Business Ethics And Corporate Social Responsibility
Business Ethics and Corporate Social Responsibility
|BUSINESS ETHICAL BEHAVIOR & CORPORATE SOCIAL RESPONSIBILITY |
| |
|Student’s Name:Renee Giordani |
| |
|Course Title:Sales Management |
| |
|Professor:Gene Dichiara |
| |
|SUNY EMPIRE STATE COLLEGE |
| |
|Date: December 09, 2014 |
Business Ethical Behavior & Corporate Social Responsibility:
Why Organizations Must Have IT
Corporate Social Responsibility has gradually developed into one of the greatest ethical aspects that have to be adhered to by almost every profit-making organization in order to prove their social sustainability. The term Corporate Social Responsibility (CSR) denotes “the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner” (“Corporate Social Responsibility”, n.d.). CSR which is also known by the names like strategic philanthropy, corporate citizenship, social responsibility etc, contribute a lot to the maintenance of a good public image of an organization and the process itself is very much important for businesses to make clear before their stakeholders the businesses actual role in the society. Today without being socially responsible a corporation is not going to sustain itself properly and every large business organization today, in order to taste success and secure the social license, must operate in an economically, socially, and environmentally responsible manner adhering to the principles of Corporate Social Responsibility.
In this era of globalization and transnationalization firms must operate responsibly in order to sustain their public image and their success. It is noteworthy that as firms take advantage of global opportunities, “there is an increasing understanding that incorporation of responsible practices into investments and operations abroad not only benefits the local economies and communities, but makes good business sense” (“Corporate Social Responsibility”, n.d.). Businesses which are either
|BUSINESS ETHICAL BEHAVIOR & CORPORATE SOCIAL RESPONSIBILITY |
| |
|Student’s Name:Renee Giordani |
| |
|Course Title:Sales Management |
| |
|Professor:Gene Dichiara |
| |
|SUNY EMPIRE STATE COLLEGE |
| |
|Date: December 09, 2014 |
Business Ethical Behavior & Corporate Social Responsibility:
Why Organizations Must Have IT
Corporate Social Responsibility has gradually developed into one of the greatest ethical aspects that have to be adhered to by almost every profit-making organization in order to prove their social sustainability. The term Corporate Social Responsibility (CSR) denotes “the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner” (“Corporate Social Responsibility”, n.d.). CSR which is also known by the names like strategic philanthropy, corporate citizenship, social responsibility etc, contribute a lot to the maintenance of a good public image of an organization and the process itself is very much important for businesses to make clear before their stakeholders the businesses actual role in the society. Today without being socially responsible a corporation is not going to sustain itself properly and every large business organization today, in order to taste success and secure the social license, must operate in an economically, socially, and environmentally responsible manner adhering to the principles of Corporate Social Responsibility.
In this era of globalization and transnationalization firms must operate responsibly in order to sustain their public image and their success. It is noteworthy that as firms take advantage of global opportunities, “there is an increasing understanding that incorporation of responsible practices into investments and operations abroad not only benefits the local economies and communities, but makes good business sense” (“Corporate Social Responsibility”, n.d.). Businesses which are either