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question 6

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Understand the triple bottom line concept and its application within the Global Reporting Initiative framework.
Distinguish between the focus areas of ethics audits and social reports.
Appreciate the importance and methods of securing stakeholder input during an ethics audit.
Know the escalation phases during an ethical disaster and the concept of shared values in successful management.

Definitions:

Zygmunt Bauman

A Polish-born sociologist known for his analyses of the links between modernity, globalization, and new forms of social life.

Poor

Individuals or groups lacking financial resources or sufficient income to meet the standard of living or basic needs in their society.

Nation-State

A political entity characterized by a defined geographical territory, sovereign governance, and a common sense of identity and culture among its people.

Theorists

Individuals who develop theories, especially in fields like philosophy, sociology, and political science, to explain various aspects of the world.

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