Ethics and CSR

FACULTY BUSINESS AND MANAGEMENT

SEMESTER MAY / YEAR 2011

OUMM3203

PROFESSIONAL ETHICS

MATRICULATION NO : 830904045387001
IDENTITY CARD NO. : 830904-04-5387
TELEPHONE NO. : 012-6330404
E-MAIL : [e-mail]
LEARNING CENTRE : PP DURIAN DAUN, MELAKA

TABLE OF CONTENTS

BIL
TITLE
PAGE NO
1
Introduction
2
2
A Review on Literature on Ethics and Social Responsibility
5
3
Important of Ethics and Social Responsibility
8
4
Argument on Ethics and Social Responsibility
10
5
Approach to Sustain Ethics and Social Responsibility
12
6
Conclusion
14
7
References
16

1.0 INTRODUCTION

Ethics are talked about frequently and addressed in the news when unethical decisions are found. Sadly, people do not hear about ethics when others are engaging in ethical behavior on a daily basis. Keep in mind that things that are not illegal may be unethical. Ethics are an individual belief system that consists of knowing what is right and wrong. Ethics can vary person to person. Ethics is in part analyzing decisions, beliefs, and actions. Ethics is not just talking about the right thing. It is doing what is right in every decision that is made. Social responsibility can be an example of ethical behavior. It is enhancing society in general. However, a business can’t afford to go around doing good deeds if there is no potential pay off. If the business were to loose too much money, then it would cease to exist, hurt customers, and leave employees jobless. There are some that argue that social responsibility is shown only when companies go beyond what is optional, and really intend to create a benefit for others besides the company.

1.1 Ethics in an Organizational Context

Although ethics are an individual phenomenon, ethical or unethical actions by particular managers do not occur in a vacuum. Indeed, they most often occur in an