This website uses cookies to ensure you have the best experience. Learn more

Ethics And Social Responsibility Essay

2015 words - 8 pages

IntroductionOur world is made up many different groups, with their own moral norms and there is no way to choose between these competing sets. What will be right for one group, will be wrong for another. Given this, should managers ignore ethics and look only to their self-interests for guidance when making decisions in their organizations?The field of business ethics has traditionally been the domain of philosophers, academics and social critics. Consequently, much of today's literature about business ethics is not geared toward the practical needs of leaders and managers, the people primarily responsible for managing ethics in the workplace.In my essay I will try to identify those different groups, their moral norms, ethics, ethical approach on managing, social responsibilities of organizations, and I will try to express my opinion, if managers should behave within those moral norms all the time and in any situation.Groups with different moral normsThere are many different organizations in the world with different purpose of existence. Governments are known as most powerful among these. Governments' responsibility is to set regulations and legislations, and control of performance of these regulations and legislations, in order to all other organizations perform within legal norms, and usually these regulations are ethical standards reflected in legal framework."Although, governments have different cultural, political and administrative environments, they often confront similar ethical challenges, and the responses in their ethics management show common characteristics." http://www1.oecd.org/puma/ethics/pubs/pb4.pdfAccording to Stoner et al (1994), in their concern with the internal environment of organizations managers should pay attention for importance of the external environments: political, economic and cultural trends in society, and how external groups responded to the organization. The external environment has both direct action elements. Direct action elements of the total environment are those that directly affect and are affected by the organization's major operations, for example, suppliers, customers, shareholders, employees, competitors, financial institutions, unions, government departments. Such groups are the stakeholders of the organization and they are internal (e.g. employees, owners) as well external (suppliers, customers).Indirect action elements don't directly influence the work of organization, but can influence its managers' decisions, for example, economic and technological change, social and political trends. Indirect action elementsaffect the climate in which organization operates and can become direct action elements. The indirect action external environment of organization can be political pressure groups, legislation, other business groups, ecology, groups, consumer activities, the media, education groups, research and development in other industries, etc.All these groups aim on achieving highest performance and...

Find Another Essay On Ethics and Social Responsibility

The Role of Ethics and Social Responsibility

890 words - 4 pages Ethics Paper PAGE \* Arabic 2 Running Head-THE ROLE OF ETHICS AND SOCIAL RESPONSIBILITYThe importance of ethics in developing a strategic planJaime EnriquezMGT 498January 24, 2011Eligah KingThe importance of ethics in developing a strategic planBusiness ethics are becomingly more effective in the modern world of business, yet ethics and social responsibility are concerns misunderstood today. Organization's when confronted with issues that

Business Ethics and Corporate Social Responsibility

581 words - 2 pages .htmlDynacare Laboratories. Retrieved August 8, 2008 from http://www.dynacare.com/Global Environmental Management Initiative and Business for Social Responsibility.(2006). GEMI-BSR Survey: Sustainable Business & Strategy: Views From theInside, ExecutiveMedical Diagnostic Laboratories, LL> Retrieved February 29, 2008 fromhttp://www.mdlab.com/html/home.htmlSchaal, D. (2008) 100 Best corporate citizens 2008. Retrieved August 8, 2008 fromhttp://www.thecro.com/node/615Weiss, J. W. (2006). Business ethics: A stakeholder and issues management approach(4th ed.). Canada: Thomson South-Western.

Comparative Business Ethics and Social Responsibility

1593 words - 7 pages Comparative Business Ethics and Social Responsibility HC2121 Lecturer: Sandhy Patrick Md Omar Rashid HBD2114 Employees habitually face ethical predicaments. These ethical behaviors refers to treating others fairly, it specifically refers to; Being honest, Maintain confidence and trust of their employers, Following rules and regulations set up in the organizations, Conducting themselves in a proper manner, Demonstrating loyalty to

Ethics and Social Responsibility in Marketing

928 words - 4 pages trauma or permanent damage to young children.ConclusionThis is just one of many products out there that totally disregard their ethical, moral, and social responsibility in the name of the bottom line. I find it to be a disgusting, demoralizing example of just where our society is going. With just a little extra effort and out of the box thinking, this product can be marketed successfully and ethically.ReferencesArmstrong, G., Kotler, P. (2006

Ethics and Corporate Social Responsibility: The Regulatory and Legal Framework

1158 words - 5 pages creation subject only to minimalist public policy and perhaps customary business ethics (Windsor, 2006).It is universally agreed there is no single definition of Corporate Social Responsibility (CSR), but a great many companies and organizations worldwide promote its ever increasing use (McWilliams, Siegel, and Wright, 2006). According to some scholar, CSR are situations where the firm goes beyond compliance and engages in 'actions that appear to

Legal Issues, Ethics and Corporate Social Responsibility on Business Planning

931 words - 4 pages failures in many aspects of the daily operation of a business and the overall business plan of a corporation. The ongoing evaluation and analysis of the planning process is necessary to improve the overall process to keep the company in line with the latest changes in the industry. Therefore, this paper will discuss how legal issues, ethics and corporate social responsibility impact management planning at (My company).Legal IssuesBusiness plans

Ethics and Corporate Social Responsibility in the Music Industry

1788 words - 7 pages and how industry laws are outdated and don’t meet certain needs, especially in the area of compensation for one’s work. Corporate Social Responsibility Within the industry there are a lot of firms and artists fighting for fair compensation, even if it means they must speak out against sections of their own industry. Organizations such as The Recording Academy,ASCAP, American Federation of Musicians, and the Recording Industry Association

Ethics and Social Responsibility/ Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.

753 words - 3 pages Ethics and Social Responsibility in Strategic PlanningCorporations when faced with difficult decisions have to keep in mind that the decisions that need making not only affect the corporation and the employees that work for the corporation, but it affects the corporations' stakeholders, and the public communities. The decisions made still need to keep the best interest of everyone involved without losing more of the corporation than what needs

This essay is about the role of ethics and social responsibility in management

1122 words - 4 pages governed by a code of ethics that reflectspositively on the practitioner and managerial profession. Simply stated, nothing shouldprevent a manager from maintaining high ethical standards and social responsibility in the quest for high performance and quality? (Frank Lalli "A Question of Professional Ethics").

Literature review on the ethics and social responsibility of an organisation

697 words - 3 pages Literature Review on Ethics and Social Responsibility of an OrganizationToday's society is primarily based upon performance and profit and a hunger to achievesuccess at an increasing rate, therefore it is not odd to discover that it is essential to instilla sense of social responsibility into any organization.Throughout the centuries people were trying to choose between profit and moral. Perhaps some of them obtain both, but every time it was

Global Ethics and Social Responsibility

1048 words - 4 pages movement supported industrialization, agriculture and elimination of foreign capital. Velasco's movement caused in negative spending on Peruvian social structures and increased activity by the Shining Path movement, a communist party active in specific areas of Peru (See Appendix A). To return back to democracy the country was accompanied by increased debt and hyperinflation. In 1990 Albert Fujimori was elected giving almost a 10 year corruption

Similar Essays

Social Responsibility And Ethics Essay

1731 words - 7 pages operating in the host country. Additionally, as described by Gupta and Govindarajan, “the success of companies in exploiting emerging opportunities and tackling their accompanying challenges relies heavily on how deeply they understand the dynamics of their operating environment” (as cited by Abebe, Elmuti, & Minnis, 2005, p. 1024). Social responsibility and ethics Global expansion has developed a strategic imperative for nearly all large

Ethics And Social Responsibility Essay

2114 words - 9 pages ethically, the costs of unethical conducts can be avoided and the overall welfare of the society will improve. Works Cited BusinessWeek. (7 March, 2007). The Mortgage Mess Spreads. Retrieved from BusinessWeek: http://www.businessweek.com/investor/content/mar2007/pi20070307_505304.htm?chan=rss_topStories_ssi_5 Chan, G., & Shenoy, G. (2010). Ethics and Social Responsibility, Asian and Western Perspectives. McGraw Hill. Crane, A., & Matten, D. (2010

Define Ethics And Social Responsibility Essay

1667 words - 7 pages Introduction: As recently as a decade ago, many peoples,companies or organizations viewed ethics,social responsibility,business ethics only in terms of administrative compliance with legal standards and adherence to internal rules and regulations. Today the situation is different. Attention to them is on the rise across the world and many companies or organizations realize that in order to succeed, they must earn the

Ethics And Corporate Social Responsibility Essay

1603 words - 6 pages Introduction/SummaryOften times, many business decisions are not always black and white and there are ethical dilemmas that leaders sometimes face. "Leadership must know how the myriad human behaviors and interactions fit together like puzzle pieces to create a whole picture" (Kehoe, pg. 201). Ethics is the study of honest behaviors and decisions, examining what should be done in relation with Corporate Social responsibility (CSR). Corporate