Business Ethics

staff 1:
 
Key learning points include the global overview of the subject matter, Business Ethics and CSR:
 
Business Ethics
 
…Study of pipeline situations, activities and decisions where issues of right and wrong are addressed. (Crane and Matten, 2008:5)
 
Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a calling environment. ?(Wiki 2012)?
CSR
 
Corporate social responsibility is a form of corporate self-regulation integrated into a business model. CSR constitution functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.
 
The finale of CSR is to embrace responsibility for the companys actions and encourage a positive relate through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public field (Wiki 2012)
 
The social responsibility of business is to increase its profit (Friedman, 1970)
 
Stakeholders
 
The fight and the importance of stakeholders in terms of the legal and economic perspectives.




 
Stakeholder theories: Normative, descriptive and instrumental
Benefits of collaboration include Job creation, building local fundament etc
Issues include the intensity of resources, culture clashes and uncertainty of actions
 
History and CSR in Practice
CSR results in promotion, related marketing, CSM, socially responsible business practices.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Module 2:
 
Key learning points include the definition and coating of ethical theories.
 
Ethical theories and decision-making
 
Ethical problems: Situations concerning right and wrong where value are in conflict (Trevino &Nelson, 2007:3)
 
Traditional Normative theories: Non-Consequentialist theories centralise on duties and principles; Consequentialist...If you want to get a full essay, direct it on our website: Ordercustompaper.com



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