Chapter 5 Social Responsibility and Ethics What is Social Responsibility?: Discuss what it means to be socially responsible and what factors influence that decision. Managers regularly face decisions that have a dimension of social responsibility in areas such as employee relations‚ philanthropy‚ pricing‚ resource conservation‚ product quality and safety‚ and doing business in countries that devalue human rights. From obligations to responsiveness to responsibility Social obligation: when
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EJBO Electronic Journal of Business Ethics and Organization Studies Vol. 12‚ No. 1 (2007) Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility Manuel Castelo Branco Lúcia Lima Rodrigues Introduction The present-day conception of corporate social responsibility (CSR) implies that companies voluntarily integrate social and environmental concerns in their operations and interaction with stakeholders. The European Commission defines it as “a concept whereby companies
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Corporate Responsibility (2) Stakeholder perspective Obesity and fast food Use the stakeholder analysis to look at the impact of fast food (eg MacDonald’s) on each stakeholder group. Should the sale/marketing of fast food be regulated/ restricted? If so why? If not‚ why not? Childhood obesity has been labeled one of the most serious public health issues if the 21st century. 42 million of the children under five years old are overweight all over the world‚ in
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SOCIAL RESPONSIBILITY MODES AND ROLES Social responsibility is an ethical ideology or theory that an entity‚ be it an organization or individual‚ has an obligation to act to benefit society at large. Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem. A trade-off always exists between economic development‚ in the material sense‚ and the welfare of the society and environment. Social responsibility means
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Introduction to Ethics & Social Responsibility (ADG1421J) Immigration means to move from one country to another to find a better way of life for yourself and for your family. Some come to work temporally‚ some are running away from their past and some come to work hard to take of their whole family. Coming from immigrant parents I can understand the struggles that they went thru to provide for the family and themselves. Growing up it was hard because people treated you differently if you were from another
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for the night shift‚ so that when the EPA tests their levels during the day‚ they are normal. The second option given to George as an ultimatum by his boss is to move the plant 15 miles south to Mexico to avoid EPA emissions restrictions and fines. Below is a Stakeholder Analysis of each of the two possible decisions. Stakeholder Analysis Stakeholders Schedule Heavy Work at Night Move Plant to Mexico Stockholders + -- Employee’s at Hondo Plant + --- Customers + - Community of Hondo - --- George
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A Role of Ethics and Social Responsibilities in Management. Ethics can be defined as a process of evaluating actions according to moral principal of values(A.Alhemoud). Throughout the centuries people were trying to choose between profit and moral. Perhaps‚ some of them obtain both‚ but every time it could have roused ethical issues. Those issues concern fairness‚ justice‚ rightness or wrongness; as a result it can only be resolved according to ethical standards. Setting the ethical standards
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Wiley & Sons‚ Inc. The purchaser may make back-up copies for his/her owner use only and not for distribution or resale. The Publisher assumes no responsibility for errors‚ omissions‚ or damages‚ cause by the use of these programs or from the use of the information contained herein. Chapter 4Ethical Behavior and Social Responsibility : Schermerhorn - Chapter 4 3 Chapter 4Ethical Behavior and Social Responsibility Planning Ahead What is ethical behavior? How do ethical dilemmas complicate the workplace
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Madoff: Greed over Ethics? Bernard Lawrence Madoff is a former American stockbroker‚ investment advisor and financier that surprised the world of finance when it was uncovered that he had been operating the largest Ponzi scheme in history for near two decades. The fraud worth approximately 65 billion dollars ruined the lives of many who had trusted Madoff with their money and admired him as successful‚ charismatic‚ smart and exceptionally good at his job. Some even considered him as a hero‚ including
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TABLE OF CONTENTS Social Media; Professional Ethics and Responsibilities .................................................................................................. 3 References ......................................................................................................................................................................................... 4 Appendix A – Survey Questions ...........................................................................................
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