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This includes the study of values such as the essential equality of all men and women human or natural rights, obedience to the law of land, concern for health and safety and, increasingly, also for the natural environment.
We will write a custom essay sample on Ethics and Social Responsibility or any similar topic specifically for you Do Not Waste HIRE WRITER It includes study of universal values which includes values such as essential of equality of all men and the essential equality of all men and women, human or natural rights, obedience to the law of land, concern for health and safety Ethics, increasingly, also for the natural environment Ethics, Social responsibilities are an organization obligation to make decisions that will enhance the welfare and interest of society within legal and ethical constraints that extends beyond making a profit.
Decisions made should not be unethical so that the reputation of the corporation is not jeopardized. Ethical behavior and social responsibility are similar but different they both demonstrate a standard of moral behavior, behavior that is accepted by society as right or wrong is considered ethics.
Social responsibility is about improving the quality of relations with key stakeholders. In business an ethical code is very important to have, these codes set the standards of your company.
Social responsibility is a continuance of ethics it involves more than just the principles of ethics it also includes integrity, fairness, and respect which affect stakeholders.
Companies have a responsibility to their stakeholders to make decisions appropriately as possible. A stakeholder is a person, group or organization that has interest or concern in an organization Ethics, As a courtesy to the community stakeholders should be informed of layoffs or any other act that may directly affect those involved overall.
The effects of a dramatic change can take a toll on the communities that rely on the business for their needs. Keeping stakeholders abreast of change will give individuals a chance to adjust to upcoming events gradually, which in turn will avoid anger and hostility towards the corporations.
The Enron scandal still tops the list of unethical behavior in any organization. This scandal demonstrated immoral practices from the pressure of potential bankruptcy and greed for more profit.
This scandal shows that companies who do not follow a code of ethics and break laws should be punished. Because the company did not follow any code of ethics the government took legal action and placed several individuals from upper management in jail. This scandal could have been avoided by not having the same internal and external auditors, by having a tougher code of ethics, and by making the public more aware of the financial information pertaining to the company and their executives.
Concepts in Strategic Management and Business Policy: Achieving Sustainability 12th ed. Upper Saddle River, NJ:Essay: Corporate social responsibility and sustainability Usually CSR and sustainability use to signify the same thing but conceptually there are slight difference as CSR focus on triple bottom lines i.e.
economic, social and environmental responsibility while sustainability emphasis to societal and . In conclusion, ethics, sustainability, and corporate social responsibility are the essential roles of strategic concerns in the contemporary business leadership (Bjerke, , p.
). Ethics involves taking the right action or course for every activity performed by an individual while taking care of .
The Importance of Ethics and Values in Business Sustainability Essay - Business Management Research Assignment (chapter 5 & 11) Q1: The importance of ethics and values in business sustainability: Ethics has to do with an individual’s judgment and their morals.
Business Ethics And Community Responsibility Management Essay. Home; interpersonal responsibility (CSR) is a thought that frequently overlaps with similar techniques such as corporate and business sustainability, corporate lasting development, corporate and business responsibility, and commercial citizenship.
(Essay, Research Paper. Sustainability Essays. products, and supply of business operations, we must realize the importance of sustainability, or social responsibility, with the products and services it exchanges with customers.
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