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Business and Society: A Strategic Approach to Social Responsibility & Ethics 6th Edition

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Business and Society: A Strategic Approach to Social Responsibility & Ethics 6th Edition, ISBN-13: 978-0997117141 

[PDF eBook eTextbook]

  • 653 pages
  • Publisher: Chicago Business Press (January 23, 2017)
  • Language: English
  • ISBN-10: 0997117141
  • ISBN-13: 978-0997117141

This is the sixth edition of Business and Society: A Strategic Approach to Social Responsibility. Our text has become widely used and the Chicago Business Press has facilitated adding value by providing the book at a significantly lower cost than other business and society textbooks. We were one of the first business and society textbooks to use a strategic framework that integrates business and society into organizational strategies. Today in corporate America, social responsibility has become a major consideration in strategic planning. Most boards of directors face issues related to sustainability, legal responsibilities, employee well-being, consumer protection, corporate governance, philanthropy, as well as emerging social issues. Social responsibility has been linked to financial performance, and business and society courses are as important as other functional areas in preparing students for their careers.

In this text, we demonstrate and help the instructor prove that social responsibility is a theoretically grounded yet highly actionable and practical field of interest. The relationship between business and society is inherently controversial and complex, yet the intersection of its components, such as corporate governance, workplace ethics, community needs, and technology, is experienced in every organization. For this reason, we developed this text to effectively assist decision-making and inspire the application of social responsibility principles to a variety of situations and organizations.

Because of this transformation of corporate responsibility, the sixth edition of Business and Society: A Strategic Approach to Social Responsibility is designed to fully reflect these changes. We have been diligent in this revision about discussing the most current knowledge and describing best practices related to social responsibility. The innovative text, cutting-edge cases, and comprehensive teaching and learning package for Business and Society ensure that business students understand and appreciate concerns about philanthropy, employee well-being, corporate governance, consumer protection, social issues, and sustainability. Business and Society is a highly readable and teachable text that focuses on the reality of social responsibility in the workplace. We have revised the fifth edition to be the most practical and applied business and society text available. A differentiating feature of this book is its focus on the role that social responsibility takes in strategic business decisions. We demonstrate that studying social responsibility provides knowledge and insights that positively contribute to organizational performance and professional success. This text prepares students for the social responsibility challenges and opportunities they will face throughout their careers. We provide the latest examples, stimulating cases, and unique learning tools that capture the reality and complexity of social responsibility. Students and instructors prefer this book because it presents examples, tools, and practices needed to develop and implement a socially responsible business strategy. Finally, this book makes the assumption that students will be working in an organization trying to improve social responsibility and not just critics of business.

In this revision, we have tried to capture emerging trends in the social and economic environment. For example, one trend impacting business and society involves the rise of companies offering sharing services, including Uber, Airbnb, Lyft, Instacart, and more. These firms offer services through independent contractors rather than employees. They have become such a large part of our daily lives that a new term was developed to describe their impact on business and society—the sharing economy. The sharing economy allows for consumers to be their own boss as an independent contractor and make use of underutilized resources, such as cars or lodging, to earn extra income. The entire concept of ownership is being challenged. In addition, the regulatory issues necessary to deal with various risks have not moved fast enough to address many economic and social issues. Throughout the book, we attempt to deal with this and other emerging trends.

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