Preview

Business Ethics

Better Essays
Open Document
Open Document
4508 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Ethics
Running Head: BUSINESS ETHICS

Business Ethics
Corporate Social Responsibility
[Name of the Writer]
[Name of the Institute]
Business Ethics
Corporate Social Responsibility

Part A
Corporate Social Responsibility (CSR)
The Corporate Social Responsibility (CSR) has acquired extensive interest throughout the previous decades, even though, it is not an innovative concept, and it certainly dates back to the early years of 1930, as stated by Eric Orts, University of Pennsylvania. Prior to the World War II, the industrialists of Germany, Walter Rathenau, declared that the corporations have turned out to be huge and that they have developed to be an important part of the community or the society. As said by Walter Rathenau, although a corporation significantly intends to pursue the personal and individual interests and revenues for the owners or the leaders of the corporation they progressively bear the mark of a responsibility and to a growing degree, have consistently assisted the private interest of individuals. Moreover, philosophers such as James H. Tufts and John Dewey, explained in their book ‘Ethics’ published in the year 1908, they promoted the idea that is not adequate to sight the corporations as a virtuous economic machine and that corporations are supposed to be included in the duties and responsibilities of the general public or individuals privately.

Sustainability and Corporate Social Responsibility
The concept of Corporate Social Responsibility (CSR) is not static. This concept remains in motion and its target continues to evolve, as stated by Norine Kennedy of the U.S. Council on International Business. As per the statement of Kennedy, a concrete and pure definition for CSR does not exist. On the contrary, this term is not used in place of the role and responsibilities that a state government has to confront in order to maintain a sustainable growth and expansion of an economy. The concept of a sustainable



References:

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Ethics

    • 2424 Words
    • 10 Pages

    Chandler, D. (2009). The perfect storm of leaders’ unethical behavior: A conceptual framework. Retrieved from http://www.regent.edu/acad/global/publications/ijls/new/vol5iss1/IJLS_Vol5Is1_Chandler (2).pdf…

    • 2424 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 434 Words
    • 2 Pages

    Another good example of its good ethics is in 2007 when the Kellogg Company announced that it would phase out advertising its products to children under age 12 unless the…

    • 434 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Business Ethics

    • 764 Words
    • 4 Pages

    A: Karl has to deal with some ethical and possibly legal issues in the marketing of his game “Breakaway”. It is an issue ethically simply because he himself has to find out it is suitable to market a game that primarily gives its focus on nudity, violence, and gambling. When it comes to legal issues, is it legal to market these things in foreign countries and on the Internet? This is what he needs come to reality with and needs to think about. If they have the ability to market this game in other countries, then they would have to change different parts of the game for the countries that Will has looked into targeting the game.…

    • 764 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Ethics

    • 415 Words
    • 2 Pages

    Advantages- Well, if Gerard can try to fix the policy to everyone benefits so they can understand or help them to understand the issues that is at hand or to their benefit the c…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Business Ethics

    • 1142 Words
    • 5 Pages

    Determine the impact of this event on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line).…

    • 1142 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Business Ethics

    • 1110 Words
    • 5 Pages

    The problem to be investigated is the effect and consequences of the Sarbanes-Oxley Act. The main purpose of the Sarbanes-Oxley Act of 2002 was to improve the public trust and confidence in financial reporting provided by public companies and increase in the transparency of their reports (Jennings, 2012).…

    • 1110 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Ethics

    • 394 Words
    • 2 Pages

    I would not continue to do business with a factory who does not improve working conditions. If changes that need to be made have been made clear and no progress has occurred, I would not continue to do business because safe and healthy working conditions are a basic human right. No…

    • 394 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Ethics

    • 1495 Words
    • 6 Pages

    2. Laws must be static and unyielding in order to provide stability for a society.…

    • 1495 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Ethics

    • 1288 Words
    • 6 Pages

    Ethics are the rules or moral principles that individuals or group of individuals agree on and use as aspiration goals (Corey, Corey, & Callanan, 2003). Businesses that enforce and abide clear ethical standards or ethical code of conduct create ethical working environment. Business 's ethical working environment creates better reputation that brings more trust and profit from clients and dedication from employees. Companies that operate unethically often are not successful in a long run, they gain negative reputation and distrust from the customers.…

    • 1288 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    business ethics

    • 745 Words
    • 3 Pages

    Ambassador torchlight,a dry cell battery manufacturer wants to utilize its distribution strength in consumer products and to expand their business.…

    • 745 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Business Ethics

    • 359 Words
    • 2 Pages

    Chapter 3: What, in your view, makes a company “good” or “bad”, particularly if you start with the idea that ethics is an important part of your evaluation? Why?…

    • 359 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Business Ethics

    • 3054 Words
    • 13 Pages

    also exemplified by the famous Chinese saying “turning at the temple door without a pigs…

    • 3054 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 5778 Words
    • 24 Pages

    A second consideration responds to the worldwide discussions about “corporate social responsibility” or CSR that have gained considerable momentum in the last ten years. Corporations are expected to care about their environmental impact, to behave as corporate citizens, to defend freedom on the internet, to support cultural and sports events in their communities, to help the victims of natural disasters such as tsunami and Katrina, to provide health care at reduced prices or for free to the needy who can’t afford it, etc. Against the backdrop of this wealth of expectations, it is striking that, quite often, the financial and economic responsibilities of business organizations seem to be ignored, and,…

    • 5778 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    Business Ethics

    • 3798 Words
    • 13 Pages

    Social responsibility requires individuals engaging in business endeavors to behave in an ethical manner. Ethics are principles of behavior that distinguish between right and wrong. Ethical conduct conforms to what a group or society as a whole considers right behavior. People working in business frequently face ethical questions. Business ethics is the evaluation of business activities and behavior as right or wrong. Ethical standards in business are based on commonly accepted principles of behavior established by the expectations of society, the firm, the industry, and an individual’s personal values.…

    • 3798 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 677 Words
    • 2 Pages

    All of us would have heard an old saying “It’s all fair in Love, War & Business”. I am not sure about love and war but not everything is fair in business as today’s civilization is sensitized and present to how the business is conducted.…

    • 677 Words
    • 2 Pages
    Good Essays