Class Test #1- BUSINESS ENVIRONMENT Flashcards Preview

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Flashcards in Class Test #1- BUSINESS ENVIRONMENT Deck (34)
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1
Q

What is El Masry’s definition of social responsibility?

“The __________ ________ for managers to be ________ to adopt various _______, _______ and ____________ (_______) _______ in the way they ______ __________ ___________”

A

“The increasing tendency for managers to be expected to adopt various social, ethical and environmental (political) beliefs in the way they follow corporate objectives”

2
Q

What is Salazar and Husted (2008) definition of corporate social responsibility?

“An _____________ to _______ to the _____________ created by ________ ________”

A

“An obligation to respond to the externalities created by market action.”

3
Q

What is the citation source for the fishing case study? (Author name, date)

A

(Urbina, 2019)

4
Q

What is the citation source for the Shell case study? (Author name, date)

A

(Smith, 2008)

5
Q

What is the citation source for the first definition in the introduction? (Author name, date)

A

(El-Masry et al, 2013)

6
Q

What is the citation source for the second definition in the introduction? (Author name, date)

A

(Salazar and Husted, 2008)

7
Q

What is the name of the organisation in the fishing case study?

A

Sajo Oyang Corporation

8
Q

What is the name of the specific vessel in the fishing case study?

A

Oyang 70

9
Q

Where was the vessel in the fishing case study operating?

A

The east of the Southern Pacific Ocean.

10
Q

What was the name of the fish the vessel was aiming to catch and significance?

A

Fish: Blue Whiting

Significance: Low-price catch (puts greater importance on quantity in order to maximise profits)

11
Q

What is the Shell case study? (3)

A
  1. European boycott of Shell
  2. Due to threat of disposal of oil in ocean
  3. Caused up to a 50% decrease in sales
12
Q

What is your thesis? (Line 1/2)

In this essay, I will explore how ________ and ___________ _______ from “global problems”, such as the ___________ of ______ and thus face __________ for their _______ ____ at the _______ of _______ _______, illustrated through the _______ of ____ _____ __________’s _______ of ______ at ___.

A

“In this essay, I will explore how managers and organisations profit from “global problems”, such as the exploitation of labour and thus face responsibility for their private gain at the expense of social welfare, illustrated through the analysis of Sajo Oyang Corporation’s exploitation of labour at sea.”

13
Q

What is your thesis (2/2)?

“I will then ______ with a _____ on how _______ _______ _______ for ______ _________ within ______ ______ __________ has led to a _______ ______ on _______ to _____ _______ _______.”

A

“I will then conclude with a focus on how increased consumer pressure for greater transparency within corporate social responsibility has led to a greater pressure on managers to tackle global problems.”

14
Q

How to summarise first paragraph into bullet points? (3)

A
  1. Essentially contested concept
  2. Plethora of definitions (2)
  3. Mixture of two definitions
15
Q

How to summarise paragraph two into bullet points? (3)

A
  1. Externalities & examples
  2. In recent years…
  3. Thesis
16
Q

How to summarise paragraph 3 into bullet points? (3)

A
  1. Globalisation & global supply chains
  2. Passing the buck down supply chain
  3. In recent news, (CASE STUDY INTRO)
17
Q

How do you introduce your case study?

“In _____ ____, the ____ of ________ by ________ through _____ ______ _____ has been __________ in the case of ____ ____ _______ (_____,____). ____ ____ _______ have recently been ______ for _________ _____ in the pursuit of ________ _____ while _______ their _____ in areas of the ______ that are ______ to ______ ________.”

A

In recent news, the lack of responsibility by managers through global supply chains has been highlighted in the case of Sajo Oyang Corporation (Urbina, 2019). Sajo Oyang Corporation have recently been exposed for exploiting labour in pursuit of maximised profits while operating their vessels in areas of the ocean that are subject to minimal regulation.

18
Q

How to summarise paragraph four in bullet points? (6)

A
  1. Context
  2. Significance of fish
  3. Captains orders
  4. Disaster begins
  5. Captains mistake
  6. Revelation of poor working conditions
19
Q

What were some examples of the poor working conditions aboard the vessel? (3)

A
  1. Brown drinking water
  2. Docked pay if ate too slowly
  3. Lack of heating and running water
20
Q

How to summarise paragraph five in bullet points? (4)

A
  1. Difficulty in determining responsibility
  2. Why exploitation remains a global problem (1 out of 2)
  3. Why exploitation remains a global problem (2 out of 2)
  4. What the case study teaches us (summary line)
21
Q

What are the two reasons why exploitation of labour is still a “global problem”? (2)

A
  1. Inequalities in regulation and employee rights globally

2. Managers passing responsibility down long supply chains

22
Q

How does unequal regulation benefit organisations through exploitation? (2)

A
  1. Move to poorly regulated areas and not have to face compliance costs
  2. Cheaper labour in unregulated places
23
Q

How does passing responsibility down long supply chains through exploitation? (1)

A
  1. Able to get away with blame for exploitation (as regulators unable to pinpoint blame)
24
Q

What does the fishing case study teach us? (Summary line)

It is through the study of ____ _____ ________ that we can _______ that without __________ ______ _________ and _______ their _______ _______, ______ _______, such as ________, will _____ for as long as they ______ __________ to ______.

A

It is through the study of Sajo Oyang Corporation that we can determine that without organisations taking responsibility and changing their working practises, global problems, such as exploitation, will continue for as long as they remain profitable.

25
Q

How to summarise paragraph six in bullet points? (4)

A
  1. Action of stakeholders
  2. Boycotts
  3. effectiveness of boycotts (shell)
  4. Summary line (encourages managers)
26
Q

What is the summary line for paragraph six on consumer action through boycotts?

The ______ affect on _____ (and sometimes even the ____ of ______ _____) can ________ _______ to take _________ for their ____ in “______ ________” and ______ _______ of how to ______ them.

A

The negative affect on profits (and even sometimes the threat of consumer action) can encourage managers to take responsibility for their role in global problems and generate strategies on how to tackle them.

27
Q

What is a boycott? (1)

A

When consumers cease buying goods or using the services of an organisation as a method of protest.

28
Q

What is your opening line to the conclusion?

Through my ______ of _______ ________, it can be _______ that _______ are ________ ________ for ______ ______ ______, such as _______ and the __________ of ______, as they are ______ _______ from these _____ ______ at the _________ of ______ ______.

A

Through my exploration of managerial responsibility, it can be concluded that managers are considered responsible for tackling global problems, such as inequality and the exploitation of labour, as they are privately profiting from these global problems at the detriment of societal welfare.

29
Q

How to summarise the conclusion in bullet points?

A
  1. Opening line
  2. Importance of consumer boycotts
  3. Looking to the future
  4. Ending line
30
Q

What is your ending line for the essay?

“_____, not _____, ____ the ______ __” (_____,____) _________ that if ______ continue to _____ for _____ ________ and _____ their __________ to ______ ______ _______ then their ___________ ____ will ______ _____.

A

“Greed, not water, sank the Oyang 70” (Urbina, 2019) epitomising that if managers continue to strive for profit maximisation then their organisation’s fate will follow suit.

31
Q

How do boycotts support the question? (1)

A

-customers pressurise organisations to make changes to operation in order to tackle global problems

32
Q

What is the “looking to the future section” in the conclusion? (line 3 of 4)

Looking to the future, _______ are going to _______ to be ________ _________ for _________ ______ ________ if they ________ to ______ from such ______ through ________ ____ and _________ _______.

A

Looking to the future, managers are going to continue to be considered responsible for tackling global problems if they continue to benefit from such issues through reduced costs and maximised profits.

33
Q

How do you transition from unable to place responsibility to reasons why exploitation exists? (Line 2/4, paragraph 5)

“It is ________ that there are ______ ________ ______ as to why _________ remains a “______ _______” in the _______ ___;

A

It is arguable that there are multiple reasons at why exploitation remains a “global problem” in the present day;

34
Q

Who said responsibility is an “essentially contested concept”? (Name, date)

A

Okoye, 2009