Welcome to BADM 697!!!
This course seeks to understand the goals and purpose of the for-profit firm. In particular, we will explore how the firm creates value, broadly defined, by investigating the concept of strategic corporate social responsibility (strategic CSR). Strategic CSR draws on what we know about economic exchange and human psychology to explain how markets work (or don’t) and how value is added (or subtracted) across the range of the firm’s stakeholders. Understanding these processes allows managers to build a strategic competitive advantage for the firm.
At the end of this course, students should be able to:
· Define principles of strategic corporate social responsibility (Knowledge)
· Identify interdependencies of various stakeholders as it pertains to CSR and Ethics (Knowledge, Comprehension)
· Describe an organization’s social responsibilities to owners, employees, consumers, the environment, and community. (Knowledge, Comprehension, Application)
· Analyze, assess, and formulate CSR recommendations for companies (Analysis)
· Explain ethical and legal considerations related to CSR (Analysis)