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Business Ethics & Corporate Social Responsibility Essay

   

Added on  2021-02-19

6 Pages1363 Words50 Views
Context Of Business

Table of ContentsINTRODUCTION...........................................................................................................................1ESSAY ...........................................................................................................................................1CONCLUSION ............................................................................................................................3REFERENCES................................................................................................................................4

INTRODUCTIONBusiness ethics can be explained as study of business activities, decisions and situationsin which issues related to what is right and wrong is addresses respectively. Ethics are importantto carry out in an organization because it aid in satisfying human demands, honest and being fairwhich leads to create good image in the market. This essay is based on Jaguar cars which wasestablished by Jaguar Land Rover. It is British multinational car whose headquarter is inWhitley, Coventry, England. The motive of essay is to examine why ethics and corporate socialresponsibility is necessary for an business associates in order to handle sustainably, responsibleand behave ethically in relation to economic, environmental, social and cultural issues camecross in the society. Additionally, Corporate Social Responsibility on leadership in an firm atglobal environment will be involved in this essay (Askariazad and Babakhani, 2015). ESSAY Corporate Social Responsibility can be stated as voluntary activities which areundertaken by business associates in order to operate in social, environmental, cultural andeconomical sustainable manner. It is important to carry out CSR activities by business associatesso that community or societies living standards can be raised accordingly. By doing CorporateSocial activities Jaguar will be benefited to a large scale such as, better brand recognition,operational costs savings, better financial performance, easier access to capital etc. For JaguarCorporate social Responsibility is essential at global level so that more and more loyal andtrustworthy customers can be pulled towards the firm. Moreover, ethics in organization plays avital role in sustainability of an business associates in the cut throat competitive world (vom andSchmiedel, 2016). Ethics carried out in business aid organization in future growth of dealership andautomotive professionals in the competitive world. In order to bind loyal customers for longertime duration Jaguar ensures its consumers that the product which is offered to them are of bestquality and will be satisfying their emerging needs. The main reason behind their quality productis following of law and ethics as well as respecting human efforts and not forcing its employeesto work under inhumane conditions. By adopting global ethics principles in Jaguar it directly orindirectly ensures that manufacturing involved in the production of luxury sports cars in the cutthroat competitive world (Bell and Harley, 2018). 1

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