As mentioned in the reading, The General Manufacturers’ widget manufacturing plant is located and operating in a Midwestern town name Pleasantville. As per the reading, all the town residents work in a company since the beginning of the company to current day. Company employment is the bread and butter for the people of the town. It is essential for the town people in order to earn money. As defined in the book, Stakeholders are people that affect or are affected by the verdicts, policies and actions of the organization. According to me, the employees and managers, the residents of the Pleasantville are true stakeholders of the company. The General Manufacturers was initially run by the town people, employees and it is running by the town people in present as well. The contribution of the town people in running the company is very important and that is why company owes them the job security. Since, company is the prime source of earning for the town people; it is company’s ethical responsibility to provide employees with the safety and security for their jobs.
According to me, the company’s decision hugely involves an ethical component. As described in the book, corporate social responsibility (CSR) is one of the very important essences of ethics. Corporates should perform and run in a way that improves society and its occupants and be held responsible for any of its activities that affects people, their community and their environment. It is organization’s moral responsibility to form a commitment to give back to the society and the stakeholders of the organization since they are fundamental reason company is running by and running for. Any commercial organization makes profit out of the customers, community. Hence, it is their prime responsibility to do well and give back to the community in return.
Ethics means the perception of morally right and wrong. According to me, in this case, the moral responsibility and role of the leader of The General...
Please join StudyMode to read the full document