August 10, 2023

Describe the background of the industry and its customer base for which you are framing your argument.

Requirements: short

WEEK 6 ASSIGNMENT – NOT ALL COMPANIES ARE VIEWED AS EQUAL

OVERVIEW

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers’ choice to partake in products that are not healthy for them, or do those companies have an ethical obligation to protect people?

PREPARATION

Download and review the . Use it to assist you with the assignment.

Choose one of the following industries to frame your paper:

The pharmaceutical industry.

The payday loan industry.

Cloning for medical purposes.

INSTRUCTIONS

Write a paper in which you:

Describe the background of the industry and its customer base for which you are framing your argument.

Prepare a sound argument that explained the major reasons you support the industry or the customer with strong supporting evidence.

Justify your beliefs on whether it is possible for a company to simultaneously cater to both its best interest and that of the consumer, or if one always must prevail.

Use at least two quality references. Note: Wikipedia and similar Websites do not qualify as academic resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Determine the ethical considerations for balancing corporate and social responsibilities.

Week 6 Discussion

We’ve all grown up with varying degrees of “save the planet” rules, regulations, and suggestions. Natural resources have been used, abused, and depleted throughout the lifetime of civilization to the point where we are reaching out more to harness wind and solar power to help sustain future generations. As a whole, the human race is one of the biggest disrupters of ecosystems. We throw aside so much waste, from wrecked vehicles to product packaging, that we have become desensitized to the damage we are creating.

Today, many businesses have developed corporate social responsibility (CSR) plans to address environmental damage caused by civilization. Companies like Walt Disney, Lego, Google, Ben and Jerry’s, and many others are devoting money and time to making the world a better place.

Please respond to the following:

But is it important for businesses to have CSR plans? Or should the government be the one to “save our planet.” Explain your opinion.

Be sure to respond to at least one of your classmates’ posts.

To receive full credit, your original should be at least 7 sentences, and your reply should be at least 4 sentences. No references are needed. Remember to write 2 posts in the discussion: one original and one response to student (Lisa) response below:

Student Response:

is it important for businesses to have CSR plans? Or should the government be the one to “save our planet.”

CSR stands for Corporate Social Responsibility and refers to a company’s strategy to long-term development through providing economic, social, and environmental advantages. It also encompasses activities through which a firm accepts responsibility for its impact on social and environmental well-being. In essence, CSR looks beyond the company’s revenues to assist the larger community.

CSR illustrates that you are a company that cares about more than simply the issues that affect your profit margins, which will attract customers that share your beliefs. As a result, operating sustainably makes good business sense.

Despite the fact that corporate social responsibility is fundamentally about improving business operations, there appears to be a belief that the government should compel firms to engage in CSR and penalize those who do not.

Week 6 Assignment Template

In this assignment, you will choose one of the following industries to frame your paper:

The pharmaceutical industry.

The payday loan industry.

Cloning for medical purposes.

Once you’ve gone through the worksheet and answered all the questions you will take that information and write your paper. It will basically be a transfer of information from the worksheet to a paper format.

Do not just turn in the worksheet. It will be sent back for a rewrite.

Choose an industry.

Will you be an advocate for the consumer or the industry?

Develop 3 reasons why you support the consumer or the industry.

Reason 1.