Suppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count towards benefits or costs. O Yes. The health effects should be estimated and accounted for as a social opportunity cost or should be disclosed as an incommensurable. O Yes. The health effects should be estimated and accounted for as a benefit or should be disclosed as an incommensurable.

use the article  Pollution Abatement Spending and Corporate Profitability from your reading this week which describes a business problem that might be encountered by a contemporary manager. This case study includes a solution to this problem using one of the management science tools you have been studying. The format of the solution you have read is what a manager might expect to see as the output of a computer program designed to solve similar problems. On the basis of the information provided and your own research: Explain the nature of the problem you have read, including why this problem is important. Explain the tool that was used to solve the problem. Introduce another tool that you think could have solved this problem Detail the potential benefits and the potential drawbacks and dangers of using management science techniques to solve the problem. Summarize the solution provided to you and present a detailed plan for applying this solution in this scenario. Thoroughly justify…

should the Environmental Protection Agency (EPA) consider costs when it regulates emissions from power plants?

How do businesses ensure transparency and accountability in their green marketing claims and product labeling?

Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable. There is no one "right" way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy, or the environment. In today's socially conscious environment, employees and customers place a premium on working for and spending their money with businesses that prioritize CSR. Critically evaluate the extent to which Strathmore University can benefit from corporate social responsibility. In your response recommend some of the CSR initiatives which Strathmore can undertake.

Perform online research on consumer protection laws in your state. Then, write a short essay on the legal provisions pertaining to the rights and responsibilities of consumers.

Conduct a CSR assessment for Nestle. Develop the business case for CSR and review their current processes and operations.   Select 1 (one) area of focus and identify a minimum of 2 (two) CSR initiative[s] that you will implement for your organization. In this section you must: Clearly identify the initiative chosen and develop the business case for selecting it. Look to your competitors here and determine how you can gain a competitive advantage. Discuss the Key Performance Indicator[s] for each and the measurement methods you will employ

social responsibility includes all of the following except   Question 29 options:   making socially responsible policies   making socially responsible decision making   taking socially responsible actions that benefit society   having a social responsibility budget

How do the terms business ethics and social responsibility differ from each other? Multiple Choice Business ethics concerns the impact of the entire business's activities on society, whereas social responsibility relates to an individual's decisions that society evaluates as right or wrong. Business ethics is a broader concept, whereas social responsibility is a narrower concept. Business ethics and social responsibility can be used interchangeably because they mean the same thing Business ethics relates to an individual's or a work group's decisions that society evaluates as right or wrong, whereas social responsibility concerns the impact of the entire business's activities on society.