Nobody downloaded yet

Ethics and social responsibility and its affect on organization - Essay Example

Comments (1) Cite this document
The paper aims to discuss on these issues and lastly provides a recommendation, as the management should promote the practice of ethics, the policies, procedures should follow the code of ethics which would leads to competitive advantage for the firm. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Ethics and social responsibility and its affect on organization
Read TextPreview

Extract of sample "Ethics and social responsibility and its affect on organization"

Download file to see previous pages Ethics and social responsibility and its affect on organization

A Business enterprise is portrayed as an entity doing business to make a profit and forms an integral part of the community, society and market. The social responsibilities of a business are to improve performance, make profits and fulfilling the expectation of its stakeholders. Responsible business addresses the issue on ethics and social responsibility which is faced almost every day in the economy. Programs on business ethics provides the business with management and leadership practices helps in complying with the rule and regulation, minimizing the risk and bring value to the stakeholders (ITA, n.d, p.31). Thus the purpose of the report is to state the benefits of adopting the ethical and social responsibility practices in businesses.
The main idea behind the report is to analyze the claim that by practicing ethical and social responsibility in business leads to increase in efficiency in the work place. Practice of ethics leads to good reputation of the company and the effect that ethical and social responsibilities have on the relationship with employees, customers and investors.
The scenario talks about being ethical in business and practicing the habit of social responsibilities. The audience constitute of the CEO of the company, the HR, marketing manager, operation manager and also the employees. This is because the field of business ethics has changed as firms had recognized the benefits of conducting ethical conduct. Ethics contributes to firm’s commitment towards its employee, customer’s satisfaction and also towards the investors. It is necessary to practice ethics as most of the organization today aims to create a core competency against its competitors by way of practicing ethics and social responsibility. Organization with unethical practices are usually not looked a strong business organization and investors and customers often hesitate to invest in such organizations. Therefore organization with ethical value often tends to stay ahead from the unethical firms. Even employees would deliver high performance when they work in a good corporate culture which ultimately leads to the success of the firm. Body Present the Information gathered Ethics and social responsibilities help the organization to increase efficiency. Managers always try to make the best use of the resources in order to increase the level at which organization perform. Pressure to increase performance is often regarded as healthy as it allows managers to question the way organization works and thus bring changes by practicing social responsibilities and ethicality (Jones, 2009, p.39). Business ethics and social responsibility can affect the reputation of the company. Practice of ethics can help in building reputation among employee, the customers, stakeholders and the general public (Ferrell, Fraedrich & Ferrell, 2008, p.25). Business ethics ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Ethics and social responsibility and its affect on organization Essay”, n.d.)
Retrieved from
(Ethics and Social Responsibility and Its Affect on Organization Essay)
“Ethics and Social Responsibility and Its Affect on Organization Essay”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
virginia40 added comment 1 year ago
Student rated this paper as
At first, I thought 5 of pages is too much for such a subject. But now I see it could not be done smarter. As the author starts you see the difficulty of the issue. I’ve read all at once. Perfect example

CHECK THESE SAMPLES OF Ethics and social responsibility and its affect on organization

Business ethics and social responsibility

...?Executive Summary Ethical conduct of firms at the local as well as global level is considered as one of the essential requirements for the firms to operate. However, many firms often engage into practices which can be considered as entirely unethical. The episode of using Melamine in the baby milk in China is one such occurrence of unethical behavior where the firms producing the baby milk deliberately compromised the health & safety of the children using the milk. 6 children have been reportedly died due to consuming the milk while more than 800 were hospitalized due to the consumption of the milk. Society as a whole therefore not only bears the health costs of such activities of the firms but also withstands the...
3 Pages(750 words)Essay

Ethics and Corporate Social Responsibility

...that fosters in the production of foodstuff such as corn flakes. The management of Kellogg Company has highly based its policies on corporate social responsibility, and as a result, the company operates for more than 100 years. Kellogg Company ensures corporate social responsibility through protecting the environment, advocating healthy living by selling nutritious products and sticking on promoting ethical standards. Additionally, Kellogg Company is committed in promoting good corporate citizenship through ensuring there is diversity in the work force, and a safe and healthy working environment (Banerjee, 2007). The best and most...
10 Pages(2500 words)Essay

Business Ethics and Social Responsibility

...are paid low wages, but are expected to do a lot of work. Restaurants should be responsible in their selection of suppliers. Corporate social responsibility can be used by restaurants to improve the quality of life of its stakeholders. Introduction People expect business enterprises to behave in a socially responsible manner and to apply the highest standards of ethics. Ethics can be defined as the study and evaluation of human conduct in the light of moral principles (Credo Reference). It involves making decisions between right and wrong. Business enterprises in all industries are faced with...
6 Pages(1500 words)Essay

Ethics and Social Responsibility

...? Ethics and Social Responsibility Ethics and Social Responsibility Introduction Starbucks Corporation is an international coffee house chain based in Seattle, Washington. It has been termed as the largest coffeehouse chain in the world operating in more than 55 countries. The products provided by the company, include coffee that is drip brewed, espresso based drinks, hot and cold drinks. Others on its menu include coffee beans, salad and sandwiches. The large population that forms part of consumers of products needs protection from any activities that might endanger their lives. The company also owes the duty of care to...
5 Pages(1250 words)Essay

Social Responsibility - Profit and Ethics

...the reputation of such companies. In effect, a degree of customers may agree to the protest calls and source for their dairy products elsewhere. Consequently, their profit margins are negatively affected. The processors and supermarket chains need to recognize that an ethical, fair pricing to their suppliers, serves their profit interests in the long run. Ethical responsibility equally has the potential to inspire customer confidence, loyalty as well as attract other customers (Levine, 2008). In effect, an organization that ensures the customers are satisfied with the fiscal policies maintains its share market. In relation to the UK...
4 Pages(1000 words)Essay

Business Ethics & Social Responsibility the obligations of social corporate responsibility and corporate responsibility (Bowie, 2006). As mentioned earlier, the staff must be trained effectively on the developed Code of Ethics. Training and communication, implementation, plan for the role of leadership, and monitoring and enforcing plan are necessary to ensure the staff understands the need of the Code of Ethics in an organization. Code of Ethics would be useless essentially unless staff is trained about it, its functions and roles, and how it practically works. The Code of Ethics will therefore be communicated effectively...
8 Pages(2000 words)Research Paper

Ethics and Social Responsibility

..., environmental responsibility, executive pay, and the definition of corporate obligations to stockholders (p. 364). It is high time the scholars took to the advance research in the area of business ethics and corporate responsibility. Yet, in 2003, when the article was published, little was done in this direction. So the Journal of Academy of Management, founded “to make possible the accomplishment of the economic and social objectives of the industrial society” (p.363), served only to accomplish its economic objectives. The journal was accused of inability to take ethics seriously. Since its foundation and till 2003,...
3 Pages(750 words)Essay

Ethics and Social Responsibility

... Section/# Nau – The Fastidiously Environmentally Conscious Retailer In terms of a business that strives to be ethical and responsible, it would be hard to imagine a better example than that of Nau. The firm has gone to great lengths to redesign its product offerings to be environmentally friendly; even going so far as to expend a great deal of money researching what specific textile threads have a lower impact on the environment while still providing cutting edge outdoor usage. In this way, Nau is far ahead of the competition in working to provide an environmentally conscious product in an ethical manner. Likewise, the store has also heavily invested in making itself energy friendly by drastically reducing floor space. Whereas... this...
2 Pages(500 words)Case Study

Ethics and Social Responsibility

.... Dunkin Donuts has social and economic responsibilities to accomplish among the employees, the customers, the investors and the community at large. In an independent perspective, the company has full responsibility to the customers in order to meet its objectives. This involves ability to develop proper ethics of service delivery in the coffee industry. In return, the process of service delivery creates customer loyalty. Legal Issues 1. Dunkin Donuts is a corporate business that adopts the use of the democratic style of leadership. The business is a sole proprietor firm that adopts a management agreement to bind the firm and a management agent. The...
2 Pages(500 words)Coursework

Organization Justice , Ethics, and Corporate Social Responsibility

...that are taken to manage ethics in the company. Firstly, the code of ethics is designed and practiced efficiently. The code of ethics is the first most important aspect which has to be covered by any company. It is a document which sets up and monitors the ethical practices of the organization. This code of ethics are reviewed by a committee on a regular basis and checked. Secondly it is essential to ensure that the employees understand the code of ethics and thus the company trains and educates its employees for ethical behavior and gives them the potential to understand the meaning of...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Ethics and social responsibility and its affect on organization for FREE!

Contact Us