specific responsibilities
B) Credibility
C) Covering up environmental harm
D) Measurable goals
C) Covering up environmental harm
The sum of explicit and implicit values, principles, and ethical reflections that underlie, and are expressed by, the interactions and actions of its members
The ethical culture of an organization
Performance, professionalism, ethical & legal conduct, avoiding harm to the organization, supporting the success of the organizations... are all what?
Employee responsibilities.
7. Which of the following is NOT a typical ethical issue relevant to marketing?
A. Insider trading
B. Privacy
C. Truthfulness
D. Manipulation
E. All of the above
A. Insider trading
According to the definition discussed in class, great leadership is:
A. Efficient and hierarchical
B. Effective and ethical
C. Authoritarian and hierarchical
D. Transformative and efficient
E. Efficient and effective
B. Effective and ethical
1. Basics about the company and its business ... type of business/industry? mission statement? core data about company?
2. Crucial elements and operationalization of the CR... what areas and activities are at the core? How are these activities operationalized? core data?
3. Critical evaluation of CR Strategy
Guarantees fair, equal, and transparent treatment; provides reasons for actions (Kantian ethics).
Example(s): well-defined rules and procedures for evaluations, pay raises, promotions, getting fired.
Due process
Representation and embrace of a broad variety of people with regard to gender, race, ethnicity, age, ability, sexual orientation, national origin, religion, and socioeconomic background, as well as a broad variety of ways of thinking, skills, experiences, and perspectives.
Diversity (within an organization)
A business ethics approach that considers environment, social, and governance aspects of a business with regards to its strategy, success, and impacts.
Definition of ESG
Which of the following is part of the approach of basic global business ethics?
A. Uphold global norms and fundamental rights
B. Respect other cultures and cultural values
C. Adhere to one’s own ethical principles and core values
D. Ethical reflection
E. All of the above
E. All of the above.