(a) What do you understand by “Civil Society Organisations (CSOs)”?
(b) Make a distinction between sectional and promotional groups. Give exs to support your answer.
(c) What are the tactics or actions which CSOs might adopt to accomplish their aims?
It is inevitable that the Business which is part of Macro environment is subject to what we call “Business Criticism”.
(a) Describe the concept of the Macro environment and the 4 main segments composing it.
(b) What are the factors in social environment which have led to criticism of business? You should give at least 4 factors to support your answer.
“Interest in Business Ethics has heightened throughout the past decades and Business Ethics seems to have spurred by major headline grabbling scandals”.
(a) What is the definition of Ethics in the corporate environment?
(b) Ethics and values are intimately related. What are the various sources, both external and internal, of a Manager’s values which influence ethical behaviour?
“The Classical economic school, led by economist Milton Friedman, argues that social issues are not the concern of business people and that these problems must be solved by the unfettered workings of free-market system.” (Archie Caroll)
(a) What do you understand by concept of Corporate Social Responsibility (CSR) and its significance in the local context?
(b) There has always been a debate on benefits of CSR, what are the views in favour of and against CSR? Support your answer with exs.