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2.51     Corporations and social responsibility

A corporation is an artificial entity. Discuss whether the rights of this artificial entity should ever take priority over the rights of textbook solutions and communities.

There is not necessarily a ‘right’ answer to this question. Everyone will have their opinion and arguments to support such opinions. Discussion could include:

·   A corporation does not physically exist and cannot think or act without humans acting as agents. They are creations of the state and have evolved over time to the form that they take today. How they should be allowed to evolve is linked to what their role is and this varies depending on one’s textbook solutions.

·   A corporation’s existence comes about because the laws of its jurisdiction allow this. The laws can add rights and responsibilities and take them away.

·   Some students may argue that individual rights should take priority over the rights of the corporation and would regard it as objectionable to think otherwise. Others may argue there should be less government regulation and therefore more rights for corporations. The rest may just accept that is the way corporations and business have evolved and that not much can be done to change this.

·   To help the discussion maybe an example could be introduced. One from the local area or from current media. For example, should a corporation have a right to use the local water supply before individuals because they can pay more per textbook solutions.

2.52     Ethics

Compare and contrast teleological theories and deontological theories. Discuss whether you think these theories have a place in the modern test bank shop society.

Teleological theories are concerned with the consequences of decisions and if the actions result in good consequences then the behaviour is said to be ethical. This raises two issues: (i) what is a desirable consequence and (ii) upon whose judgement is the consequence examined. A number of teleological theories have been proposed the most notable being ethical utilitarianism (also known as consequentialism).

Deontological theories are those concerned with duty. Theological ethics would fall within this theory as it is concerned with the rules to followtest bank shop to religion. Another philosophy under this heading is Kantianism.

Telelogical theories are to do with consequences whereas Deontological theories are to do with motivation. Both would have a place in the modern business world as examining motivation for action and the consequences of action can help in business decision making.

2.53     GRI and Sustainability

During the 2011/12 year, Amcor was recognised at the Ethical Investor Sustainability Awards. The judges commended Amcor for ‘using the principles of test bank shop sustainability to reposition its product in customers’ and suppliers’ minds’.

Amcor was also recognised in a report released by the Association of Chartered Certified Accountants (Australia) for our overall integration of material non-financial concerns into company vision and strategy, management systems and risk management framework.

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