Preview

Corporate social responsibility

Satisfactory Essays
Open Document
Open Document
489 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Corporate social responsibility
Introducing Business Ethics








Is it an Oxymoron?
Is Business Bluffing Ethical?
Definition of business ethics: Business ethics is the study of situations, activities and decisions where issues of right and wrong are discussed!
And business ethics is the study of ethical dilemmas! – what do you think about the dilemma in the book?

Legal and ethical

Legal and unethical

Illegal and ethical

Illegal and unethical

Law

Ethics

Ethics

Law

Ethics

Law

Business










Big influence of business on society
Potential major contribution of business to society Business malpractices are huge
Stakeholders require business ethics
Education in ethical decision-making is important Ethical violations are huge
Managing ethics in organizations is needed





Business ethics in large and small companies
Business ethics in private, public and civil society organizations
Business ethics and public administration

Business ethics is important in these different fields 







Gospel of globalization!
Financial crisis – global capitalism
Globalization is process which dimishes the necessity of a common and shared territorial basis for social economic and political activities, processes and relations
Globalization include cultural, legal and accountabiliy issues for business ethics
Who are the key actors and stakeholders?








Environmental pollution and destruction of local cultures
Many companies have sustainability statements We need to combine the economic, social and environmental – therefore we focus on the triple bottom-line as essential for business Triple bottom-line management – the balanced company…








Anti-globalization campaign against
MacDonalds
What would be the appropriate business ethics of MacDonalds?
Sustainability?
Human rights of Workers?
Is ethics of MacDonalds an Oxymoron?
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Critical Evalutation on Pacfic Brands Case Study
    • 270 Words
    • 1 Page

    Critical Evalutation on Pacfic Brands Case Study

    The management issue, ethical responsibility can be identified when the company Pacific Brands had announced that they were closing all seven factories in Australia and moving the manufacturing overseas due to the fact that labour would be much cheaper overseas as well as Australian’s would be paying less money for the same clothes. This highlight’s Pacific Brand’s action to take the company overseas, being negative aspect of ethical responsibility. This selfish act would give the business a bad name/reputation. A multinational company may move its manufacturing facility to a developing country to reduce costs. Practices acceptable in that country, such as child labour, poor health and safety, poverty-level wages and coerced employment, will not be tolerated by an ethical company (Lynne MacDonald, 2011). Pacific Brands has displayed no duty to follow a morally correct path with the organisation in terms of ethical responsibility. Although it can be argued that this action to move overseas would increase employment opportunities overseas.…

    • 270 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Corporate Social Responsibility
    • 554 Words
    • 3 Pages

    Corporate Social Responsibility

    [Carroll, 1979; 2008, 500]: "The social responsibility of business encompasses the economic, legal, ethical and discretionary expectations that a society has of organizations at a given point in time."…

    • 554 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Explain the ethical issues a business needs to consider in its operational activities
    • 3515 Words
    • 15 Pages

    Explain the ethical issues a business needs to consider in its operational activities

    Business ethics is an organisation which works to achieve corporate aims. The aims are dictated by the kind of organisation itself. A public service organisation, for instance, must deliver government services such as social services. A private business seeks profit for the benefits of its owners. Business managers in these organisations are paid to make decisions that will help the business to achieve its aims and objectives. These decisions can be related to staff, financial investment, marketing strategy, products or location.…

    • 3515 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Corporate Social Responsibility
    • 1934 Words
    • 8 Pages

    Corporate Social Responsibility

    Companies have a social responsibility to perform and behave in particular ways. A company has a responsibility to ensure that any stakeholder’s needs are being met. The Toyota Corporations history and goals are as follows; “Toyota Motors is a Japanese automobile manufacturer founded in 1933. Toyota accounts for 78 percent of all the hybrid gas/electric cars sold in the United States. They are working to become the largest car-seller in the world, and in the first quarter of fiscal year 2007, for the first time ever, Toyota sold more cars than General Motors. Toyota posted record revenues and profits in the third quarter of 2007. Toyota is, overall, the world’s largest automaker when measured by net worth, revenue and profits” (Kageyama, 2010) and has a social responsibility to perform ethically in relation to the environment. Toyota has 45 manufacturing companies in 26
countries/locations, which produce Lexus- and Toyota-brand vehicles and components.…

    • 1934 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Is Ethical Behaviour in Business Just a Contradiction in Terms?
    • 607 Words
    • 3 Pages

    Is Ethical Behaviour in Business Just a Contradiction in Terms?

    Business ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed (Crane & Matten 2004). The words “right” and “wrong” refer to morally right or wrong, moreover “business” refers to commercial businesses, government organisations and even not-for-profit businesses. Business ethics is a highly controversial area subject area, with many arguments over exactly what constitutes ethical behaviour. The goal of ethics is to enable people to make better decisions, not to lay down a set of rules to be followed, but to develop a wider appreciation of relevant factors which affect the resolution of a problem. Difficulties began to arise where possible courses of action involve a mixture of harm and good consequences, or require a choice between harmful and good consequences.…

    • 607 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Business Ethics Quiz
    • 856 Words
    • 5 Pages

    Business Ethics Quiz

    Business ethics is the study of what constitutes right and wrong, or good and bad, human conduct in a business context.…

    • 856 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Corporate Social Responsibility
    • 903 Words
    • 4 Pages

    Corporate Social Responsibility

    Corporate social responsibility has been a controversy topic for many economists. Some think that a corporate does not have any social responsibility while others believe a corporate does have some social responsibility as it exists in the society and is using the resources of the society. Milton Friedman and Charles Handy are the two typical representatives for these two contrast ideas which are reflected through the two famous articles “The social responsibility of business is to increase its profit” by Milton Friedman and “What’s a business for” by Charles Handy.…

    • 903 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Corporate Social Responsibility
    • 1382 Words
    • 6 Pages

    Corporate Social Responsibility

    1.Starbucks has worked hard to act ethically and responsibly. Has it done a good job communicating it efforts to consumers? Do consumers believe Starbucks is a responsible company? Why or why not?…

    • 1382 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Corporate social responsibility
    • 3678 Words
    • 15 Pages

    Corporate social responsibility

    For the preparation of this paper, we are indebted and there by express our sense of appreciation to Dr.Than Win, Principal of National Management College, Daw Khin Aye Win, Managing Director of STI and Saya U Naing Bwar for their kind assistance.…

    • 3678 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Corporate Social Responsibility
    • 553 Words
    • 3 Pages

    Corporate Social Responsibility

    Over the years, there have been theories of Corporate Social Responsibility that have flourished. These theories have help corporations to understand the importance of Corporate Social Responsibility. Other theories have provided an explanation of beneficial or damaging effects. Most importantly, each theory provides a different perspective on applying corporate social responsibility. Overall, corporations need to understand how both theories, Systems Theory and The Triple Bottom Line theory, relate to Corporate Social Responsibility within their corporation.…

    • 553 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Business Moral
    • 818 Words
    • 4 Pages

    Business Moral

    The author will discuss Ethics as it pertains to Business in today’s world. The author will explain can Business have moral ethics while defining different types of ethics. The author will support its argument with supporting definitions of types of ethics pertaining to her argument.…

    • 818 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Ethics
    • 21430 Words
    • 86 Pages

    Ethics

    Business Ethics (BE) has been called an oxymoron. By an oxymoron, we mean the bringing together of two apparently contradictory concepts. The statement also suggests that there are not, or cannot be, ethics in business. However, there appears to be good reason to suggest that business ethics as a phenomenon, and as a subject, is not an oxymoron. Whilst there will be disagreements about what exactly constitutes “ethical” business activity, it is possible to introduce a fairly uncontroversial definition of the subject itself:…

    • 21430 Words
    • 86 Pages
    Good Essays
    Read More
  • Powerful Essays

    corporate social responsibility
    • 1667 Words
    • 6 Pages

    corporate social responsibility

    Maybank are one of the two parties in Malaysia whose take part in the CDP. They had showed their carbon commitments through their participation in the CDP since 2010.…

    • 1667 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    The Role of Ethics in Tomorrow's Society
    • 4088 Words
    • 17 Pages

    The Role of Ethics in Tomorrow's Society

    Ethics pervades business decision making in all spheres of production, finance, marketing and distribution, and customer relations. The operational challenge is therefore the extent to which business decision-makers incorporate ethical standards openly into their business strategy, business management processes, and the creation of an environment in which ethical codes are practiced by “commission” as opposed to such codes being violated by “omission”.…

    • 4088 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Business Ethics
    • 678 Words
    • 3 Pages

    Business Ethics

    Chapter 1: Key concepts in business and professional ethics [Unit 1: Introduction to Business Ethics…

    • 678 Words
    • 3 Pages
    Satisfactory Essays
    Read More

Related Topics