Reference no: EM133433275
Case Study: Barney Duckworth asked you to work on resolving an issue at a subsidiaryNowadays, profit-oriented businesses should be considerate of all stakeholders rather than simply concentrating on profit maximization. Corporate Social Responsibility is a cornerstone of modern businesses. Companies cannot ignore CSR, which forces them to complete all work according to relevant and accepted business ethics and within the scope of corporate responsibility is crucial. This week you will analyze a situation and comment on whether the business is adhering to the Corporate Social Responsibility principles.ORE group has a manufacturing plant in Sparta, ON. Sparta, ON community, is highly dependent on the ORE group manufacturing plant since 70% of its residents are employed by the ORE group. ORE group has a good reputation in the community, and everybody buys their products in the community.Last year ORE group faced intense competition from foreign manufacturers; the competition affected the Company's botXu line. At the shareholders, annual general meeting, the board of directors was questioned, and dissatisfied shareholders raised their concerns about the profitability issue. The board of directors agreed to take proactive steps to increase profits and improve its financial position.Shortly after the annual general meeting, the Company started shedding local assets and moving manufacturing operations abroad. The Company also closed its manufacturing facilities in Sparta, ON, which caused significant economic damage to the local community. The local community was forced to foreclose homes and move away from Sparta, ON. Sparta, ON, citizens are attracting journalists to show the damage that the Company caused.You oversee ORE group corporate social responsibility. You receive a report on the situation, and you decide to do the following:
- Assess the ethical issues in this case.
- Assess the corporate social responsibility issues in this case.
- Suggest HR practices and policies comply with statutory and regulatory requirements
- Write and deliver fair and ethical HR policies.
- (Note: the plant in Sparta, ON, accounted for 0.7% of the Company's total costs)
Question1:Identify and assess the ethical issues?
Question 2:Identify and assess the corporate social responsibility issues?
Question3:Identify the relevant HR practices and policies to comply with statutory and regulatory requirements?
Question4:Write and deliver fair and ethical HR policies.