Corporate Responsibility and Marketing Strategies Contemporary Business/508 January 28‚ 2014 Dr. Allen Beck Apple corporation bases its success on “creating innovative‚ high quality products and services and on demonstrating integrity in every business interaction.” According to Apple‚ four main principles contribute to integrity: honesty‚ respect‚ confidentiality‚ and compliance. To more thoroughly detail these principles‚ Apple has drafted a code of business conduct
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What Does Corporate Social Responsibility Mean? Corporate initiative to assess and take responsibility for the company ’s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups. Corporate social responsibility may also be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the
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in business and professions in general and in Jamaica in particular. Through a review of appropriate available literature‚ we excerpted some definitions of ethics‚ business Ethics‚ code of ethics and social responsibility. Definitions of ethics There is normally some challenge when trying to define what is morally right or wrong as morals and values generally differ based on the individual’s
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Ethics and Social Responsibility History In a business sense ethics emerged in the 1970s but social responsibility actually emerged in the 1950s when organizations began believing that they should be operating in a way that would increase the benefits and reduce or eliminate harms caused by their operations (Perks‚ 2011). In light of the recent ethical scandals of organizations such as Enron this has really become a vital part of organizations. Further‚ over the last 60 years businesses have
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Assignment 1: Corporate Responsibility and Marketing Strategies Student: College Guy Professor: Dr. Neil Mathur Course: BUS 508 – Contemporary Business University: Strayer University Date: January 26‚ 2014 Assignment 1: Corporate Responsibility and Marketing Strategies Question 1: I believe Apple Inc. [mostly referred as “Apple” in this document] has met the ethical and social responsibility towards general public‚ employees‚ customers and shareholders/investors
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Law‚ Ethics & Corporate. Governance Corporate Governance and Ethical Responsibility 16 May 2013 In submitting this paper I will show the stake holders Dr. DoRight (described latter in this paper as just the Doctor) has to interact with on a daily basis as the President of the “Universal Human Care Hospital.” I will also compare and contrast the conflicts of interest that could surface among internal and external stakeholders
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Rethinking the Social Responsibility of Business By Thomas Malthus (See note at the bottom of the page) Thirty-five years ago‚ Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits." Friedman had no patience for capitalists who claimed that "business is not concerned ’merely’ with profit but also with promoting desirable ’social’ ends; that business has a ’social conscience’
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keep the company in line with the latest changes in the industry. Therefore‚ this paper will discuss how legal issues‚ ethics and corporate social responsibility impact management planning at (My company). Legal Issues Business plans optimize growth and development according to the plans and priorities set forth by management; therefore; guidelines for securing corporate monetary and legal security are applied during the planning process that determine an organization ’s success. Legal issues which
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principles like justice‚ fairness‚ equality‚ or authority. Ethic of care is based on a sense of responsibility to reduce actual harm or suffering. Setting Corporate Ethical Standards Compliance-based ethic codes Ethical standards that emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers. Integrity-based ethic codes Ethical standards that define the organization’s guiding values‚ create an environment that supports ethically sound behavior‚
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Respondents Agree CHAPTER 1 Social Responsibility Framework • U.S. corporations should have more than one purpose. They also owe something to their workers and the communities in which they operate‚ and they should sometimes sacrifice some profit for the sake of making things better for their workers and communities. Source: "How Business Rates: By the Numbers‚ Business Week‚ Sept. 11‚ 2000‚ pp. 148-149. Social Responsibility Defined • Social responsibility What do you believe organizations
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