Contact Us
Sign In / Sign Up for FREE
Go to advanced search...
Nobody downloaded yet

Management: Social Responsibility and Ethics - Coursework Example

Comments (0) Cite this document
"Management - Social Responsibility and Ethics" paper briefly analyses the importance of business ethics and the social responsibility concepts of organizations and managers in general. Business ethics and social responsibilities of organizations are generally considered as one and the same. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Management: Social Responsibility and Ethics
Read TextPreview

Extract of sample "Management: Social Responsibility and Ethics"

Download file to see previous pages When we speak about business management, most people talk about the core business functions like strategies, products, training & development, management of various departments of the business like marketing, production, planning, etc. Social responsibilities and business ethics are the least communicated topics in the business community because of the least preference given to the non-productive sectors by organizations. Most of the greedy organizations spent millions on the research and development for improving their competitive power in the business world, but they often keep a blind eye towards their responsibility towards ensuring proper ethical standards in their business activities. Organizations that underestimate the value of their social responsibility often get into trouble in the long run.

 Social responsibility refers to the topics in relation to the social practices of the organization and its approach and policies towards environmental problems. Business ethics, on the other hand, includes all these social responsibility parameters and other areas like the ethical principles related to the functioning of the organization and the execution of work. The functioning of the organization means the functioning of the managers and other employees and also that of the top decision making bodies.

Many companies viewed business ethics only in terms of administrative compliance with legal standards and adherence to internal rules and regulations around two-three decades before. But now, companies, professional firms and individuals alike are being held increasingly accountable for their actions, as demand grows for higher standards of corporate social responsibility (Business ethics and corporate social responsibility). The whole concept of business ethics has been changed at present. In a globalized business environment, corporate companies have realized the importance and value of all their actions with respect to its impact on society and the environment.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Management: Social Responsibility and Ethics Coursework - 1, n.d.)
Management: Social Responsibility and Ethics Coursework - 1.
(Management: Social Responsibility and Ethics Coursework - 1)
Management: Social Responsibility and Ethics Coursework - 1.
“Management: Social Responsibility and Ethics Coursework - 1”.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Management: Social Responsibility and Ethics

Business Ethics and Social Responsibility

...?Table of Contents Executive Summary………………………………………………………… 2 Introduction ……………………………………………………………….. 3 Body of paper ……………………………………………………………… 3-7 Conclusion………………………………………………………………….. 7 Work Cited Page…………………………………………………………….. 8 Executive Summary The restaurant industry is one of largest employers in the United States. The industry generates billions of dollars in sales each year. It is important for the players in this industry to consider the importance of ethics and social responsibility. Restaurants should apply ethics in their food delivery, pricing, and internal environment. The fast food industry is part of the restaurant industry. There are ethical issues associated with the way fast food chain treat their employees. These workers...
6 Pages(1500 words)Essay

Ethics and Social Responsibility

The company also owes the duty of care to every single person or region that it operates from thus bringing in the issue of corporate social responsibility. This paper aims at assessing the ethics and corporate social responsibility at Starbucks Corporation. Ethics and Social Responsibility: The Case of Starbucks Farmer Loans According to Washington (2010), Starbucks coffee processer understands the financial positions of its collaborate farmers, which at times lures the farmers into borrowing high interest loans to finance their activities. Starbucks also understand that financial shortage could make farmers opt for premature harvest of coffee that they sell at lower prices thereby cutting their profit margins (Washington, 2010)...
5 Pages(1250 words)Essay

Social Responsibility - Profit and Ethics

... been regarded as impossible. This notion has been fuelled by personalities such as Friedman who argue that the social responsibility of business lies in the maximization of profits so long as it is within the precincts of the rules of engagement (Friedman, 1970). To this end, Friedman argues that the decision concerning the social responsibility of business should be validated based on agreement with all the affected parties. In this case, Freidman asserts that business managers have an ethical obligation to act in the best interest of their employees and stockholders (Friedman, 1970). Consequently, if businesses managers conduct socially responsible policies, they are acting against the stakeholders’ best interest by forcing them...
4 Pages(1000 words)Essay

Business Ethics & Social Responsibility

...? Business Ethics & Social Responsibility Lecturer Business Ethics & Social Responsibility Introduction Business ethics are moral standardsand guidelines that guide the conduct of business founded on the concept of what is right, fair and wrong. Majority of business people rely on their consciences for decision making and fall back on their own religious and moral backgrounds for guidance. Business people are on the other hand affected by their immediate colleagues and superiors when making decisions and at times feel pressured to behave in unethical manner when aiming to make profits (Boatright, 2008). Many firms have in the recent past made efforts to establish and develop codes of conduct to be used as standards to guide managers...
8 Pages(2000 words)Research Paper

Business Management (Social Responsibility and Ethics )

...Business Management (Social Responsibility and Ethics) Introduction In the recent past, many companies had viewed business ethics in terms of administrative conformity with legal laws and devotion to internal guiding principles. Currently, the situation has taken a u-turn. Business ethics have been given high attention world wide and a lot of companies have realised that for them to have good returns, they should earn respect and confidence of their customers. Corporations, professional firms as well as individuals are like never before being held accountable for their actions. This is due to the increasing demand for higher standards of corporate social responsibility. As a result, several business ethics theories have been developed...
6 Pages(1500 words)Essay

Human Resource Management: Ethics and Social Responsibility and International Strategic Management

... in society. It is included in ethics to take care of ones responsibilities according to the needs and want of the social environment. Being a socially responsible entity if an organization is releasing some chemical that are not suitable for environment then this organization is violating the ethical laws. Social responsibility is the applied field of ethics because entities are directly in contact with the open environment. They ought to take care of cultural, legal and social standards as they are described and determined in ethics. International Strategic Management International strategic management is a unique management process that defines and determines the developing and basic principle strategies that can be acquired by any...
5 Pages(1250 words)Assignment

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...
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 agreement gives the management agent responsibilities and powers to control the dealings...
2 Pages(500 words)Coursework

Business Ethics and Social Responsibility

This paper’s focal point is to create an appropriate code of ethics that would be perfectly suited for any business. All the staff, board members, and volunteer members that work within an organization must encompass virtues that illustrate integrity in their personal and professional relations. Honesty and transparency are the most important virtues in this regard. The focal point of existence for an organization needs consideration. For instance, in an online banking organization, this could be to ensure that clients receive banking service provision of the highest quality from the comfort of their homes. The organization’s code should be well within & aims to fulfill all the requirements sets within the State&rs...
10 Pages(2500 words)Term Paper

Ethics and Social Responsibility

...Ethics and Social Responsibility College: Ethics and Social Responsibility In the business environment, ethics play a critical role in controlling and regulating the organizational behaviour. Ethics define what is right or wrong as far as organizational behaviour is concerned and provide a strategy to influence the relationship among the various stakeholders in the organization. In the past, organizational misconduct occurred due to the failure of the management to control the organizational behaviour, underpinning the organizational crisis that characterized this period. Emergent ethical theories provide organizations with approaches that define the path they should follow while creating their business path. Various authors point out...
8 Pages(2000 words)Coursework
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 Coursework on topic Management: Social Responsibility and Ethics for FREE!

Contact Us