Describe in detail the organization-wide ethical issue

Assignment Help Business Management

Reference no: EM133590535

Homework: Ethics & Enterprise

Overview

Corporate Social Responsibility Policy - Striving for Excellence. Corporate Social Responsibility (CSR) is defined in several ways; however, our text highlights that from an ethical perspective CSR is used to "cultivate a broad view of their own self-interest while searching for ways to align that self-interest with the larger public good." There are many ethical dilemmas today that impact companies, such as harassment, discrimination, nepotism, and unequal pay, to name just a few. In this homework, we will look at CSR, what it involves, and how to create a corporate policy for a selected ethical dilemma. For example, if the chosen ethical dilemma is discrimination in the workplace, your paper should discuss how a policy could be created, communicated, and implemented to reduce or eliminate instances of discrimination as well as the consequences if discrimination were to occur after the policy was implemented. This exercise will help you to understand how CSR can be a force for good, not just in the company but in the larger arena of the public good, and how you can have a positive impact via the policy you create.

Preparation

To prepare for your homework, read the following:

Mayer, D., & O'Toole, J. (2010). Good business: Exercising effective and ethical leadership. Taylor & Francis.

Chapter 8, "Corporate Social Responsibility and Corporate Excellence," pages 94-106.

Instructions

For this homework, consider how a company's social responsibility can affect the workplace, stakeholders, clients, and other outside parties. In your paper, address these questions:

Question 1. How can a company's social responsibility policy complement its obligation to maximize profits for shareholders?

Question 2. How does the ethical issue itself affect employees, stakeholders, clients, and other outside parties, considering the specific company issue? What are the positive and negative outcomes?

Question 3. What ethical decision-making approaches would you incorporate into your policy? How would your policy solve the ethical issue?
Follow these steps to complete the homework. For all of these steps, make sure you provide examples and information from credible sources to support your writing and claims.

I. Step I: Analyze how corporate social responsibility policies can both complement and conflict with profit-maximizing goals.

Question 1. Explain how robust corporate social responsibility policies can enhance a company's reputation and public perception.

Question 2. Examine how having responsible corporate social responsibility policies support a company's sales and marketing efforts, and ultimately, the bottom line.

II. Step II: Assess how an organization-wide ethical dilemma impacts the organization internally and other outside parties.

Question 1. Describe, in detail, the organization-wide ethical issue.

Question 2. Describe these impacts and how they affect each category-employees, stakeholders, clients, and other outside parties.

Question 3. Explain how these different categories are inter-related and why an organization needs to address the ethical dilemma through corporate policy.

Question 4. Discuss the ramifications or outcomes that might occur if the ethical dilemma is addressed or not addressed.

III. Step III: Explain how a selected ethical approach is suitable to address the organization-wide issue.

Question 1. Describe, in detail, the selected ethical approach that you would incorporate into your policy.

Question 2. Connect the approach to the ethical issue and describe how the approach is suitable to address the issue with multiple stakeholders. Provide examples and possibly data from other organizations with similar ethical issues.

IV. Step IV: Create a corporate policy that can help resolve an ethical issue.

Question 1. Identify the essential parts of a corporate policy, then explain how these parts address the impacts from these perspectives: employees, stakeholders, clients, and outside parties.

Question 2. Create an actual corporate policy that addresses the ethical issue.

Reference no: EM133590535

Questions Cloud

What effect did the great depression have on nurses : What effect did the Great Depression have on nurses in general? How did it change the ability of nurses to do that which they had been prepared to do?

Identify one way that democracy changed after jackson : Identify one way that democracy changed after Jackson. How was this done? How does this impact America's government today? please cite and reference APA.

What you have heard before about the invasion of cortes : How does this picture compare to what you have heard before about the invasion of Cortes? Would an account from the Mexican point of view further inform

Describe three recent newsworthy events : Describe three recent newsworthy events and their effect on agency public perceptions. Recommend three ways to improve the budget for the next fiscal year.

Describe in detail the organization-wide ethical issue : Describe, in detail, the organization-wide ethical issue. Describe these impacts and how they affect each category-employees, stakeholders and clients.

What is the difference between gold and gilded : What is the Gilded Age? What is the difference between "gold" and "gilded" in this context? What are some key monuments or artworks representative of Gilded Age

How did the early republic legally debate ways of limiting : how did the early republic legally debate ways of limiting Native sovereignty in pursuit of expansion? Bring in the text, then explain and critique the approach

What would be the taxable capital gain based on the acb : By proceeding with the transfer to an inter-vivos trust, what would be the taxable capital gain based on the ACB and FMV figures provided.

What do you think prompted wehlen to decide that all : What do you think prompted Wehlen to decide that "all the brave words are rotten and we know we were fools to believe them?"

User Account

All Pages