As related to the \"Virtue Matrix\" article, what are examples of at least two instrumental factors to consider? Be detailed in your answers.
Solution
Virtue Matrix: Instrumental Factors
As said by Martin, Virtue Matrix portrays the forces relevant with generation of Corporate Social Responsibility (CSR) . Thus, two instrumental factors that must be considered are: whether firms are taking ethical decisions for profit of their shareholders or for the benefit of the community on the whole. The importance of above factors can be understood through the fact that a number of consumers, investors, and business leaders are raising their voice in favor of workers, their communities, and other societal sections. According to them, corporations must also take care of all the sections of society while pursuing revenues for their shareholders.
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As related to the --Virtue Matrix-- article- what are examples of at l.docx
1. As related to the "Virtue Matrix" article, what are examples of at least two instrumental factors
to consider? Be detailed in your answers.
Solution
Virtue Matrix: Instrumental Factors
As said by Martin, Virtue Matrix portrays the forces relevant with generation of Corporate Social
Responsibility (CSR) . Thus, two instrumental factors that must be considered are: whether firms
are taking ethical decisions for profit of their shareholders or for the benefit of the community on
the whole. The importance of above factors can be understood through the fact that a number of
consumers, investors, and business leaders are raising their voice in favor of workers, their
communities, and other societal sections. According to them, corporations must also take care of
all the sections of society while pursuing revenues for their shareholders.
