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Week 7: Goals of the Firm and Social Responsibility - Discussion

Profit vs. Responsibility (graded)

There is sometimes a perceived conflict between earning profit and being responsible. What should CanGo do about adding violent games to their product mix? What impact might this have on the various stakeholders for the company? Why might the perception that profits can't mix with responsibility be false? How does this affect CanGo's decision whether to sell games with violent content? |

Responses

Responses are listed below in the following order: response, author and the date and time the response is posted.

| | Response | Author | Date/Time |

| | CSR (corporate social responsibility) | Professor Gariano | 12/11/2012 9:38:37 AM |

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| What is Corporate Social Responsibility (CSR)?  Do you believe in CSR? Why or why not? |

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| | RE: CSR (corporate social responsibility) | Lakhesia Eberhardt | 2/24/2013 7:14:24 PM |

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| Corporate Social Responsibility (CSR) is the responsibility of an organization for the impacts of its decisions and activities on society, the environment and its own prosperity, known as the “triple bottom line” of people, planet, and profit. |

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| | RE: CSR (corporate social responsibility) | Brandon Patterson | 2/20/2013 11:27:13 AM |

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| It is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance within the spirit of the law, ethical standards, and international norms. CSR is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.

I believe in it for some...