Explain the Difference Between Ethical Universalism and Integrated Social Contracts

question 72

Essay

Explain the difference between ethical universalism and integrated social contracts theory.Which school of thought do you think is most valid? Explain the reasons for your answer.

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Definitions:

Corporate Social Responsibility Objective

A self-regulated business model that helps a company be socially accountable—to itself, its stakeholders, and the public.

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Land Reclamation

The process of creating new land from oceans, riverbeds, or lake beds, or restoring an area to a more usable state.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public, by practicing sustainable and ethical operations.