WGU C206 TASK 2 UPDATED 2024 VERSION WITH COMPLETE SOLUTION
C206 WGU C206 Task 2 Updated 2024
Version with complete solution
Ethical Leadership
A) Corporate social responsibility (CSR) is a strategic approach that businesses adopt to ensure ethical operations and positive contributions to the community and environment. The purpose of CSR is twofold: to create value for both the company and society by making
a positive social impact while also enhancing business success. This can be achieved through various initiatives, such as community events, diversity support in the workplace, environmental pollution reduction, and charitable contributions. Failing to act responsibly can result in customer loss, stakeholder mistrust, and a diminished talent pool.
A1. Primary Stakeholders, these stakeholders have direct involvement in the business’s financial outcomes, operations, and goals. For Paradigm Toys, the staff represents a primary stakeholder group. Their
well-being and involvement in shaping company decisions are critical considerations.
C206 WGU C206 Task 2 Updated 2024
Version with complete solution
Ethical Leadership
A) Corporate social responsibility (CSR) is a strategic approach that businesses adopt to ensure ethical operations and positive contributions to the community and environment. The purpose of CSR is twofold: to create value for both the company and society by making
a positive social impact while also enhancing business success. This can be achieved through various initiatives, such as community events, diversity support in the workplace, environmental pollution reduction, and charitable contributions. Failing to act responsibly can result in customer loss, stakeholder mistrust, and a diminished talent pool.
A1. Primary Stakeholders, these stakeholders have direct involvement in the business’s financial outcomes, operations, and goals. For Paradigm Toys, the staff represents a primary stakeholder group. Their
well-being and involvement in shaping company decisions are critical considerations.
