Iron Law of Responsibility and the social contract

 

Question 1:
(Minimum of 400 words, with at least two citations)
Chapter 1 – Part 1:
Explain in your own words the Iron Law of Responsibility and the social contract. Give an example of a shared understanding between you as a consumer or an employee and a firm with which you do business or for which you work.
Chapter 2 – Part 1:
In your view, what is the single strongest argument against the idea of corporate social responsibility? What is the single strongest argument for corporate social responsibility? Briefly explain.
Chapter 2 – Part 2:
Go online and visit the website of the shoe manufacturer Toms (toms.com). Click the “Impact” link. What do you think drives a business like this to donate its profits?

 

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