Business & Society: A Strategic Approach to Social Responsibility & Ethics

by O.C. Ferrell, Debbie M. Thorne, Linda Ferrell

Overview

Business & Society, Eighth Edition by O.C. Ferrell, Debbie Thorne, and Linda Ferrell integrates business and society into organizational strategies to showcase social responsibility as an actionable and practical field of interest. This innovative text covers the global impact of new technologies and helps prepare readers for the social responsibility challenges and opportunities they will face throughout their careers.

Also available in Sage Vantage, an intuitive learning platform that integrates quality Sage textbook content with assignable multimedia activities and auto-graded assessments to drive student engagement and ensure accountability. Learn more about 978-1-0719-3093-9, Business & Society - Vantage Learning Platform, Eighth Edition.

Product Details

ISBN-13:	9781948426510
Publisher:	SAGE Publications
Publication date:	01/29/2023
Edition description:	Eighth Edition
Pages:	576
Product dimensions:	8.35(w) x 10.87(h) x 0.79(d)

Table of Contents

Preface
Chapter 1: Social Responsibility Framework
Social Responsibility Defined
Development of Social Responsibility
Global Nature of Social Responsibility
Benefits of Social Responsibility
Framework for Studying Social Responsibility
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 2: Strategic Management of Stakeholder Relationships
Stakeholders Defined
The Role of Stakeholders
Building Stakeholder Confidence
Development of Stakeholder Relationships
Implementing a Stakeholder Perspective in Social Responsibility
Link Between Stakeholder Relationships and Social Responsibility
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 3: Corporate Governance
Corporate Governance Defined
History and Practice of Corporate Governance
Corporate Governance and Social Responsibility
Corporate Governance and Social Responsibility
Corporate Governance Around the World
Future of Corporate Governance
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 4: Business, Government, and Regulation
Government’s Regulatory Influence on Business
Government’s Nonregulatory Influence on Business
Government’s Focus on Deregulation
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 5: The Impact of Business on Government and the Political Environment
The Contemporary Political Environment
Influencing Government
Laws and Regulations
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 6: Business Ethics and Ethical Decision-Making
The Nature of Business Ethics
Foundations of Business Ethics
Ethical Issues in Business
Understanding the Ethical Decision-Making Process
Developing an Ethical Culture
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 7: Strategic Approaches to Improving Ethical Behavior
Scope and Purpose of Organizational Ethics Programs
Establishing Systems to Monitor, Enforce, and Improve the Ethics Program
Institutionalization of Business Ethics
Ethical Leadership
Requirements of Ethical Leadership
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 8: Employee Relations
Employee Stakeholders
Responsibilities to Employees
Strategic Implementation of Responsibilities to Employees
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 9: Consumer Relations
Consumer Stakeholders
Responsibilities to Consumers
Strategic Implementation of Responsibilities to Consumers
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 10: Community Relations and Strategic Philanthropy
Community Stakeholders
Responsibilities to the Community
Corporate Philanthropy
Strategic Philanthropy
Link to Social Responsibility
Social Entrepreneurship
Benefits of Strategic Philanthropy
Implementation of Strategic Philanthropy
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 11: Technology Issues
The Nature of Technology
Technology’s Influence on the Economy
Technology’s Influence on Society
Strategic Implementation of Responsibility for Technology
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 12: Sustainability and the Environment
The Nature of Sustainability and the Environment
Global Environmental Issues
Environmental Policy and Regulation
Alternative Energy
Business Response to Sustainability Issues
Strategic Implementation of Environmental Responsibility
Summary
Key Terms
Discussion Questions
Experiential Exercise
Chapter 13: Social Responsibility in a Global Environment
Cultural Intelligence
Global Stakeholders
Global Development
Global Reporting Standards
Summary
Key Terms
Discussion Questions
Experiential Exercise
Case 1: The Heart Behind the Duck: Aflac Ethics in Action
Case 2: Crypto Crash and Burn: Inside the FTX Fallout
Case 3: The EV Industry Races Toward a Sustainable Future
Case 4: A Bitter Pill for Johnson & Johnson
Case 5: Chevron Puts More Energy Into Sustainability
Case 6: Shein Shifts Fast Fashion into Overdrive
Case 7: Silicon Valley Breaks the Bank
Case 8: Big-Box Retailer Walmart Sets Big ESG Goals
Case 9: Google Searches for an Edge in the AI Race
Case 10: Ground for Celebration: Sustainable Innovation at illycaffè
Case 11: Mattel Gets Dolled Up for a Greener Future
Case 12: Toshiba: From Tech Titan to Turmoil
Case 13: How Cisco Hard-Coded Conscious Culture
Case 14: Climbing Higher: Patagonia’s Path to Purpose-Driven Profits
Case 15: From Basement Brews to Better Business: The New Belgium Way
Glossary
Notes
Index

Editorial Reviews

This text is well organized, clearly focused, and is replete with relevant examples and case studies that students should find engaging.

John Ross

The book's content is well-structured and provides students with relevant examples and case studies for hands-on application of the concepts.

Said Ghezal

In-depth text with excellent case studies.

Suzanne Palmer

Ferrell's Business and Society is an excellent, well organized, and easy-to-understand option for teaching students ethical approaches for businesses and corporations.

Morgan Clevenger

Ferrell, Thorne, and Ferrell's Business and Society text has worked very well to support our emphasis on sustainability and the future of business here at Portland State University. The text matches our students’ abilities to consider a variety of frameworks to understand the role of business in society. It is up to date and issues helpful examples from today’s business settings to show the relevance of the frameworks throughout the text.

Jeanne Enders