Difference between value extraction and value innovation

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Reference no: EM132307213

1. Explain the difference between value extraction and value innovation as well as the long- term financial impact.

2. In Carroll's four-part definition of corporate social responsibility, he includes philanthropic responsibilities, yet he describes these as voluntary or discretionary. Explain this seeming contrast between a responsibility and a voluntary activity.

3. Why is it important for an organization to study and understand its external environment?

4. How is commercial speech protected by the First Amendment, and what standard of review would the Supreme Court use to judge the constitutionality of government restrictions on commerical speech?

Reference no: EM132307213

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