...Essay on “Corporate Social Responsibility and Ethics” Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. “Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions” (Anderson 15). This paper will discuss the concept of corporate social responsibility. It will give the definition of the phrase, and identify some of the global factors that necessitate corporate social responsibility. It will discuss the importance of corporations setting up corporate social responsibility projects, and the impact these have on society. Social corporate responsibility and the maintenance of high ethical standards is not an option but an obligation for all business. Corporate social responsibility is no longer defined by how much money a company contributes to charity, but by its overall involvement in activities that improve the quality of people’s lives. Corporate Responsibility has come up as a significant subject matter in the international business community and is progressively becoming a mainstream activity. There is mounting recognition of the momentous effect the activities of the private sector have on the...
Words: 1659 - Pages: 7
...Writing for Students FREE SAMPLE ESSAYS, RESEARCH PAPER EXAMPLES, TERM PAPERS, EXAMPLE DISSERTATIONS, WRITING TIPS AND WRITING GUIDELINES FOR HIGH SCHOOL, COLLEGE AND UNIVERSITY STUDENTS. HERE YOU CAN ALSO FIND INFORMATION ABOUT CUSTOM WRITING SERVICES AT WHICH YOU CAN BUY CUSTOM WRITTEN PAPERS ONLINE. FRIDAY, FEBRUARY 19, 2010 Essay on Business Ethics http://writing4students.blogspot.inhttp://writing4students.blogspot.in Essay on Business Ethics Business ethics represents all the principles and standards that guide behaviour in the world of business. Therefore, all this set of principles applies in any of the fields of business (marketing, finance…) and people inevitably face ethical decisions in their every day working lives. The aim is to make every employee adhere to these standards because obviously, it is more profitable for a company to be ethical in business. But, as ethical issues are linked to decision-making, how can all decisions be ethical and above all whose responsibility is it? Therefore, we could wonder if business ethics is a personal responsibility or a group responsibility. We are going to divide this essay into two parts, the thesis and the antithesis, in order to determine whether or not business ethics is a personal responsibility. We can write a custom essay on Business Ethics for you! Values are very important as they are the core of our culture. However, people tend to separate ethics in business and in personal life even if both are...
Words: 995 - Pages: 4
...Length Color Rating Different Viewpoints of Business Ethics - Introduction The purpose of this short paper is to compare and contrast three different peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper. Four Articles All four articles center their focus on business ethics. Of the four articles, three are scholarly peer-reviewed journal articles and one, by Friedman, is an online periodical.... [tags: Business, Ethics] :: 4 Works Cited 2005 words (5.7 pages) Strong Essays [preview] Alahmad and Murphy on Business Ethics - The first two journal articles that were compared and contrasted were Ala Alahmad’s 2010 article on To Be Ethical or Not to Be: An International Code of Ethics for Leadership and Patrick Murphy’s 2009 article on The Relevance of Responsibility to Ethical Business Decisions. Some key findings of Alahmad’s writings were that ethics and leadership were closely tied together; they were found to be derivatives of one another. He mentioned that ethics is an individual thought process of making good or poor decisions.... [tags: Business Ethics] :: 4 Works Cited 970 words (2.8 pages) Strong Essays [preview] Ethical Perspectives on Business Ethics - The determination of this paper is to compare and contrast...
Words: 3552 - Pages: 15
...Global Peter Drucker Challenge Essay Contest Social Responsibility and Managerial Ethics A Focus on MNCs Prepared by: Kidus G.Mehalu Addis Ababa, Ethiopia August 2011 Social Responsibility and Ethics of MNCs The 2nd Peter Drucker’s Challenge Social Responsibility and Managerial Ethics -A Focus on MNCs . 1.1 Introductory Remarks Managers today are usually quite sensitive to issues of social responsibility and ethical behavior because of pressures from the public, interest groups, legal and governmental concerns, and media coverage. It is less clear where to draw the line between socially responsible behavior and the corporation’s other concerns, or between the conflicting expectations of ethical behavior among different countries. This essay on social responsibility and ethics set externally to international managers and thus in a sense outside their realm of control, is the expectation of appropriate behavior. This behavior is measured both in terms of social responsibility of the organization as such, as well as ethical behavior of individual managers. In addition to these expectations there is an onus on organizations and managers alike to manage the relationship with the host country. Having noted this, I shall now move on to the main issues this essay has set out to address in the following manner: 1.2 Global Interdependence Global interdependence is a compelling dimension of the global business environment, creating demands on international managers to take...
Words: 3216 - Pages: 13
...surroundings and the society takes advantage. Difficult is that ethical matters are based on individual principles and ideals. Resultantly, ethical matters are not easy to put into effect and easy to overlook. Corporate social responsibility (CSR) is rapidly becoming one of the principles on which modern business is built (Hancock, 2004). Areas can be identified were improvements should be made, and use it for strategies in future business plans. CSR refers to the economic, legal, ethical and discretionary responsibilities (Carroll & Buchholtz, 2000; Swanson, 1995). The organisations are furthermore faced up to social demands for which they are likely to show responsibility for. Following the organisation can respond in different ways. The different types of responding to the social demand are obstructive, defensive, accommodative or proactive (Carroll & Gatewood, 1981). Within this essay it will be examined how these CSR principles were / are utilized in the service business McDonald’s. For evaluating the social performance of McDonald’s there will be a closer look at the ethical & discretionary responsibilities and the responses proactive & accommodative. Finally it will be examined how to improve the social responsibility of McDonald’s by using the tools code of ethics and ethical structures. McDonald’s opened its first Bar-B-Que restaurant in 1940 by the two brothers Richard and Maurice McDonald in San Bernadino, California. It has grown quickly and opened the 100th restaurant in...
Words: 2494 - Pages: 10
...Theories of Ethics and Social Responsibility Gina Leigh Moore University of Phoenix Instructor: Dr. Nancy Kennedy ETH/316 June 24, 2014 To gain a solid understanding of ethical and social responsibility, one should begin by comparing the similarities and differences between virtue theory, utilitarianism, and deontological ethics. Once one gains a better insight of the similarities and differences, one can begin to actually comprehend the important roles ethics and social responsibility play in one’s personal and professional success. This essay describes some of the similarities and differences in how each theory addresses ethics and morality. This essay also includes an example of a personal experience to help explain the relationship between virtue, values, and moral concepts as they relate to one of the three theories. To begin, some the differences and similarities of the three theories must be described. Virtue theory is identified as an ethical theory which is person based rather than action based. It emphasizes one’s virtues, or moral character. In contrast, deontology emphasizes one’s duties or rules and consequentialism emphasizes the consequences of one’s actions. However, this essay will only be discussing one form of consequentialism- utilitarianism. Utilitarianism is defined as the theory in which the right and wrong of an action is determined by its usefulness in bringing the most happiness to those affected by it. While the differences between the...
Words: 415 - Pages: 2
...Ethics Barbara Brinkley MGT 498 February 27, 2012 Daniel Smith Ethics Ethics are moral standards by which people judge behavior (LoveToKnow Corp, 2012). The function the essay is to enlighten and identify the function of ethics and social responsibility in extending a strategic plan while contemplating the stakeholder needs and agendas. This essay will incorporate a pattern of an organization disregarding moral boundaries for stake holders’ agenda, and what style of defensive precautions were used to circumvent the situation. Business Ethics Business ethics is a structure of ethics that scrutinize the ethical beliefs and moral problem that are portrayed in business. Ethics play an extremely critical role in business today due to policies, procedures, and practices. Systems are in place to govern order and formation in an organization. Employees often challenge these systems and parameters because of no reverence for the management team. Social Responsibility The impression of social responsibility suggests that a selected organization has duties to the public that inflate ahead of making a profit. Strategic assessments repeatedly persuade other entities than just the organization. For example, a decision to cut back by concluding distribution centers and feigned goods affects not only the organization’s workers, but also the surroundings where the plants are located...
Words: 702 - Pages: 3
...This essay will discuss the following main statement; the adoption of a proposed new look Code of Ethics, based on the international Federation Accountants’ code, will ensure that New Zealand Charted Accountants meet their ethical responsibilities. Within this essay an adverse position will be taken towards the previous statement. The international Federation of Accountants (IFAC) states that, professional standards and the code of ethics form important benchmarks that should be met by practicing accountants. Accountants should understand and apply them when conducting any type of work (Pickett 2005). The New Zealand Institute of Charted Accountants (NZICA) is a member of IFAC, as part of its member obligations NZICA has to apply the same standards as IFAC (nzica) . This is how the previous statement arises, due to IFAC recently going through a major revision of the code in the area of independence. (nzica) .This essay will appoint different issues and concerns about adopting a new code of ethics and how this change will actually affect the society. Such points are; personal moral judgment, ethical education being a factor of ethical responsibilities and unclear types of enforcement and points of the Code of Ethics. “Good ethics, whether at work or home, demands self-knowledge, Whereas some groups want to see ethics as a skill or a particular part of organizational transformation, practising good ethics ultimately comes down to you and how you make decisions.”(6). Moral judgment...
Words: 1474 - Pages: 6
...Community Profiles: Social Responsibilities Johnny Vega University of Phoenix ETH316 Charles Daniels 19June 2014 Community Profiles: Social Responsibilities Social responsibilities are essential for community residents, whether in rural, suburban, or urban venues. Although the prevailing community and individual ethics and moral obligations are identified, the greater good to the communities is demonstrated through a primary theme; individual practices addressing social responsibilities within the communities that strengthen an ethical and moral lens. Our comparative analysis will address critical thinking processes defining conceivable responsibilities of the individuals to the communities, communities’ responsibilities to the individuals, and effects of social responsibilities on the communities. We will focus on the diverse Texas communities of the Shady Mountain sub-division of Leander (rural), the Shadow Glen sub-division of Manor (suburban), and the Kyle neighborhood (urban) (City of Kyle, n.d. and ShadowGlen HOA, 2014 and United States Census Bureau, 2010). Community Profiles Aside from venue differences, the Kyle neighborhood and Shadow Glen communityabideby formal Home Owner’s Association (HOA)...
Words: 968 - Pages: 4
...Ethics In Human Resource Management Alisha Wood Saint Augustine’s University Ethics and Human Resource Management Wikipedia, defines ethics as: "…a study of values and customs of a person or a group. It covers the analysis and employment ofconcepts such as right and wrong, good and evil, and responsibility." Wikipedia, defines utilitarianism as: “…ethical doctrine of greatest good. The ethical doctrine that the greatest happiness of the greatest number should be the criterion of the virtue of action The complexities of business and our human/social society makes corporate ethics a very interesting study. To a practicing manager in the working world today, this becomes critically important, especially if they don’t get it! And many obviously have not and still do not. The questions are really simple to ask - yet hard to answer: What does good business today really mean? What does ethics have to do, if anything, with good business? What impact can the human resource function have on either? Within business, what is my responsibility as a human resource professional? Corporate social responsibility (CSR) is known as one of the areas that has drawn many attentions in the business environment over the last twenty years. Carroll (1991) argued that corporation should be addressed not only from economic and legal perspectives but also from ethical and philanthropic perspectives; the idea of CSR’s pyramid is then derived. Furthermore, the efficiency theory...
Words: 2132 - Pages: 9
...This essay will discuss the following main statement; the adoption of a proposed new look Code of Ethics, based on the international Federation Accountants’ code, will ensure that New Zealand Charted Accountants meet their ethical responsibilities. Within this essay an adverse position will be taken towards the previous statement. The international Federation of Accountants (IFAC) states that, professional standards and the code of ethics form important benchmarks that should be met by practicing accountants. Accountants should understand and apply them when conducting any type of work (Pickett 2005). The New Zealand Institute of Charted Accountants (NZICA) is a member of IFAC, as part of its member obligations NZICA has to apply the same standards as IFAC (nzica) . This is how the previous statement arises, due to IFAC recently going through a major revision of the code in the area of independence. (nzica) .This essay will appoint different issues and concerns about adopting a new code of ethics and how this change will actually affect the society. Such points are; personal moral judgment, ethical education being a factor of ethical responsibilities and unclear types of enforcement and points of the Code of Ethics. “Good ethics, whether at work or home, demands self-knowledge, Whereas some groups want to see ethics as a skill or a particular part of organizational transformation, practising good ethics ultimately comes down to you and how you make decisions.”(6). Moral judgment...
Words: 1474 - Pages: 6
...justified? Milton Friedman vs. Thomas Mulligan Social responsibility, business, shareholders, taxation, executive branches and socialism are not common words that we use in our daily routine life, unless you are in a business or administration scopes. Also, you may not aware about who is Milton Friedman, and why Thomas Mulligan has strong oppositions toward him. In this essay you are going to read a comparison of two different arguments by Thomas Mulligan and Milton Friedman. Their contentions are about corporate social responsibilities. What are responsibilities for executives and companies? Do they have to fulfill them or not? Are social responsibilities only for individuals? Wikipedia defines Social Responsibility as “an ethical framework which suggests that an entity, be it an organization or individual.” It means it is not only obligated for individuals or just companies. However, Milton Friedman doesn’t think so; and Thomas Mulligan has strong arguments against Friedman’s. Milton Friedman is an American economist that received Nobel Memorial Prize in Economic Sciences. He has lots of theories and doctrines about monetary policy, taxation and socialism. One and the most popular of his article published in New York Times Magazine at September 13, 1970. In his article, he approached to social responsibility of companies’ and stakeholders’. Briefly, he stands behind the view that "There is one and only one social responsibility of business to increase its profits." (Friedman...
Words: 1070 - Pages: 5
... | | |Ethics and Social Responsibility | Copyright © 2013, 2011, 2010 by University of Phoenix. All rights reserved. SOUTH FLORIDA CAMPUS - MIAMI LC - KENDALL 13400 SW 120th Street Miami, Florida - 33186-7440 Phone: 305.378.2700 Dates: 03-06-2014 thru 04-03-2014 Meeting Times and Day: 6-10 Thursday Course Description This course provides a foundational perspective for ethics and social responsibility in relationship to individuals, organizations, and the community. Emphasis is placed on the interrelated nature of ethics, morality, legal responsibility, and social issues. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Boylan, M. (2009). Basic ethics: Basic ethics in action (2nd ed.). Upper Saddle...
Words: 1583 - Pages: 7
... | | |Ethics and Social Responsibility | | |PD12BSB07 ( 04/10/2013 - 05/08/2013 | Copyright © 2011, 2010 by University of Phoenix. All rights reserved. Course Description This course provides a foundational perspective for ethics and social responsibility in relationship to individuals, organizations, and the community. Emphasis is placed on the interrelated nature of ethics, morality, legal responsibility, and social issues. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Boylan, M. (2009). Basic ethics: Basic ethics in action (2nd ed.). Upper Saddle River, NJ: Pearson. Trevino, L. K. & Nelson, K....
Words: 1967 - Pages: 8
...The presence of qualities showing high ethics in a person is often termed as morality. Most of the times the term moral are associated with the lesson one learns from the society. The beliefs which he adheres to in his day to day professional as well as personal dealings are morals while ethics are the codes or standards of conduct expected by the group to which the individual belongs. These principles and values provide a correct evaluation of his ideas and the way he looks towards the problems of the society as a whole. Nowadays, with the advancement in technology and modernization in a society like India ethics and morals have become buzz words with many educational institutes starting their own courses in ethics development. WAT Topic for MBA Admission 2014 | WAT Topic for MBA: Indo-US relations; how much beneficial for India WAT Topic for MBA: FDI in multi brand retail is a boon or bane WAT Topic for MBA: Is ASEAN a defunct Group WAT Topic for MBA: 12 days left for XAT Essay writing; fasten your belts XAT 2014 Essay Writing and WAT in IIMs: Role, Importance and Weightage XAT 2014 & WAT: Know 10 Important Don'ts for Essay writing XAT 2014: 8 key points for effective Essay Writing Click for more WAT topics for MBA Society: The best teacher of ethics and morality The set of values that a society always keeps in mind are morals and ethics which are always supposed to be adhered to. They include a prescriptive code of conduct and don’t merely describe a state...
Words: 1009 - Pages: 5