Answer: Social audit- It is a review of company's procedures and code of conduct regarding the social responsibility. A social audit is a report of achieving company's goals, keeping in mind the welfare of the society. Companies nowadays, keep balance between profitability and social responsibility.
Steps in Social Audit- Are as following:
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Chapter 4 7 Explain fully the difference between Ethical & Legal behavior. 8 Discuss moral idealism and utilitarianism. 9 Explain fully what is meant by social responsibility. Identify and explain the 3 Concepts of Social Responsibility 10 What is a social audit and the 5 steps? 11 What role does sustainable development play in Starbucks'approach to social responsibility (SR)? Discuss the concepts of social responsibility as it applies to Starbucks.
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5 Identify and explain fully the 4 Growth Market Product Strategies. 6. Identify and explain fully the BCG Matrix
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Die Puctors. Chapter 2 3 Define the two types of organizations. Identify and discuss fully the 3 levels of an organization. 4 Define Core Values and give some examples from the BP case. Define fully Mission and give an example.
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...