Ethics Paper Instructor: Due Date: 08/25/2014
Ethics Paper For all businesses ethical and social responsibility is of paramount importance with regard to customers, partners, clients and the general public. Ethics and social responsibility are more then just what is agreed to and written on paper; there is a great need for businesses to display a ethical nature in all their dealings such as company shareholders to employees, employees to consumers, employees to other employees, and employees to clients. For the majority of companies in today’s business world great many proactive measures are taken to train employees and ensure the maintenance of the companies ethical practices. The time and money spent of maintaining those practices helps to reduce and avoid any internal or external conflicts or issues that might arise. Another critical piece of the puzzle for dealing with ethical concerns is the component of strategic management. The overall goals and expectations for ethics and social responsibility are very similar throughout all companies, the differences occur with how each company take action to address any issues in or out of the work place. This paper will cover businesses ethical and social responsibilities in addition to the strategic planning that is involved with regard to stakeholders and the businesses management In the dictionary ethics is described as, “moral principles that govern a person's or group's behavior, the moral correctness of specified conduct, and the branch of knowledge that deals with moral principles” (Dictionary.com, 2014). Other words/ terms that are generally used when discussing ethics are value system, standards, ideals, and values along with many others. One important thing that people sometimes state is that ethics are the derived from religious