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 [...]
The Australian Insurance Group stands as one of the insurance groups with the belief that frequency on occurrences of natural disasters are set to occur due to the rate of global warming.
The discussion therefore begins with a brief description of the topic and theoretical framework, summary of the article about the company, how the company has used or is utilising the practice of corporate social responsibility [...]
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 [...]
Defining the situation In the case, a woman is suffering from the major depression because of divorce filed by the husband and the looming court proceedings that may result in the loss of the sons [...]
Similarly, the new code of ethics should be used to institutionalize ethics within the firm. Thereafter, Smith should ensure that the code of ethics is implemented and adhered to at all time.
According to Klass, the era of television and the Internet makes children and adolescents particularly vulnerable to the negative impacts of advertising.
The fact that there are no laws that require organizations to issue CSR reports in the United States is a clear indication that the country does not emphasize corporate social responsibility. The majority of organizations [...]
However, if any of the products failed the quality test this would create a stigma to the company and the image of the company would be irrevocably tarnished.
While profitability is the key goal of the company, the stakeholders have also been the center of attention of the company.
For instance, the 'Get Schooled' initiative by the Viacom Company was informed by the need to provide a long term solution to education crisis in the US and other parts of the globe.
With a small arm in the society in the hands of the civilians, the rate of crime is reduced because the criminal knows that the target can fight back.
The above study is useful to this research in that on the top of adding to the body of knowledge to this research, it shows the relationship of employee satisfaction and ethics in relation to [...]
Honda's CSR report focuses on the company's achievements in the environment, safety concerns, educational initiatives and the company's relationship with the society.
Scopes of the study The researcher of this dissertation has research on an exceptional topic, which has number of scopes to discuss, such as Firstly, this dissertation would investigate the both negative side and positive [...]
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 [...]
According to Carpenter and Sanders, one solution could be a simple change of the work schedule to allow flexibility in the employees' lives.
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.
However, in a snapshot, the basis for rating the company as the top most socially responsible business in the world is defined by Carroll's third tier of ethical responsibilities.
This will provide the company with accountability mechanisms and ways of ensuring that funds allocated to Social Corporate responsibility are not embezzled.
In the quest for internalization, Vechtel Company opted for use of local labor as a strategy to include in the management team members of the French company through training of young and talented managers who [...]
That is, how the business can impact the society with the kind of results it obtains, and how the business is committed to improving economic development while improving the living standards of its workforce.
In the case of Merck and Co, it is possible that the company knew the indirect financial benefits that would accrue by engaging in such a philanthropic act and this should not in any way [...]
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.
In the following paper, the critical review of Geert Demuijnck's article will be conducted as well as the evaluation of the current ethical issues connected with the professional practice in the sphere of IT technologies.
The possible decreases in the company's stocks associated with the documentary's release and discussions of the ethical practices of Yelp in the media should also be analyzed to conclude regarding the public's perceptions of the [...]
The top management of the company used complex nature of the financial statements and the weaknesses in the accounting standards to manipulate the financial records with an intention of enriching themselves.
Based on the interviewee's response, leadership refers to the provision of guidance and the necessary support to the junior staff by the managers.
Apex Inc.will develop software solutions and information technologies that pose minimum threat to the environment and to the users of our products. Apex Inc.will fully disclose information that is related to the financial performance of [...]
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.
Thus, when it comes to the importance businesses accrue to the concept of CSR, it can be seen that in the business decision matrix, they consider it to be less than the need to be [...]
One of the common ways of realizing ethical behavior is the development, adoption and implementation of a code of ethics to address ethical issues that may arise in business.
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.
Women, African Americans, Latinos and Asians have been the main victims of workplace discrimination in the United States. So long as the activities are not related to work performance and creativity, they amount to discrimination.
In terms of assessment of these threats and opportunities, analysis of the role of the environment in the analytics competition process lies fundamentally in response to specific issues including the following ones: organization mission, its [...]
Scholars of organizational behavior like Ralston and Pearson concur with ethical theorists and point out that it is crucial for individuals in a society both at micro and macro levels to assimilate behaviors that culminate [...]
There are several interest unions which monitor and ensure the applicability of ethical considerations to gratify the need for fairness and accountability in the management of organization finances.
In this case, the act of denying workers insurance so as to increase company profits would be unethical because it would be placing the needs of a few administrators over and above that of the [...]
Thirdly is the relationship of the firm to the environment, where ethical issues arise in how the firm relates to the various elements of the environment e.g.customers, competitors, stockholders dealers and the community.
This has been deemed by the later to be unconstitutional while the former claim it is for the interest of not only the organization but also to the employee.
According to Crane & Matten, it is the responsibility and the role of businesses to exercise high degree of morality in their actions by conforming into the values and norms of the society at large.
Ronald Labonte: He is a professor at the Faculty of Medicine, University of Ottawa and he is currently the chair of the Canada Research in Globalization and Health Equity, an organization that is at the [...]
They also intend to help promote security and confidentiality of the organization's internal operational information, guarding the employees and associates of the organization against violation of law through making decisions that are contrary to the [...]
They further include the inculcation of social responsibility in the investment of funds of speedily developing the component of mutual benefit fund industry and addressing the interrogative of the governance crisis matters of the corporate [...]
In order to maximize the privacy of the respondents in this study, the names of the respondents should not be written on the questionnaires.
Ethical guidelines in the ECG govern the conduct of employees and the procedure followed in execution of duties in the company all aimed at achieving the set goals.
The guidelines are focused on developing the culture of the company and the behaviors of the workers so as to reveal the values that develop the base of activities in the ECG.
The communication plan will involve the Senior Executive team, the Ethics Review Committee, the Board of Directors, the Heads of Department and all employees. In conclusion, the successful implementation of a C.o.
However, the private business owners confessed that despite the challenges they still have to pay the tax as it is one of business code ethics that must be adhered to.
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.
This is to mean that all employees should be eligible for promotion, retention and should be assigned the same job responsibilities irrespective of their gender. The employer should provide training for female employees to ensure [...]
The following provides an elaborate discussion on the role of the codes of conduct of Jextra Retail Stores in the process of resolving the mentioned issues.
The task of code of ethics is to indicate the expectations of the public at the workplace. In organizations, managers and directors are answerable to the owners but on a condition that they have to [...]
As a leader, you also have to oversee that an ethical standard is maintained in the organization, and assessment of each employee's conduct will be the way of gauging this.
The recent expansion of international businesses and the failure of trade barriers globally have also highlighted the issue of ethical behavior; multinational companies develop and expand globally and enter foreign markets. An ethical business improves [...]
This means that organizations should formulate a code of conduct that will be used in the day to day service to the society.
Arguments that have been advanced by Norman Bowie are thus misleading as it should be the responsibility of corporate entities to ensure that whatever they do is not in the contrary to their ability to [...]
Effects of Corporate Social Responsibility and Business Ethic on the Global Hospitality Industry Corporate Social Responsibility refers to an organization's promise to the elimination and the minimization of harmful effect on the community while ensuring [...]
If the person is able to identify the right owner of the iPod and deliver it to him or her then that should be the best action but if he or she is not able [...]
Business ethics relates to all facets of business and it is also significant to the behavior of people and the organization at large.
It is also important to note, that the realized management and corporate culture were based on the ideas of the charismatic leadership within the company.
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.
The following discussion ascertains the statistical findings of the aforementioned researchers on the inconsistency of employment opportunities, between the African-Americans and the whites.
CSR has been defined as the continuing commitment by businesses to conduct their activities ethically and contribute to economic development while improving the quality of life of the workforce, the local community and the society [...]
It is the responsibility an organization takes upon itself to better the social lives of both the workforce and society. As more and more organisations take up the challenge of conserving the environment, it is [...]
Difficult decisions include the moral duty of the company to do the right thing, the company commitment to sustainability as well as the need to maintain the company operations besides safeguarding its reputations.
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.
In this case the success or failure of an organization to reach the stated objectives lay in the hands of the people who are concerned and more importantly in the leader who spells the vision [...]
The organization's code of conduct is an active guide towards the employee integrity and, on admission; it is a clear sign of having accepted as an employee to follow the organization ethics.
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.
The ethical climate therefore touches on things like working environment, safety of the employees, care and conservation of the environment and practices which promote the interests of the consumers like adhering to the rules of [...]
In the case of China, which is one of the most sought after destinations in the world for outsourcing manufacturing services, the business culture within the country considers CSR to be a foreign and "alien" [...]
On the issue of Corporate Social Responsibility, he argues that all companies have an obligation to the society and should thus try to act in the best interest of the society.
The major disagreement of Tim came when he learnt about the complicated billing process in the transaction between the company and Bolton Machine, a client of the company.
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.
For Immelt integration of departments and the institution of cost saving measures were just the beginning of the changes that he wanted to implement, of particular interest is his move to divest GE of companies [...]
The World Airline Awards pay attention to the quality of the services, the timeline of the offered service, the time spend on the problem solving, the politeness and qualification of the call center employees, etc.
Managers of Citigroup, Enron and Hewlett-Packard agree that organizational cultures institutionary shape the way in which firms choose to use technology.
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.
To this end, they had to come up with ethical standards that would adhere to their goals with the belief that, if the company catered for the needs and welfare of society, its good deeds [...]
It is unethical to make a rush decision of resuming consumption of water in West Virginia when the chemical spill is less than two week old. The social responsibility of a business is to make [...]
BP oil's public relations team had to work round the clock to disseminate information, answer questions and win the hearts and minds of the people closest to the site of the accident.
With the goal of the company to source 100% of its coffee from ethically responsible suppliers the resulting price of a standard cup of coffee at Starbucks also happens to increase, which indicates that even [...]
In order to achieve its objectives as well as those of the stakeholders, IKEA has put an emphasis in respecting the provisions of Global Compact Principle 1 and Principle 8.
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.
Godfrey argues that the family in itself has substantial influence on the company's assets and the economic success of the company. In the long run it becomes volatile of the family culture to challenge a [...]
This could mean a possible rebranding of the company and changing management policies which are to be ethical in all aspects.
Research conducted on CSR Programs have found out that 70% of customer buying decisions, stakeholders and staff decisions are influenced by the level of social contribution that the company makes to the society.
McDonald's has managed to overcome the problem of running overseas branches but then that gap is filled by the perception of critics who argue that the organization fosters the consumption of junk food among children [...]
The employees of the firm will be required to maintain the image of the firm and this will call for responsible behavior by the staff.
Since the management is not able to find a solution to this problem as at present and the environmental regulator is continuing to issue fines that are hindering the company's finances, this may be a [...]
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 [...]
Corporate social responsibility otherwise referred to as CSR, is therefore, the process through which companies get back to the society by behaving in an ethical manner and improving the quality of life in the society [...]
As such, there are a number of recommendations that modern leaders in the business milieu can take home from the discussions presented in this report on corporate ethics, corporate social responsibility, and global outsourcing.
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 [...]
According to Irja Vormedal and Audun Ruud, 2006, in the article "Sustainability Reporting in Norway an Assessment of Performance in the Context of Legal Demands and Socio-Political Drivers," published in Business Strategy and the Environment [...]
A company that is sustainability-oriented is one that is fully aware of its responsibilities towards the different stakeholders and adopts methods and tools that allow it to improve its social and ecological performance.
Because of its strong policies and procedures that promote best practices with regard to conservation of the environment, as well as treatment of consumers and employees.
The ethical climate therefore touches on things like working environment, safety of the employees, care and conservation of the environment and practices which promote the interests of the consumers.
In the context of the codes of ethics of the ACS, using social media to acquire information about a given job applicant implies that the recruiting team would use the media to draw inferences and [...]
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.
In this extent, the work of management encompasses utilisation of resources that are available at the disposal of an organisation to aid in the realisation of the objectives of the organisation.
The gist of this argument therefore premises on the continued improvement of the quality of life for employees and the society, in general.
Even organizations with the best ethical codes in the world often fall prey to instances of unethical conduct within its ranks and as such it is important to constantly re-evaluate whether the executives and employees [...]
Organizational leaders have an ethical obligation to ensure that they deal with cases of bullying within the workplace in a professional manner that demonstrates equality, honesty, and high sensitivity to the needs of others.
Businesses should engage in corporate social responsibility since it contributes to the sustainability and growth of the world. Although there are several organizations, notably the agencies grouped under the umbrella of the UN, whose main [...]
While strong personal ethics may help multinational managers to act ethically, managers who found themselves in cultures that do not emphasise the importance of personal ethics may engage in unethical behaviours. Managers should observe personal [...]
In particular, the researchers attempted to achieve logic as they sought to determine the answers to some of the most basic questions on ethics and the related practicality.
The bright example of legal and ethical dichotomy in business involves failure of executive managers to honor commitments and contributions made by their employees. The case of failure to respect employees' commitments and contributes does [...]
He should also talk to the rest of the company and inform them that he is not content with the sales approach in the company and that this takes away value from the organisation.
The management has given employees the right to rob customers of their hard-earned money and this aspect has a great impact on the lives of the customers, as money is a very important element in [...]
However, Perez importantly notes that obeying these ethics is quite rare to find in the current world where "the end justifies the means" and "every man for him" is the order of the day.
Business organizations around the world are required to meet the needs of their current consumers without jeopardizing the ability of the successive generations to efficiently meet their needs. This is based on the nature of [...]
Though the main objective of business organizations is to maximize profits, they cannot leave out the service they owe to the public, shareholders and the community in which they operate.
Supporting art and museums, gardens, and public places: This strategy is also fulfilled as a part of the program implemented in the 'society and culture' section of the bank whereby the company has set to [...]
Therefore, the supporters of CSR and business ethics should be aware of this limitation when speaking about the alleged benefits of improving the social performance of a company.
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 [...]
Structure of the consultant organization The consultant consists of 15 members according to the above structure. The interviews and questionnaires will try to find out if the managers themselves follow the ethical codes of drafted [...]
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.
In the light of the globalization, the problem of corporate responsibility and ethics in a business problems have come to the fore.