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Corporate Social Responsibility And Ethics Essay Examples

Essay on Corporate Social Responsibility And Ethics

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Professional Ethics Questions and Answers

1. How do relative ethics compare to universal ethical standards? Should ethics ever be relative? Provide a rationale for your response. Ethics are a set of beliefs about right and wrong, good and bad. Universal ethical standards are norms that apply to all people across a broad spectrum. These six core values being trustworthiness, respect, responsibility, fairness, caring, and citizenship. Ethics should never be relative because their ethical standards shift depending on the situation and how it relates to them.…...

Views Against Neoclassical Corporate Social Responsibility And Ethics

INTRODUCTION Corporate Social Responsibility (CSR), defined as “the broad array of strategies and operating practices that a company develops in its effects to deal with and create relationships with it numerous stakeholders and the natural environment” (Waddock, 2004). Globalization and liberalization has reinforced with the introduction of corporate social responsibility, Developing countries need to focus more about the corporate social responsibility planning and implementation process (Kiran and Sharma, 2011). Corporate social responsibility is one of the most important issues and…...

Kodak vs Fujifilm Company

I began writing to show how business can quickly go out of business if the owners do not keep an eye on its public. Kodak failed to meet its customer’s needs, so the company could not keep up with demands. Have you ever gone shopping and found yourself searching for an item you have seen advertised in another store, only to be told that the item was out of stock or this store does not carry that product. This is…...

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Going For The Look

Going for the Look Times continue to change and today people tend to judge a person on how they look. Companies are becoming more competitive and are looking for ways to attract customers. More retailers and companies are using the approach to hire based on appearance rather than work capability. Hiring should be based on work ethic, rather than appearance which can be discriminating. Companies all over the United States are denying people employment based on their physical appearance. In…...

Nike’s CSR Challenge

It can be seen from the passage that Nike’s Asian factories audited hundreds of factories in 2003 and 2004 and found cases of abusive treatment in more than a quarter of its South Asian plants. And in 2005 Nike returned to report its social and environmental practices. It said that staffs and employees work in a poor environment. Between 25% to 50% of its employees and staff in the region restrict access to toilets and drinking water during the workday.…...

CSR Issue of Burger King Fast Food Restaurants

Burger King Worldwide is a Delaware corporation that franchises and operates fast food hamburger restaurants, principally under the Burger King® brand (also referred to as the "Brand"). Since the company’s founding as a single restaurant in Miami, Florida in 1954, we have grown to become the world´s second largest fast food hamburger restaurant, or FFHR, chain as measured by the total number of restaurants. The board of BK sets the “tone at the top” by promoting an ethical culture that…...

Mattel Corporation's Toys' Recall

Toys made with lead-based paint are toxic and dangerous for children. A massive Mattel toy recall ignited in 2007 due to product containing lead-based paint. “As the lead oxidizes, it has a sweet taste. As a result, children find the taste of paint chips appealing and become poisoned when they swallow them”( Miller, 1998, pg.31). Lead poisoning can occur if the lead content levels are high in the blood. This is extremely harmful to children and must be addresses and…...

ABC Corporation's Guidelines For Ethical Corporate Communications

ABC Corporation takes pride in being an ethical workplace both for the wellbeing of our company and our audiences. In an attempt to improve its policy on company ethics, ABC has set forth a new set of ethical guidelines for interpersonal communication on the workforce. It is crucial, that as a whole, we avoid ethical pitfalls in corporate communication for it can substantially degrade our working environment and neglect the company’s interests. Unethical Communication As an employee, it is extremely…...

 The Separate Entity Doctrine

“It is a basic doctrine of company law: that for certain purposes a company is a legal entity separate from the legal persons who became associated for its formation or who are now its members and directors. For certain purposes, there is a corporate screen around the members and directors. This is often referred as to the ‘Veil of Incorporation.’ The authority for that proposition is the leading case of Salomon v Salomon & Co Ltd [1897] AC 22. The…...

A New CSR Strategy at New Balance Company

Introduction New Balance is a large company specialized in manufacturing footwear products at a global level. The case study reveals that New Balance is currently committed to formulating an integrated Cooperate Social Responsibility (CSR), which will enable it to place itself in a good position in a highly competitive market (Veleva, 2010). In 2009, the company was still struggling to build a CSR, which would create a reputable name for its products in the global market. However, as Veleva (2010)…...

The IRAC method

The IRAC method is an instructional tool that can aid students in the comprehension and evaluation of information so that they can make informed value decisions. It is an acronym for Issue, Rule, Analysis, and Conclusion. By using the IRAC method it will help individuals obtain a process for analyzing a case study. This building block method, which starts with smaller material, will develop understanding relationships. That will enhance the immediate application of learning by translating theory into practice to…...

Psychological Egoism and Ethical Egoism

Human beings put so much value on other people's interests. They find that if they satisfy their hunger for helping others, they (in turn) will have satisfaction for themselves. This was shown in Mother Teresa's giving to others without taking anything back. However, as with everything else, there are exceptions. I know many people (i.e. car salesman ha-ha) that have only their interests in mind when they are taking action. This brings us to the discussion of the difference between…...

Social and Ethical Issues at Nike

Nike has become one of those global companies targeted by a broad range of campaigning pressure groups and journalists as a symbolic representation of the business in society. In Nike's case, the issues are those of human rights and conditions for workers in factories in developing countries. In the face of constant accusations, Nike has developed a considered response but the criticism of Nike still continues. Nike produces footwear, clothing, equipment and accessory products for the sports and athletic market.…...

Corporate Social Responsibility And Ethics Timberland

Under New Ownership I would identify Forest's workout of its corporate power in society as "Business Social Obligation". Forest is being socially accountable towards society and is acting in a way that enhances society. By exercising its power, Timberland is practicing the "iron law of duty" which says that in the long run, those who do not use power in methods that society thinks about accountable will tend to lose it. Timberland is utilizing its impact properly through charitable offering;…...

Hilton Hotels Marketing Strategy

Hilton around the world is a major player in the hospitality industry worldwide, crossing the hotel area from lush full-benefit lodgings and resorts to suites and mid valued inns. Its brand names factor to consider contained its more than 3,300 accommodations in 77 nations and incorporate Waldorf Astoria inns and resorts, Conrad accommodations and resorts, Hilton twofold tree, Embassy suite accommodations, Hilton enclosure Inn, Hampton Inn and suites, Homewood suites by Hilton and Hilton Grand excursions. This inn is fundamental…...

Hewlett Packard Spying Scandal

Corporate misconduct, (or people’s misconduct so to speak) is an issue that has been dominating headline news in the American business world in recent years. Theodore Roosevelt, one time U.S. president was probably right when he said, “To educate a person in mind but not in morals is to educate a menace to society” (Platt, 1989). The American society has continued to suffer from corporate scandals, despite the fact that people are now better educated because behind each scandal and…...

Corporate Social Responsibilty And Ethics Today

In the world today, Corporate Social Responsibility (CSR) has become one of the most essential aspects adapted by governments and companies. The concept of CSR normally relates to the firm’s decisions in which would help out towards the company’s growth as well as improving the development of having a better society. The reason CSR has become very important for firms today is to counteract the growing public skepticism caused by corporate wrongdoings (Birth et al. , 2008). CSR is defined…...

The Ethical Dilemma of McDonald’s Company

McDonald’s currently faces a crisis, as parents, who objected to the free toys offered with the McDonald’s Happy Meal, sued the company. San Francisco passed a law banning free toys with food. In this paper, I will address how a corporation responds to a law, which challenges the organization’s current policies. I will also assess McDonald’s ethical dilemma of the balancing corporate concerns and community concerns, and I will argue they can still provide toys with their food if they…...

Fololio Mulagia

In May of 2011 a Samoan schoolteacher by the name of Folole Muliaga was sent home from a New Zealand hospital suffering from a terminal illness called cardiomyopathy. Because, doctors believed she did not have much longer to live she was sent home with two oxygen tanks to help aid her with her illness. McNaughton (2006) states that on May 29 a contractor for Vircom EMS was sent by Mercury Energy to the Muliaga’s home to disconnect the electricity supply.…...

Ethical Issues and Business Ethics

Researchers found that 10 percent of employees at all levels report feeling pressured to compromise ethical standards in the workplace (Managing Business Ethics by Trevino and Nelson 2007). Ethical issues are faced by every industry in the business world as well as communities, public and private organizations and individuals. Leadership, internal practices, and training may impact the proper implementation of business ethics. Halliburton is one of the many large corporations involved in unethical business practices. This paper examines ethical issues…...

Corporate Reputation and Social Responsibility of a Company

The respondents also recognize the internet as the best avenue for making one’s corporate social responsibility known to the public. Ninety five percent of the respondents (95%) believe that the internet is the best avenue for making one’s corporate responsibility known whilst only five percent believe that there are other communication strategies that could be used in making one’s corporate social responsibility known. Although the respondents’ answer vary when asked why corporate social responsibility is important, they all believe in…...

Corporate Social Responsibility and Ethics of the Company

Corporate Social Responsibility Corporate social responsibility refers to the non-profit making investments that a business organization engages in as a way of giving back to the community that hosts that particular business organization. CSR has been viewed by some people as the effort made by business organizations to realize a balance between the social, political and economic business forces without failing to fulfill the needs of the various stakeholders attached to the business who include customers, shareholders, employees, the government,…...

Report on Pfizer’s Corporate Social Responsibility And Ethics

Pfizer is one of the world’s largest research-based biopharmaceutical companies. In case of revenues according to the annual reports Pfizer stands second for two consecutive years 2009-2010 lead by Johnson and Johnson (see Appendix- 1 for complete table for 2008, 2009 and 2010) leaving behind companies like GlaxoSmithKline, UK and Novartis, Switzerland. Pfizer was founded by two cousins Charles Pfizer and Charles Erhart in 1849, at Brooklyn, New York. It has its headquarters in New York City. Its first achievement…...

International Operational Policy

In the corporate social responsibility (CSR), ExxonMobil can be termed as on the companies that seemingly take a slow pace and may not be aggressively on the forefront. As Werther and Chandler reveal, “A corporate social responsibility (CSR) related failure that might inflict limited harm on a firm relying on a broad, cost-based strategy, could prove significantly damaging to one reliant on a strategy of focused differentiation (66). In the petroleum industry, consumers have less sensitivity to differentiation and do…...

Socially Responsible Finance and Investing

Definition Socially Responsible Investment (SRI) is an investment strategy that brings out a positive change by considering both financial return and social or environmental good. Socially Responsible Investment (SRI) also known as sustainable investing and responsible investing and impact investing which creates a huge impact in society through investment. One of the common reasons for socially responsible investment is to ignore investment in businesses that involved in alcohol, gambling, tobacco, fast food, pornography, weapons and etc. and finding out companies…...

Corporate Social Responsibility: Local Versus Global

Environmental issues are a matter of concern in today’s world and the Corporate decisions have a very huge impact on the environment from the local as well as global perspective. There are so many companies that impacted the environment in one way or another. For example: McDonald’s: McDonald’s makes efforts to reduce its impact on deforestation and carbon emission so that global warming will reduce. McDonald’s also promise not to buy soya grown in the Amazon rainforest. Deforestation for soy…...

Adidas: Ethics and Social Responsibility

Adidas is a goods manufacturing company. It manufactures goods related to sports. It was discovered by Adolf Dassler in 1948. Adolf Dassler initiated its work by producing his own shoe and it was produced in his mother’s kitchen in Herzogenaurach, Bavaria after world war 1. His brother Rudolf was also interested in manufacturing work, so he joined Adolf Dassler in July 1924. They named their company by Dassler Brother Shoe Factory. But Adolf was not happy by this name and…...

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