Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Corporate social responsibility (CSR) is an important component of the strategy developed by every company. The need to address social issues and community needs should be a part of the development of a sound approach to the marketplace. However, this raises questions about the type of responsibility a company has to the community. This case analysis asks you to ponder the types of responsibility we expect from a company. Should a company like McDonald's be responsible for clientele getting fat and unhealthy when eating their product? What level of responsibility do consumers have to make wise and healthy choices? What impact does maintaining a global competitive advantage have on the expectations of CSR?

As a company moves into a global marketplace, their approach may vary, leading to different levels of CSR. This might mean that a company is extremely involved in CSR initiatives in one country and not in another. This could lead to issues associated with public perception, due to our communication capabilities. A company's choices in one country are no longer protected because of distance.

In New York City, the government has taken a step to ban all large drinks. They are viewing people's unhealthy choices as a public policy issue, because of the associated costs of health care. This is a national/public policy issue, because of the tax dollars spent on long-term care. Where do we draw the lines of CSR? Answering these questions is an important part of discussing CSR. Only when we evaluate the ethics of our own expectations can we hold companies to an ideal. Clarifying our expectations for CSR provides a foundation for a sound argument for CSR policies as a strategic necessity.

View:

Use your text to create a foundation for the ethics theory, relationship to CSR principles, and the global impacts of CSR choices. This must be a concise evaluation of the case, so provide information on your understanding of the application of theory and expectations of fast food restaurants' CSR initiatives. Focus on the responsibility of fast food companies to address the health of consumers

Consider these questions while completing your case analysis:

  • Should a company like McDonald's be responsible for clientele getting fat and unhealthy when eating their product?
  • What level of responsibility do consumers have to make wise and healthy choices?
  • What impact does maintaining a global competitive advantage have on the expectations of CSR?
  • Prepare a case analysis on the topic.
  • Develop your case analysis using the five following sections:

Section 1: Introduction and situational analysis: Describe the ethical dilemma, giving appropriate background information. The term "dilemma" implies that there are pros and cons to various options, even if some are clearly more socially acceptable than others. This is also where you do your situational analysis - identifying factors related to the individual(s) involved (consider the readings from this module), company and managerial practices and policies, external factors such as economic pressure, and any other aspects of the situation that you believe helped create the dilemma.

Section 2: Stakeholder analysis: Identify the key stakeholders and how they are potentially affected by the various options inherent in the dilemma.

Section 3: Analysis based on ethical theories: Analyze the ethical dilemma from the perspective of cultural relativism (how it relates to cultural norms - what society would view as acceptable, as well as what is legal), teleology (looking at consequences and acting for the greater good), deontology (duties and principles), and virtue.

Note that the stakeholder analysis is particularly pertinent to the consequentialist approach, and that one of the challenges is estimating positive and negative impacts on relevant stakeholders. Do the best you can, looking at both good and bad consequences for each stakeholder group. Make sure you summarize the overall situation and come to a conclusion about the greater good.

Section 4: Conclusion and recommendations. Up to now, you have been analyzing and comparing options. Here is where you pull together the different threads of your analysis and determine whether or not the company did the right thing. Also, make recommendations about what the company should have done. Make sure your justifications clearly flow from your analysis. Make managerial and policy recommendations that would help avoid similar ethical dilemmas in the future and provide guidance to help those facing a similar dilemma.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91618821
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Can you please explain the following strategies overall

Can you please explain the following strategies: overall cost leadership, differentiation, and focus, and share an example of these strategies?

Discuss how strategic management differs from

Discuss how Strategic Management differs from Economics Discuss how Strategic Management differs from Business Management

Explain the two-factor theory by herzberg why would a

Explain the Two-Factor theory by Herzberg. Why would a production worker be better motivated by Two-Factor theory ideas?

Sonya the manager of a restaurant has just hired three

Sonya, the manager of a restaurant, has just hired three servers. As part of their training program, she wants them to first learn by watching another, current server act out his job. Based on what you know about social ...

Can someone help me identify how intrustion detection

Can someone help me identify how Intrustion detection system and intrusion prevent system can help protect confidentiality, integrity and availability

Determine what traits you need to work on the most to

Determine what traits you need to work on the most to become a good leader. Then, explain whether these traits differ from the strengths you need to be a good manager

How global management perspective course benefit your

How Global Management Perspective course benefit your personal and/or professional development? What did you find most beneficial about the course?

How do you think socratic method works and why do you think

How do you think socratic method works and why do you think it works? When a broad social issue-individual rights, environmental pollution, or child custody-intrudes into our lives and moves from the abstract to the pers ...

Considering the various components of strategy as they

Considering the various components of strategy as they relate to career development, who are career development strategic managers?

Explain whether or not most large american corporations are

Explain whether or not most large American corporations are psychopathological and exploitive, with little regard for social responsibility. Explain the root causes of this (for either position). Explain what might allev ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As