Business Ethical Practices

Running head: BUSINESS ETHICAL PRACTICES
BUSINESS ETHICAL PRACTICES
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1BUSINESS ETHICAL PRACTICES
Table of Contents
Task 1 –Assessment related to both views of CSR........................................................2
Introduction................................................................................................................2
Reflective analysis.....................................................................................................2
Conclusion..................................................................................................................4
Task 2 – Ways by which ethical theories can help in taking ethical decisions..............4
Introduction................................................................................................................4
Reflective analysis.....................................................................................................5
Conclusion..................................................................................................................6
References......................................................................................................................7

2BUSINESS ETHICAL PRACTICES
Task 1 –Assessment related to both views of CSR
Introduction
Corporate social responsibility is considered to be a concept related to management
which is related to the effective management of the responsibilities that modern organizations
have towards the society and community in which they operate. The previous researches that
have been conducted based on the activities related to CSR depict that it is an important part
of the effective operations of modern organizations. The CSR based activities have been
successful in paying off to the organizations in an effective manner. The organizations also
need to implement CSR within different operations in order to improve the operations and
manage the customers as well (Saxton et al., 2017).
Reflective analysis
Corporate social responsibility has been able to play a major role in the ways by
which organizations can develop their reputation in the industry of operations. CSR has been
defined as a responsibility which is fulfilled by the organizations in order to maintain the
levels of morality and ethics. The contribution which can be provided by the organization in
economic development is also considered to be a major factor that can affect its future and
sustainable operations as well. Corporate social responsibility has been divided into two
major views which are narrow view and broad view (Klimkiewicz & Oltra, 2017).
According to me, the two views are considered to be highly extreme in nature and
they differ from each other in a huge manner. Narrow view or classical view had been
implemented in the organizations previously which stated that they need to focus more on the
profits that are gained rather the responsibilities towards the society. The goals which are set
by the organizations are thereby based on the profitability of the organization in the industry.
The companies in this case carry on the business operations only for satisfying the demands