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Business Ethics and Corporate Social Responsibility

   

Added on  2020-03-02

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Running Head: GROUP BASED ASSIGNMENTEthics in Organizations and CorporateSocial ResponsibilitySubject Code- HRM213eTrimester No.- Student’s name- Word Count -500 Name of the tutor -
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GROUP BASED ASSIGNMENTP a g e | 2Question 1a.The actions which we take has its effect not only upon us but also around us. Similarly, in the professional environment, our professional decisions are based somewhere on ethics. If ethics plays a major role in our personal lives, it equally impacts our professionallife with an immense intensity. As a group, we do consider ethics as an important topic to discuss in business organizations. Today, business ethics is quite crucial and that they are now a part of management discipline. It is the need of the business which has demanded the governance of ethics in business organizations. For example, in order to have a more strong and positive image in front of the public, the concept of public relations was found out. It is one of the extensions ofethics [ CITATION Quend \l 16393 ]. In this period of diversification and globalization, an organization cannot survive merely on the basis of financial strength. Non- financial factors like ethics, governance, corporate social responsibility plays a major role in the going concern of a business. Based on human rationality, various ethical theories have been developed. For example, Kantianism theory focuses on the ideology behind the actions rather on the end result of actions. For example, providing edibles at the best price will increase the profitability but the raw material of such edibles should not be compromised. The focus here is on the actions taken in the preparation of the edibles and not just the profitability. The motivation behind the right principles helps us to work in an ethical way [ CITATION Mcn17 \l 16393 ]. Question 1c.
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