...Ethics and Social Responsibility Paper Chris D Alexander MGT/498 The purpose of ethical social responsibility for an organization is based on the respect that is shown to clients, customers, partners, and the public. Disregarding many of the literal obligations on paper, a certain ethical nature is expected from employee to client, employee to consumers,and shareholder to employee. Research has shown that most organizations proves how each company would take pro-active measures to ensure that the companies ethics are followed to a certain extent in order to avoid internal and/or external conflicts. Strategic management becomes extremely critical for companies when evaluating potential ethical concerns. Expectations of ethics and social responsibility are the same in the majority of organizations, but the actions are not always existent in the workplace. This paper will discuss the ethics and social responsibility that are required in the strategic planning of the stakeholders and the management. Ethics is often referred to as a method of principal’s and rules that are applied to achieve and maintain a good society. The myth amongst many is that ethics is based on a measurement of religious value which is not true. Unethical crimes have occurred primarily in the midst of banking and finance businesses. There is a plethora of unethical practices in organizations which include corruption, morality, white-collar crime, and inside trading. Each are important topics...
Words: 488 - Pages: 2
...RUNNINGHEAD: ETHICS PAPER 1 Ethics Paper Lynda Katzen MGT/496 August 20, 2014 Gary Solomon ETHICS PAPER 2 INTRODUCTION This paper is about the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Included in this paper will be one example of a corporation overstepping the ethical boundaries for stakeholder programs, and what types of preventative measures could be taken to avoid this type of situation. ETHICS AND SOCIAL RESPONSIBILITY There are couple important issues of ethics and general responsibility in the strategic outlining process. According to webster dictionary, the definition of ethics is an area of study that deals with ideas about good and bad behavior and dealing with what is morally right and wrong ("Merriam-Webster", nd). The stakeholders of any corporation are not just investors, they have the power to influence the financial impact of a corporation. Ethical responsibilities are responsibilities that are governed by a moral code of conduct and are composed of beliefs that are generally held by the owners and the stakeholders of the corporation. The stakeholders also have a social responsibility to act...
Words: 613 - Pages: 3
...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
...Ethics and Social Responsibility Andrea Clark MGT 498 May 15, 2012 Thomas Moore Ethics and Social Responsibility “The concept of social responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit.” (Wheelen & Hunger, 2010 p.72) Social responsibility considers the customers, employees, shareholders, communities, interests and social- environmental consequences of their business activities. A strategic approach, companies can determine activities to devote to being socially responsible and choose activities which will strengthen their competitive advantage. Companies develop strategies with voluntarily integrated social and environmental concern in their business operations (Padala & Suryanarayana, n.d.). The purpose of this paper is to explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Ethics Ethics is described as the control over dealing with the bad and good with moral duty and obligations and business ethics is concerned with the justice, truth and a variety of other aspects including the expectations of fair compensation, society, public relations, consumer autonomy, advertising, social responsibilities, and corporate behavior within the home country as well as abroad (Padala & Suryanarayana, n.d.). Managers and top level management have a responsibility to establish ethics by creating a code of ethics for an organization...
Words: 1224 - Pages: 5
...Should Social Responsibility and Business Ethics serve a role in Corporations? NorthCentral University Abstract When you turn on the television, surf the internet or browse the Wall Street Journal the terms – business ethics and social responsibility are discussed. Recently, the Gulf coast oil spill has questioned the social responsibility of British Petroleum. However, can the terms business ethics and social responsibility apply to corporations? A review of two articles - “What is business ethics?” by P. Drucker and “The social responsibility of business to increase its profits written” by M. Friedman evaluates the two ethical terms. These articles suggest both business ethics and social responsibility should not apply to corporations. The focus of this paper will compare and contrast two approaches to business ethics. The conflicting objectives between the two parties will be analyzed. Lastly, my view and definition of business ethics and social responsibility will be conversed. Research for this paper consists primarily of peer reviewed articles and published articles. Should Social Responsibility and Business Ethics serve a role in Corporations? During the twenty- first century, businesses are confronted with many different responsibilities. Each responsibility must be address while ensuring obligations to stakeholders, special interest groups, employees and the environment. Businesses are expected to have very strong ethics, but often this is not the...
Words: 1274 - Pages: 6
...STR 581 WEEK 1 ETHICS REFLECTION PAPER A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=str-581-week-1-ethics-reflection-paper Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION STR 581 Week 1 Ethics Reflection Paper, Ethics Reflection Paper For an organization maintain stability and growth, it must consider the role of ethics and social responsibility as inherent components of strategic plan. Ethical and social responsibility criteria are important to the strategic planning process when making profit decisions before and after he enables the organization to attain the greatest possible benefits.Ethical responsibility is an obligation of every professional and is salient in every aspect of how an organization operates. Ethics ensures an organization can effectively achieve its mission, goals, and objectives which gives direction and framework. Ethics ensure guidelines are created which bind the organization into one common thread, therefore avoiding deviation from the desired strategic path. Ethics ensure that strategic plan is prepared in the best interest of all the organizations stakeholders.Social responsibility is the other major component to the strategic planning process and it correlates with organizations profitability.An organization that makes it a point include social responsibility as one of their criteria, ensure that they are contributing to the improvement and well-being of all society involved. ...
Words: 322 - Pages: 2
...Ethics Reflection Paper July 13, 2015 Professor Carlos Pineda Ethics Reflection Paper The purpose of this paper is to explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholders needs. Included, in this paper will be a reflection on the author’s ethical perspective and how it has evolved. Ethics plays an essential role in both the business and social environment. Ethics reflects the morale beliefs and principles that demonstrate society’s opinion of an action performed by a group or individual that are considered right or wrong (Pearce & Robinson, 2013). Ethics and Social Responsibility Corporate Social responsibility is best defined by the concept that an organization has a commitment to serve society on an overall basis and to meet the financial interests of its stakeholders (Pearce & Robinson, 2013). A good practice would be to separate the needs of the inside and outside stakeholders as this would allow the organization to first determine the needs of each type of stakeholder and secondly meet their social responsibility. In order for an organization to have in a depth knowledge and range of social responsibilities that must be included in their strategic plan, the strategic managers must study the four types of social committee. The four types of social committee include: economic, legal, ethical and discretional social responsibilities (Pearce & Robinson, 2013). Economic responsibilities involves...
Words: 843 - Pages: 4
...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 the various...
Words: 3552 - Pages: 15
...Business Ethics And Corporate Strategy Business Ethics and Corporate Strategy Ethical Issue Paper Travis G. Stoufer Business Ethics-BUS 323 Janet Evelyn-Dorsey January 29, 2010 Abstract A paper presented on the growing issues of business ethics and the decisions consumers and producers make when moral and ethical responsibilities are in question. Paper presents tools for consideration for tomorrow’s leaders and gives a general overview of strategies corporations take to limit legal responsibility in ethical matters that include; hiring of undocumented workers, strategies such as breach and pay, document retention, and rewriting policy on employees instead of treating them with dignity and respect. The paper discusses the viewpoint of ethical responsibilities with primary stakeholders in mind. The primary stakeholders for consideration in this paper would be employees, consumers, managers, and CEO’s. This paper argues corporate strategies such as breach and pay, document retention, and hiring of undocumented workers is unethical. Corporate strategies of this sort are unethical and consumers should align the purchases of goods and services with companies that participate in corporate social responsibility. BUSINESS ETHICS AND CORPORATE STRATEGY Table of Contents Abstract……………………………………………………………………………………ii Table of Contents…………………………………………………………………………iii Introduction…………………………………..…...……………………………………….1 Background……………….…………………...………………………………………...
Words: 260 - Pages: 2
...Professional Moral Compass Ethics, a branch of philosophy refers to the values for human conduct, considering the rightness and wrongness of actions and motives. As nursing profession is an integral part of the health care environment, the nursing ethics provides the insight to the values and ethical principles governing nursing practice, conduct, and relationships. The Code of Ethics for Nurses, adopted by the American Nurses' Association (ANA) is intended to provide definite standards of practice and conduct that are essential to the ethical discharge of the nurse's responsibility (American Nurses Association, 2012). A nurse cultivates personal ethics through personal, cultural and spiritual values which becomes a moral compass for their professional ethics. Personal ethics in combination with the code of ethics often assist the nurses in personal and social decision making during ethical dilemma. This ability prompts them to better respond to needs of the suffering patient and their own well-being. This paper will discuss the personal, cultural, and spiritual values contributing to nurses’ individual worldview and philosophy of nursing and the moral and ethical dilemma being faced in this profession. Values Contributing to Individual’s Worldview and Philosophy of Nursing Born in a Christian middle class South Indian family, the strict traditional values helped to embed the concept of service, trust, respect, integrity and responsibility through family, friends, education...
Words: 1982 - Pages: 8
... | | |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
... | | |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
...Week Two: Application of Ethics Within Individual Organizations | | Details | Due | Points | Objectives | 1 2.1 Describe ethical principles used in health care organizations. 2.2 Explain the relationship between an organization’s culture and ethical decision-making. 2.3 Recognize the role and importance of ethical values within an organization. | | | Readings | Read Ch. 3 & 5 of Health Care Ethics. Read Ch. 8 of Medical Law and Ethics. Read this week’s Electronic Reserve Readings.Read the Week Two Read Me First. | | | Participation | Participate in class discussion. | 4 of 7 days/wk | 1 | Discussion Questions | Respond to weekly discussion questions. | DQ 1: Day 2 (June 6, 2012) DQ 2: Day 4 (June 8, 2012) | 1 | Learning Team Instructions | Continue working on the Code of Ethics Paper due in Week Three. Review the Week Two objectives and discuss additional insights and questions that may have arisen. | | | Individual Ethics Case Study | Resource: Ethics Case Study Grading Criteria on your student website Read the case study in Ch. 4 of Medical Law and Ethics that begins, “Jerry McCall is Dr. William’s office assistant.” Prepare a 700- to 1050-word paper in which you answer the following questions: Does Jerry’s medical training qualify him to issue this refill order? Why or why not? * Would it make a difference if the medication requested were for control of high blood pressure that...
Words: 1206 - Pages: 5
...Ethics Reflection Paper Ethics Reflection Paper Ethics and social responsibility are important concepts that play a significant role into implementing a strategic plan. Ethics and social responsibility will benefit an organization into having a successful strategy plan and reduce and any potential negative impact of a operation. The subjects to address in this paper are the following, the role of ethics and social responsibility in developing a strategic plan considering stakeholder needs and how my ethical perceptive has evolved throughout the program. Ethics is an important concept as well as the fundamental principles of right individuals conduct. “Business ethics seek to proscribe behavior that businesses, firm managers, and workers should not engage in. Ethics is a source of guidance beyond enforceable law. It is clear and uncontroversial that firms and their workers should not engage in unlawful acts, such as selling harmful or defective products, and ignorance of the law cannot be used as a justification for unlawful actions. Business and management ethics goes beyond the law lo provide guidelines as to what is acceptable behavior in business transactions” (Haq, 2011, p.1). The way a company could successfully establish a mission, vision, or objective for its organization is through adhering ethics. The company must develop values that interest stakeholders. The values should include direction and expectation of the organization. The values should...
Words: 590 - Pages: 3
...Ethics Reflection Paper Crystal Davis STR/581 September 9, 2014 Pamela Scale Ethics Reflection Ethics and social responsibility occupy an important place in our personal value system. Customer confidence in how business operates has been severely shaken by recent corporate scandals and collapses, such as Enron and bank failures. To be their most successful, companies must consider ethics and social responsibility as critical parts, inherent components of strategic plan. Ethical and social responsibility should be considered as part of the strategic process in profit decisions in order to receive the maximum benefit, of corporate profits. This paper analyzes what ethics and social responsibility are, how each applies to a company’s strategic planning, and the overall impact on stakeholders when ethics and social responsibility is considered in strategic planning. The Role of Ethics in Strategic Planning Reflecting critically and actively on ethical issues is an obligation of every professional. Ethics guarantee that an organization accomplishes its mission, vision, goals, and objectives in a manner that will give a business a sense of direction and framework. Ethics ensure guidelines are created that bind the entire organization into one common thread, govern the action of the organizational employees, and avoid deviation from the desired strategic path. Ethics ensure that strategic plan is prepared as per the best interest of all a company’s stakeholders...
Words: 883 - Pages: 4
