Globalisation Issues and Scandals in the 90s

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Which ethical perspective emphasizes the intrinsic value of human life and dignity?

Deontological Perspective

Which ethical perspective justifies violations of moral standards for public utility and political power?

Consequentialism

Which ethical perspective defines the right action as the one that maximizes overall good?

Utilitarianism

Which ethical perspective emphasizes the development of virtues like wisdom, generosity, and courage for flourishing in communities?

Virtue Ethics

Which ethical perspective focuses on the concept of happiness, material gain, and freedom?

Utilitarianism

Which ethical perspective emphasizes the universality and reciprocity of moral principles?

Deontological Perspective

According to Friedman, what is the social responsibility of business?

To increase its profits

What are the stages of moral reasoning according to Kohlberg?

Obedience and punishment orientation, interpersonal accord and conformity, social contract orientation

What are the contextual enablers of unethical behavior discussed in Session 2?

Costly drug, escalation of commitment process, industry pressures

What factors increased obedience in the learning experiment at Yale?

Authority physically close to participant, victim physically further from participant, someone else takes responsibility

What is the Escalation of Commitment Process related to?

Industry pressures

According to Freeman, what should businesses consider?

The interests of all primary stakeholders, not just shareholders

What leads to expanded identities according to the text?

Empathy and Outrospection

What is the focus of The Heinz Dilemma?

A costly drug

What does Cialdini's Influence: The Psychology of Persuasion discuss?

Weapons of mass influence

What were the drivers of scandals in the context of globalisation issues in the 90s?

Increased Company Power, Deregulation, and Shareholder Doctrine

What contributed to the exposure of scandals in the 90s globalisation context?

Rise of Social Movements and NGOs

What did the corporations pledge to take on in the 90s globalisation context?

More responsibility to a wider range of stakeholders

What characterized the new era of dialogue and cooperation in the 90s globalisation context?

Partnerships between NGOs and Corporates

What was the focus of voluntary standards and transactional governance in the 90s globalisation context?

Diffusion of voluntary programmes and transactional goals

In the context of increased company power and deregulation, what were the ethical dilemmas associated with globalisation?

Labour Conditions, Local Communities, and Environment

What event led to the establishment of a code of conduct imposed on suppliers in 1992?

90s scandals

According to Michael Porter and Mark Kramer, what is a criticism of CSR?

Too PR focused lacking targets or comprehensive measures

What did Michael Porter and Mark Kramer suggest as an opportunity for innovation and competitive advantage?

Creation of a corporate social agenda focusing on social/environmental issues that can benefit from

What was imposed on suppliers in 1998 as part of corporate responsibility?

Minimal age for suppliers workers

What was the focus of the CSR debate according to Michael Porter and Mark Kramer?

Tension between business and society instead of their interdependence

In 2007, how many employees did Nike have working on CSR?

90

Explore the globalisation issues and scandals that arose in the 1990s, including the increase in company power, deregulation, shareholder mindset, and the mobilisation of social movements. Learn about specific scandals such as Nike sweatshops in Indonesia and Shell's water pollution in local tribes, and understand the drivers behind these scandals.

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