Two Opposing Views of Social Responsibility (Scenario)

question 90

Multiple Choice

Two Opposing Views of Social Responsibility (Scenario)
The board of directors at Acme Generating Corporation is meeting to consider the construction of a new electrical generation facility somewhere along the coast. Director Adnan would like the facility to be a coal-burning plant located in a remote area because the costs of this method of generating electricity are moderate and any ash from the smokestacks would not affect the city. Director Wael wants a nuclear plant located near a major city since the city needs the electricity the most, and not only is nuclear production the least-expensive generating method but it also utilizes renewable fuels. Director Jabir wants a generating plant that uses combustible fuels collected from the city's garbage; moreover, he wants the metals and glass sent to recycling and the food materials buried in the city landfill. By locating near the downtown government area, steam could be used for heating the government buildings after it has passed through the generating turbines, and the exhaust would be "scrubbed" to make it clean. He believes that this approach would provide the electricity needed for the growing city and the heat for government buildings, and they would be recycling resources and minimizing the impact on the city's landfill. The other directors have not offered any input to the discussion.
-Director Adnan is following which of the social responsibility views?

• A) social responsiveness
• B) socioeconomic view of social responsibility
• C) classical view of social responsibility
• D) social obligation

Describe the Neolithic revolution and its consequences.

Define and provide examples of informal economies.

Comprehend the importance of the steam engine in England to the Industrial Revolution.

Identify various forms of exchange and markets in nonindustrial societies.

---

Definitions:

Import Quota

is a limit on the quantity or value of a certain good that can be imported into a country, typically applied to protect domestic industries.

Trade Restrictions

Measures such as tariffs, quotas, and embargoes imposed by governments to control and limit the volume or value of goods and services that are traded across borders.

Innovation

The process of creating new methods, ideas, or products, or the introduction of something new that adds value.

Declining Industries Argument

The notion that certain sectors of the economy may experience a reduction in demand and productivity, leading to a downturn in those industries.