What sources have helped shape your personal code of ethics and morality? What influences, if any, have ever pressured you to compromise those standards? Think of an experience you had at work or school that tested your ethical standards. How did you resolve your dilemma? Now that time has passed, are you comfortable with the decision you made? Would it have been easier to resolve the dilemma if you had asked yourself the three questions listed in the chapter? Would you do things differently now?
Briefly discuss what is corporate social responsibility, and how does it relate to each of a business’s major stakeholders.
Also respond to the following questions from chapter 5:
– Most people who start businesses in the United States are sole proprietors. What are the advantages and disadvantages of sole proprietorships?
– What are some of the factors to considcixer before buying a franchise?
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