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Homework answers / question archive / Ivy Tech Community College of Indiana - BUSN 101 1)Joe Whinney, the founder of Theo Chocolate, says everyone in the supply chain should be better off as a result of this delicious food

Ivy Tech Community College of Indiana - BUSN 101 1)Joe Whinney, the founder of Theo Chocolate, says everyone in the supply chain should be better off as a result of this delicious food

Economics

Ivy Tech Community College of Indiana - BUSN 101

1)Joe Whinney, the founder of Theo Chocolate, says everyone in the supply chain should be better off as a result of this delicious food. Theo Chocolate's creators believe that they have an obligation to adopt a strategic approach to fulfilling economic, ethical, environmental, and social responsibilities, which is best described as _____.

    1. Cause-related marketing
    2. Social responsibility
    3. Corporate citizenship
    4. Consumerism
  1. Joe Whinney and Theo Chocolate's view of social responsibility is one of:
    1. An economic model
    2. A financial model
    3. Caveat emptor
    4. A socioeconomic model
  2. While Joe doesn't consider himself _____, he does think it is important to shed light on the unethical practices occurring within the industry.
    1. Corporate citizen
    2. A stakeholder
    3. An advocate
    4. A whistleblower
  3. Theo Chocolate is deliberately using its organizational core competencies and resources to address key stakeholders' interests and achieve both organizational and social benefits. However, as a proponent of the socioeconomic model of social responsibility, Joe Whinney likely believes that:
    1. Helping solve social issues will increase short-term profitability.
    2. Social issues are the responsibility of government officials who are elected for that purpose.
    3. Businesses have the resources needed to tackle today's complex social issues.
    4. Corporate time, money, and talent should be used to maximize profits.

 

 

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