Friday, December 20, 2019

Corporate Ethical and Social Responsibility - 2423 Words

Business Research Report Corporate Ethical and Social responsibility Presented to: Western Governors University Assessment Code: RWT1 – Competency 318.2.2 Student Name: Richard P. Shields Student ID: 92502 Date: August 7, 2009 Mentor Name: Rungrudee Suetorsak, Ph.D. Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 1. Organization Environmental responsibilities: 5 2. Organizational image: 5 3. Organization Increase profits: 6 Recommendations 7 Conclusion 9 References 10 Executive Summary Corporate social responsibility incorporates environmental, social, and economic dimensions that provide leadership and differentiation opportunities for perceptive organizations. However,†¦show more content†¦Organization often looks the other way when making a decision regarding the process of their product. A lot of money would be used for solving the social problems. Most of the time, there is limited money for that. Technical also been used to solving problems. So, in order to avoid the limited of resources, most of the organizations will possess the resources (such as money and expertise) needed to tackle social problems. Analysis: My analysis is that is in order to solve these social problems, the environment will need to be cleaner. Our organization would benefit by contributing to assist in correcting these issues. The company can use ethical decision making to secure the organization environmental responsibility. Decisions that would allow for government agencies to get involved with the organization. For instance if a company is proactive and follows the United States Environmental Protection Agency‎ guidelines for emissions on dangerous pollutants and even goes an extra step to get involved in the community and address those concerns that the public might have; they would be less likely to have the EPA investigate them for environmental concerns.(Corporate social responsibility, 2009). This would produce a good image of the company to their stakeholders or other companies, the confidence of consumer s increases, and favor to buy the goods from the company. The profit of the company will increase eventually. Therefore, acts of assisting inShow MoreRelatedCorporate Social Responsibility : Ethical Responsibility1529 Words   |  7 PagesCorporate Social Responsibility: Should we, or should we not. Corporate Social Responsibility (C.S.R.) is a theory practiced in the business sphere since fifty years. It refers to the duty of business organizations to adopt certain activities that will benefit the society in some way. Charity, health-awareness campaigns are few examples that a business undertakes to fulfil its objectives of C.S.R. According to this ideal, it is important for various corporations today to undertake such social activitiesRead MoreCorporate Ethical And Social Responsibility996 Words   |  4 PagesCorporate Ethical and Social Responsibility – Apple Company Apple Company is one of the largest manufacturers of computers and electronics. â€Å"Apple Company was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought forth a new company vision of changing the way people, viewed computers† (Library of Congress, 2008). The ethical and social responsibility of Apple Company should have started with its inception; however, it did not. It was not until years later with theRead MoreThe Ethical Standards Of Corporate Social Responsibility1126 Words   |  5 Pagesin corporate social responsibility for the fifth consecutive year (Orwell, 2014). Known for its exorbitant executive salaries, â€Å"golden parachutes†, and lavish management perks during the infamous financial bailouts of 2009, AIG still struggles to regain consumer confidence (Orwell, 2014). Multiple corporations grapple with how to meet the ethical standards of corporate social responsibility in today’s global economy. Becoming a t riple bottom line company would help a business meet its ethical obligationsRead MoreEthical Theories And Corporate Social Responsibility1853 Words   |  8 Pages 4.0 Ethical Analysis In this section, I will explain traditional and contemporary ethical theories, corporate social responsibility, governance and leadership, sustainability, globalisation, managing business ethics and the impact of changing business environment on corporate social responsibility. 4.1 Traditional Contemporary Ethical Theories and Corporate Social Responsibility Corporate Citizenship Traditional ethic starts from ancient Greeks to the ethics of Christianity. It supposes thatRead MoreThe Ethical Framework Of Corporate Social Responsibility1193 Words   |  5 Pagescomplete institutionalization of business ethics in the workplace. At minimum, this includes mandatory requirements, core practices, and strict punishments for violators. Within this idea and practice of Business Ethics, is the ethical framework of Corporate Social Responsibility. This idea suggests that companies have an obligation to act in such a way that it benefits society at large. This idea works best when a company takes a positive and voluntary approach. In many cases, we see companies struggleRead MoreEthical Policies Vs. Corporate Social Responsibilities1238 Words   |  5 PagesEthical policies vs. Corporate social responsibilities In ordinary life Ethical policies and CSR actions are commonly used and have certain overlapping, but there are contradictions between the two [1]. Ethical policies Let us come to general meaning of ethics. It is much dependent on individual’s inner voice, individual’s conduct of what is great or awful and senses make use of right or off-base. Presently apply this as business definition, the ultimate goal of the company is to make profitsRead MoreEthical Decision Making A Good Corporate Social Responsibility938 Words   |  4 PagesIn today’s busness world, ethics must be considered in order to keep organizations in good social standing in their industries and in society. Hobby Lobby founder David Green insist that stores are closed on Sundays to allow employees time for family and worship (Green, n.d.). Critics say that believers and employees may be happy with the policy, but the store is losing business to competitors who remain open on Sundays and for longer hours. This might be true but it is not important to Mr. GreenRead MoreThe Impact Of Corporate Social Responsibility On The Context Of Ethical And Instrumental Moti vation Essay2018 Words   |  9 PagesIntroduction Corporate social responsibility is not a new concept; it has evolved significantly, and presently it contains a number of terminologies, theories, and approaches. Nevertheless, one of the main issues that arise in this concept if the theories mix approaches, which use words that have different meaning and motives (Adolphson, 2004). This paper will thereby discuss and present theories of Corporate Social Responsibility in the context of ethical or normative and instrumental motivationRead MoreBp s Ethical Culture And Corporate Social Responsibility Procedures1305 Words   |  6 Pagesafter BP was blamed for one of the worst maritime oil disasters in history, which also killed 11 workers. This incident has shed light on past issues BP has faced which were not as widespread as the most current one. BP’s Ethical culture and their Corporate Social Responsibility procedures have been primarily the major issues, which can be directly attributed to the accident. Secondary to this was their management of potential risk in their Deep Sea Oil excavations, which also may have been the causeRead MoreCorporate Social Responsibility : A Business Model And Manager s Ethical Values999 Words   |  4 PagesCorporate social responsibility is an ethics that is concerned with a company’s value towards society (Daft, 44). In the book management Daft states, CSR as essentially a concept under which companies voluntarily contribute towards making a better society and a cleaner environment. The book basically has divided CSR into four subdivisions: economic, legal, ethical and discretionary responsibilities. CSR needs a proper organizational environment to be effective and in such a scenario one can say that

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.