Rubric: Global Civic Awareness - Demonstrate an Awareness of Social Responsibility Issues Facing Business

 

Learning Objective

 

1:Unacceptable

 

2:Acceptable

 

3:Excellent

Stakeholder Analysis Unable to identify the major stakeholders who are affected by a firm’s behavior. Able to identify the major stakeholders who are affected by a firm’s behavior. Able to identify the major stakeholders who are affected by a firm’s behavior; and able to make reasoned judgments about the relative strength of the claims of different stakeholders for a duty owed them by the firm.
Sensitivity to Issues of Social Responsibility Little or no sensitivity to the consequences of a firm’s activities for others outside of the firm. General understanding that a firm’s behavior has important consequences for stakeholders inside and outside of the firm, and awareness that many in society expect the firm to consider these impacts in the ordinary course of business. A good understanding of specific consequences of a firm’s activities upon others, and a good understanding of the specific expectations that many in society have for firms to engage in responsible behavior to acquit perceived duties the firm owes to others.
Understanding of Theories on the Appropriateness and Management of “Socially Responsible” Business Practices Little or no understanding of different theories that support or discourage “socially responsible” business practices. A general understanding of the theories that support “socially responsible” business practices (as a requirement of a firm’s “citizenship,” or as a strategic device to improve market performance via managing relationships with stakeholders), and theories that discourage “socially responsible” business practices as an interference with a firm’s primary obligation to society to maximize efficiency and its obligation to shareholders to maximize their return. A nuanced understanding of the theories that support and discourage “socially responsible” business practices; and a good understanding of how these theories may be applied to different, specific issues to make a reasoned judgment about whether and how a firm should structure its behavior to accommodate societal and stakeholder expectations relating to “socially responsible” business practices.