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Ethical Principles and Corporate Social Responsibility

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Ethical Principles and Corporate Social Responsibility

Colorado Technical University

Ethical Principles and Corporate Social Responsibility
As a business, one of the most important attributes that will affect a business in every relationship is the act of practicing proper business ethics. As long as they are able to establish a responsible code of ethics and practice it regularly the chance of survival in the business world is greatly amplified. There are many relationships in every business, most people know of the common ones such as the relationships with customers, employees, and community, a few other just as important maybe even more so in some cases are suppliers, local government, advertisers, and service vendors. It only takes one lapse in judgment; one untimely, irresponsible act that goes against the code of ethics to totally lose the faith of the businesses customers, its suppliers, community, or any entity in the structure of the business that it is in a relationship with. Ethical principles contribute to good business operations because it is important to establish an ethical business image, and to keep all of the business’s relationships in good standing.
Strong relationships are imperative to a successful business. “There are those who see, those who see when shown, and those who cannot see” (DaVinci, n.d., as cited in Smith, K. V., 2013). (Smith, K. V., 2013) “Much like DaVinci, professionals working in corporate citizenship must be able to see well beyond the possibilities in plain sight today”. Looking into the future enables one to able to see what can happen if he loses track of his moral and values. Try to envision the problems one might have should he not have suppliers that trusted him to pay them on time, it could hamper his being able to supply what the customer the time that they need it. Customers want to foster...

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