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Ethics and Social Responsibility Paper

In: Business and Management

Submitted By chris30
Words 488
Pages 2
Ethics and Social Responsibility Paper

Chris D Alexander
MGT/498

The purpose of ethical social responsibility for an organization is based on the respect that is shown to clients, customers, partners, and the public. Disregarding many of the literal obligations on paper, a certain ethical nature is expected from employee to client, employee to consumers,and shareholder to employee. Research has shown that most organizations proves how each company would take pro-active measures to ensure that the companies ethics are followed to a certain extent in order to avoid internal and/or external conflicts. Strategic management becomes extremely critical for companies when evaluating potential ethical concerns. Expectations of ethics and social responsibility are the same in the majority of organizations, but the actions are not always existent in the workplace. This paper will discuss the ethics and social responsibility that are required in the strategic planning of the stakeholders and the management.

Ethics is often referred to as a method of principal’s and rules that are applied to achieve and maintain a good society. The myth amongst many is that ethics is based on a measurement of religious value which is not true. Unethical crimes have occurred primarily in the midst of banking and finance businesses. There is a plethora of unethical practices in organizations which include corruption, morality, white-collar crime, and inside trading. Each are important topics and concerns for organizations that are planning to promote ethical and social responsibility.

Social responsibility related to the stockholders responsibility of enforcing the value of ethics in an organization along with a creative culture; however, assurance that each employee will follow through with the standards of ethics cannot be guaranteed. When looking at the different

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