Social responsibility is a form of regulatory strategies that firms induce into their operations in order to safeguard its stakeholders in different ethical manners.
Buffet, despite all the billions of dollars he has, still lives in his old house and, according to him, leads a life of a person with an annual income of $100,000. While, in the case [...]
Applying categorical imperative in Samsung's CSR stunt shows that the company chose to replace the faulty smartphones to gain a competitive advantage.
Moreover, it is crucial to promote societal norms and ethical learning to ensure the workers' mental well-being and the satisfaction of the clients.
The company manufactures these brands in such a way that they reflect the tastes, cultures, and lifestyles of the Indians. The major ethical issue that rocked the Coke Company in 2003 was caused by the [...]
First and most obvious, the fact that the well-being of the customers was disregarded in the Sanlu Company needs addressing. This is a serious flaw in the moral fabric of the company, which raises a [...]
An analysis of the case reveals two distinct unethical actions on the part of GEC, the first involves intentional misinformation on the part of the company when it issued the first $11 billion long term [...]
It enumerates the acts and decisions of the members towards the receiver of their actions and services that includes the world in general, the community served, and other members of the organization, who, besides the [...]
The obvious reaction to this crisis would be to make efforts in conserving existing water supplies, increasing conservation endeavors, assisting vulnerable groups, controlling the population and increasing awareness to the public of the impeding consequences.
The organization should consider factors that affect marketability of the product, such as the costs involved, any warranties, which may be implied on the product and the quality of the product as customers are concerned [...]
Despite the strengths and theoretical significance of both approaches, the theories of Aristotle and Aquinas suggest more flexibility and breadth in ethics interpretation as compared to rule-based theories.
The second article; Weaving Social Responsibility with Business Strategy: A Case Study of South India Paper Mills by Kanchan explores how South India Paper Mills has effectively responded to the critical social demands of the [...]
He drove the company to further debt, reduced sales, and employee dissatisfaction which had a great impact on investors, and thus he had to manipulate figures to regain investor confidence and maintain the value of [...]
Frank has an option to disagree with the CEO for the rights of the employees or agree with the CEO and secure his position in the executive.
Friedman on the other focused more on social responsibility and why it is not possible to do it without violating the concept of free market, the idea that shaped America and made her one of [...]
Then in the 90s and onwards to the 21st century, Starbucks coffee can be seen almost anywhere and in places where one least expects to see a Starbucks store.
Amore financial concern for the company is the decision of the chief executive that the prices in the store would not soar.
The idea that spouses are not able to separate work from home affairs has been used over the decades to explain the unprofessional nature of employment of spouses.
However, the judge followed the ethical conduct of fulfilling the fines payments despite the media influence on the matter. The globalization of labor opens investment opportunities for individuals and countries, which creates international business relations.
It could be said that the cause of the adverse chain of events was an unthoughtful enterprise's choice of the area for a donation.
A code of ethics is composed of a guide of principles and rules that help professionals in the workplace to act with honesty and integrity.
In 1989, Price Waterhouse, the firm's chief auditor, observed that the company was engaging in questionable accounting practices and business dealings.
The leader will identify the skills and dexterities of the workers and design the best teams that can deliver the targeted goals.
The harassment was viewed as a breach of ethical behavior which the public strongly expected the Nike Company to uphold regardless of whether the abuse was from the suppliers or the Nike Company itself.
While CRS is a great way for companies to benefit themselves as well as help the society, it is important to remember that social support and incentives to make the lives of communities better should [...]
The exploding smartphones have shown that, although the Samsung Company's status and quality of products were supposed to be at the highest levels, they are not trustworthy from the consumers' point of view.
Ethics is closely related to the influence of the legal norms of society and the freedom of choice in determining the specific behavior.
Therefore, business firms need to conduct an audit of their internal and external operations to ensure they conform to high environmental standards.
Bearing in mind that "utilitarianism asks us to look beyond self-interest to consider impartially the interests of all persons affected by our actions" and that happiness of the majority is more important than the happiness [...]
That is, amongst the administrators of the United Arab Emirates, the perception of the corporate social responsibility idea and the impact appended to it has given rise to the surfacing of an assortment of CSR [...]
Her partner is adamant, which means she should overlook the guidelines and influence the audit to reflect an outcome that will be good for both her career and the company.
In line with its context, this paper addresses major ethical issues that affect organizational behavior through the following three questions: Why ethical issues are major distress in different organizations How individual influences impact on organizations [...]
In the ADNOC's context, it is important to relate the progress of the organisation with the ethical culture to ensure that its core values are maintained.
Steve Jobs worked as the president of the company during its early years and left the management of the company after conflicts arose from the board of directors.
It was unethical to file for bankruptcy because most of the reasons that put it in that position could have been prevented.
Supply chain management thus has to do with the integration of both ethical and operational practices of a company and is a proven way to reduce the chances of a company being seen to be [...]
Specifically, the essay considers the following areas: The extent to which the sustainability report complies with the GRI's Sustainability Reporting Guidelines G3 Comparison between the sustainability report and what is available in the academic literature [...]
Even though Carolyn Clark was forced by her boss to volunteer her services to the charity program, she ought to realize that there is a need to help the needy in society.
Several issues have affected the corporate image of the company over the recent past and therefore there is need to try as much as possible to restore the corporate image of the company.
Among the basic questions that are related to negotiations and the adoption of ethical conduct during negotiations, the question of the rightness or wrongness of the action adopted in the negotiation comes up.
Due to the power of self-interests, McDonald's should focus on its objectives, which is to increase the wealth of its owners rather than distributing its revenues to people.
The need for CSR in the textile and apparel industry is underscored by the fact that in view of the lacking political, social and legal guidelines, the organizations operating in the industry have societal obligations [...]
The concept of corporate philanthropy evolved as a response to the threat anti-corporate campaigns pose to companies' license to operate. The idea of corporate philanthropy is, however, a contradiction considering that companies are legally bound [...]
Organizational culture is defined as the values and beliefs associated with a certain organization, the value attached to the work done by employees in the organization and the beliefs of the staff on what is [...]
Certainly, for-profit organizations can bring some improvements into the live of the community, by creating jobs or participating in charity; however, the capabilities of companies are limited and managers should also think about the profitability [...]
Closely related to social responsibility is the concept of social responsiveness, which simply means the ability of a corporation to relate its operations and policies to the social environment in ways that are mutually beneficial [...]
The ethical issue in this particular case is whether or not Alice should report the apparent mistake in Mark's nutritional report to the company or whether she should tell Mark that she looked through the [...]
This paper examines business objectives, the role of ethics in achieving the business objectives and the importance of a corporation's reputation to its corporate economic health.
It therefore falls on company regulations and carefully formulated codes of ethics to ensure that the ethical manager can be able to restore proper business conduct in the organization.
As Barnett et al.observed empirically, there are several self-evident dimensions to ethical consumerism which players in retail and distribution function should comprehensively be aware of, for these dimensions may act in an organized and collective [...]
The Rules of the international court of justice dictates the procedure of ICJ similar to those of the supreme court of Canada, where a complaint is filed by an applicant and in return the accused [...]
This is an unfavorable situation for foreign companies considering that these are credited with introducing revolutionary technologies, products, and ideas to the host countries, leading to improvement in the quality of life in such countries.
The fact that the Group has been featuring in the index is a clear indication of its sustainability levels. The group has been acknowledged and recognized in the area of sustainability performance and disclosure.
This is a theory or ideology that states an individual, manager, has the obligation to perform actions that are of benefit or profit to the society as well as the organization.
Talking about corporate social responsibility of this particular company, it is very important to identify the standards in regard to which the representatives of the company have to work.
Second, the project was expected to create more jobs both to the white and the black population in the country. Second, contrary to the expectation of the company's management the project did not succeed in [...]
These codes consist of both business ethics that are generally expected in a workplace and specific personal moral values which would lead to good behavior by the employees.
In addition, an important task for me will be to give the right recommendations that can help in the development of the company at the proper level from the side of corporate ethics.
Company loyalty refers to a concept of the willingness of employees to sacrifice for the benefit of the company, which means performing beyond the job description specifications.
As a part of this module, I also studied the specifics of implementing CSR practices in relation to the company's image, reputation, profitability, and welfare of all stakeholders and consumers.
In addition, investment management banking provides a variety of banking, finance, and banking industry products and services to clients in the manufacturing, business, regulatory, institutional, and other financial sectors.
The oil corporation was eager to investigate oil potential in Burma, a place that the rest of the world had abandoned due to several problems.
Raji forged paperwork to hide the illegal transfer of monies from the hedge fund and ordered an accomplice to launder the illicit cash to other insiders in the United States and abroad.
The sort of organization that examines restrictions and the opportunities and challenges it encounters in doing so is the center of a widely acknowledged way of thinking about whether it is acceptable to restrict speech.
The presentation will tackle such aspects as the company's background, the facts of the ethical dilemma, the evaluation of the implied ethical framework, alternative ethical solutions, and the dilemma's impact on businesses' corporate social responsibility.
Dishonesty in business is a notable characteristic of the early stages of the emergence of an entrepreneurial business and indicates its immaturity and imperfection. In addition, laws regulate the ethical attitude of a business to [...]
For instance, when choosing the appropriate manager to develop an IT project, the director ignores the candidates' level of knowledge in this sphere due to their equality in this question.
The management, who immediately responds to the complaints of their female employees in an emphatic manner and makes sure that the offenders receive punishment, develops a bond between themselves and the staff.
During a lawsuit by the government regulatory bodies, the Securities and Exchange Commission, the Department of Justice, and the Federal Reserve, it was established that Wells Fargo blatantly falsified its bank records.
In most of the cases, formal communication takes place in form of instructions to the junior employees or a report by junior employees to the top managers.
The toxic corporate culture was attributed to rigid and indiscriminate targets set by the management and an incentive scheme that stimulated the employees' desire to earn more through dubious means. Additionally, the scandal reflected the [...]
Bauman's works of this period are full of important findings concerning the ethics of a consumer society. Everything in modern-day human life is built around the idea of consuming to be happy."We consume to be [...]
In most cases, conflictions arise in the struggle to adhere to moral ethics, legal considerations, and the interests of the business.
The researcher should ensure the participants are comfortable with the study. The researcher "should also use coded information to safeguard the rights and privacy of the people".
This assignment is practically important for the readers to understand the values of organization while making ethical decisions on behalf of the company.
In the case of the latter ethical dilemma, it would be more effective and honest for this particular company to accept the fact that favouring one client over the other could lead to a tarnished [...]
In this case, it is likely that the investigator called the telephone companies pretending to be the customer and asked for a copy of the telephone toll records - records of calls made and received.
In conclusion, I have explored the obligations of the system administrator and why it is important for him to act ethically as he is the only person with superuser powers of computing systems in an [...]
Here, the disaster of the Deepwater Horizon can be considered as an example of unethical decisions that bring negative effects to the economies and nature of multiple states.
From this point, social responsibility can be observed with references to the corporations' sponsoring different social events and promoting the environmental initiatives, and the activities of Pfizer and BP corporations can become the examples of [...]
Apprenticeships in the form of mentoring can be considered a useful method for fostering ethical behavior since it enables a senior manager/executive within the company to impart the necessary ethical mindset needed to ensure that [...]
This company is committed to the detection and deterrence of bribery. Every person should be ready to support and follow the existing code of ethics.
The objectives of this paper include determining whether VW's move to use the defeat device was wrong and to establish the unprincipled standards of behavior within the company with the view of analyzing areas where [...]
The purpose of the present paper is to examine Nike as the company that follows some principles of corporate social responsibility but fails to meet the ethical requirements in relation to its workers from the [...]
This situation leads to a high percentage of the illiterate population in the Philippines and consequently creates obstacles for the development of the country in terms of culture and technologies.
This is evident when the contractor conducts the private work of the mayor without any delay, as well as the birthday gift that the contractor advances to the mayor as a friend.
Since there is a need in the multicultural and diverse environment to take the needs and cultural specifics of all stakeholders into account, the corporate ethical standards should borrow from the Social Contract Theory instead [...]
The main point of the article is a misunderstanding of the ultimate goals of CSR initiatives by the majority of companies and the resulting discrepancies in its implementation.
This is as a result of the way the rights are exercised and the overall outcome on the people. However, it is ethical for the company to claim protection by the law; for instance, when [...]
The principle also requires multinationals in the clothing, textile and footwear industry to consider the rights of every stakeholder and make judgments impartially.
Standards mentioned in the McDonalds's document are effective in terms of describing the aspects of the workplace relationships, as it is in the standards for Starbucks, and in terms of providing the detailed descriptions of [...]
However, just like decades ago, businesses of the present days earn their revenues due to the participation of the customers, and this means that the businesses are constantly evaluated by their clients from the point [...]
Overall, the basis of this issue is the unwillingness of the management to consider the interests of the main stakeholders who can affect the performance of this corporation.
In this respect, the Catholic business model helps to fulfill the mission of the church to God and the faithful across the world.
I have learned that my leadership qualities associated with ethical decision making are developed enough in order to influence my communication with colleagues or team members to persuade them to focus more on the effective [...]
Owing to the fact that water is essential for life and a common good that should be accessible to all, privatizing water may not be the morally right action to do according to Kantian ethics [...]
Harassment of the co-workers or clients is one of the major workplace ethical issues that involve violation of the employers' workplace ethics policy.
Among them is the failure of Nike Shoe Company to uphold the values of what is right and wrong in the society.
In the current research, the role of ethics in enhancing satisfaction of employees and commitment to an organization in the hospitality industry is expected to be arrived at based on the information obtained from the [...]
Objectives for the research Many scholars of different fields have already researched on the Enron scandal and the bankruptcy of this Corporation, but the prime objective of the writer of this research paper is to [...]
The purpose for the incorporation of CSR in organizations should be based on the moral purpose of such organizations to the community and the society.
Besides, based on the technology of fuel switching, the company has allowed a room for the switching of the car's engine between gas and electricity, hence reducing the amount of fuel that is consumed per [...]
Despite his dwelling on the concept of bureaucratic power, Weber says that power is the most important aspect of leadership and the followers should be the only people who grant it to the leaders.
According to Debeljak and Krkac, the corporate environment is quite broad and defined by a number of attributes like the market system, the number of players in the market, the amount of competition in the [...]
Rationales of the Research The recent scandals with milk powder has evidenced some unethical practice due to developing disease and death of children consuming milk powder with melamine contamination and the skimmed milk powder market [...]
To be more exact, the issue of the lack of certainty can be turned into a major advantage of the enterprise by introducing the principle of creativity to the organization.
It must strike a balance between the cost efficient production of its goods as well as the fair treatment of its employees as well as its other stakeholders.
If one chooses to engage in a corporate responsibility initiative that does not add shareholder value, then that person is already making the decision for shareholders on how to spend their money.
All the operations and behaviors within the company's premises should uphold the cultural value system as well as the accepted ways concerning business operations within the society.
In this paper, we shall discuss and understand the importance of free will in the sphere of business. According to some people, social reforms are the duty of politicians and not the business community.
Coca Cola Company has used the aforementioned CRS models in order to execute its social responsibility towards the community within which it operates.
The main goals for the ABC social initiatives is to enhance the performance of the company, enhance shareholders wealth as well as meet social needs of affected community.
Despite the outcome of the investigation favoring the company, it was still believed that the company had moral responsibility of issuing statements to the public and to their customers.
All the stakeholders in a company need to understand the whole code of ethics because each will find different uses for the code in their respective duties.
The most important and influential challenge was the opportunity to solve the questions of exclusion and discrimination of the minorities and women from the company's workforce in such high status posts like management.
That being the case, it is necessary for Kelly to have the best strategy for her new business. The first step is to "understand" the current position of the business and identify the anticipated goals.
The discussion examines the experiences of the company's employees and the best managerial strategies to deal with its current ethical issues.
The issue of staffing measurement is one of the major roles of the human resources managers in organizations. The evaluators should also be trained that it is unethical to base the performance of an employee [...]
The purpose of this step is to cut the cost of production since the company has found itself in a rough situation which is not promising for their future performance.
The ethical environment of a business constitutes of the professional ethics governing the moral behavior of the business in all its functions and operations.