University of X: Social Responsibility of Business AS1 Essay

This essay delves into the social responsibility of businesses, exploring the role of education in shaping corporate behavior and the impact of corporate scandals. It examines the importance of ethical standards and the adverse effects of unethical practices on business performance. The essay analyzes the roles of educational institutions in fostering positive corporate ethics, emphasizing the significance of corporate social responsibility in student academic life. It also discusses the Enron and Volkswagen scandals as case studies, highlighting the consequences of unethical conduct. Furthermore, the essay explores the concept of whistleblowing, its critical analysis, and its relevance in the business world, referencing ethical practice theories like the Carroll model. The essay concludes by emphasizing the importance of ethical conduct for businesses to achieve their objectives and maintain a positive corporate image, highlighting the need for ethical awareness in the business environment.

Social Responsibility of Business
AS1 - Substitute Essay/Reflection

Table of Contents
Part 1 ...............................................................................................................................................3
Introduction ...........................................................................................................................3
Main Body..............................................................................................................................3
Conclusion ...........................................................................................................................5
Part 2 ...............................................................................................................................................6
Introduction ...........................................................................................................................6
Main Body .............................................................................................................................6
Conclusion .............................................................................................................................8
Reflective piece .....................................................................................................................9
REFERENCES .............................................................................................................................11

Part 1
INTRODUCTION
The main purpose of this section is to understand the role of education on shaping the corporate
behaviour. Corporate scandals and frauds are the adverse part of business environment which
impact negatively on the business performance. It is identified that there are a number of
research scandals and frauds which impact the business organisation where there and
involvement of different individuals within the corporate scandals (Sroka and Szántó, 2018). It is
identified that it is essential for the organisation to make an appropriate functioning so that it can
maintain the functions according to the ethical standards and achieve the business objectives by
minimising the threat of corporate scandals. It is also identified that there are various business
practice area where organisation gets under the system of ethical frauds and unethical way of
conducting the business in order to earn the money within short period of time. Is identified from
the business process that it is essential for every business organisation to perform the function
effectively and manage this function according to the needs and requirements. It is also
necessary for a company to adopt different technological advancements that it can conduct its
business operation according to the requirement and make it essential for the firm so that the
company can analyse functioning in an effective way. A different kind of business factors which
are related to ethical and values of managing functions in an appropriate manner. This is also
concluded that organisation has two poses and ethical manner so that it can easily improve its
functioning and perform the business function according to the standards followed by the
organisation in order to enhance the business functioning and achieving the objectives.
Role of educational institution on shaping positive corporate ethics
It is analysed that effective teaching system is essential in order to shape the behaviour of
different individual and conduct the business practices and operation in an effective manner. This
is because education is an important part of every individual where individual poses different
courses within the university so that it can easily improve its functions and understand different
skills which are related to honesty and cooperation (Wigmore-Álvarez, Ruiz-Lozano and
Fernández-Fernández, 2020). It is also identified that there are different universities which used
to provide the ethical education to the students so that they can improve their functions as well as

perform at the climate at their business places for there are different countries such as Poland,
UK and various other where there are business ethics and corporate social responsibility issues
which are becoming popular in the current time within the community. This also impacted on the
academic education of different students where it is compulsory for the universities to provide
technical education in order to make good students for future career. This is helpful to the
organisation in increasing the knowledge of people about the need of ethics while conducting the
business operations for it is also identified the businessman is considering as a person who is
involved in the corporate community for managing and handling various professionals. As there
are different corporate scandals which have occurred it become a reason for the organisation to
improve its function and perform them in an appropriate manner (Advantage, 2020). Corporate
social responsibility is that part of student academic life which is important to be learnt so that
they can easily perform the functions by combining the business ethics to their study as well as
with future career fields. Is there a different kind of corporate scandals which are occurred in
several years because of low level of corporate social responsibilities and business ethics full star
this make it essential for the universities to implement the corporate social responsibility in
knowledge as well as courses related to business ethics in various content so that they can easily
maintain entrepreneur royal attitude between different individuals and help them in fulfilling the
requirements of business organisation in ethical manner (Hu, Zhang and Yan, 2020).
The roles of corporate ethics consist in different positions within the organisation which
are related to creation communication and performance enforcing the policies and codes of
conduct. It is identified that business ethics at an important part within the student life where
corporate social responsibility is are used in order to manage the key roles within the
management in order to provide benefits to the human resources for business development. This
is also needed by the investigator to compliance officer where they can easily ensure effective
coordination as well as working with cooperative environment within the organisation (Hu,
Zhang and Yan, 2020). In order to maintain the code of conduct within the organisation there are
a number of functions which are performed but different individuals. It is also identified that
students can easily and roll themselves from the business ethics so that they can manage to work
in an effective manner and perform the function according to the requirements. In accordance
with the today's education system it is identified that there are different kind of knowledge which
are required by the students in the business ethics so that they can fulfil the corporate social

responsibility is. It is also essential for the company to involve the business ethics within the
code of conduct so that it can improve its functions and perform business activities in an
effective manner. Today's education system is directly related to performance of students on their
graduation course. It is essential for the universities to include appropriate system which will
help in teaching the business ethics and corporate social responsibility. This is also identified that
there are several challenges which companies have to face in order to meet a conductive
requirement and perform business in an ethical manner (Ferrell and et. Al., 2019). Student should
gain the knowledge about the corporation responsibilities and business ethics which will help
them in conducting operations and providing quality services and better career opportunities in
their future career. In order to this it is identified from the given case study that Samantha ghosh
is a practitioner where she identified that there is lack of business ethics education system within
corporate scandals which leads to increase in corporate frauds and decrease the motivation of
ethical performance from the mind of students in their future career (Gupta and et.al., 2020).
There is different code of conduct which has to be used by the corporate organisation as
well as must be aware about it in order to improve the functioning and perform at equal
behaviour within the organisation. in context of this trust is the most important factor which
helped the business organisation in improving the working as of the transaction and improve the
ethical breach of trust within the organisation so that scandals can be stop full star Inn contact
context of us corporate scandals is identified that in a 2000 (Barnett, 2019).
While talking about big industries that normally trade in big operations such as generate
electric power, Oil and gas plants and aircrafts; corporate social responsibility (CSR) becomes
important concept for having good reputation in society. Identify the organisation is facing a big
issue which related to distinguish depths from field project which is also questionable as well as
directed toward the loopholes reporting. Under this but there is conduction of a big scandal
which mislead the investor and provide promises from the side of company. there was increase in
and around stock price by 300% and there with was a huge profit to the company this help the
company in earning 6 time more than its book value because of this fraud (Barnett, 2019). Due to
this news stock prices came down to one dollar Persia unaffected organisation in a manner where
organisation declared bankrupt and see its existing. This scandal impacted negatively on the
company where it makes it essential for every organisation to audit their accounts in an
appropriate manner (Carroll and Brown, 2018). This question is raised from the side of Arthur

Andersen audit organisation of Enron. Organisation also charged guilty under this act by
destroying the organisational reputation within the market and is the entire organisation because
of bankruptcy.
Corporate scandal of Volkswagen
Volkswagen is a leading brand with the car industry which is known for its quality
products and low prices at worldwide. Company was established under a good brand name and
use good quality material to improve its customer satisfaction in the name of better technology
first company got involved under the corporate scandal in the year 2015. This is regarding the
diesel Duke that work key and defeat device a software in diesel engine. This impacted on major
diesel car market in US which leads to downfall the sale of the organisation because of this
defect device. In order to maintain the position of the market as well as improving the brand
image within the market organisation used to investigate and conduct an appropriate research
where it found some irregularities within the test. This divide put into the vehicle so that can
maintain its function at safety modes which ran the unusual power to the engine of the car and
below the performance. This lead dissatisfaction among the customer and resulted in decline
profits of organisation because of improper sale (Martos-Pedrero, Cortés-García and Jiménez-
Castillo, 2019).
CONCLUSION
It can be concluded from the above mentioned information that there are a number of corporate
scandals which are related to lack of education and improper management of different individual
within the organisation this is essential for form to manage the function according to requirement
and perform this function so that organisation can achieve the business objectives and maintain
its corporate image by improving its functioning.
Part 2
Introduction
Whistle blowing can be considered as an effective term where a person who specifically
transmit the information in relation with any sort of wrongdoing that took place in a particular
instance or situation. Corruption, sexual harassment, and many more other elements that are
taking place in any sort of bad doings can be considered as some of the crucial examples of
wrongdoings (Pérez, del Mar García de los Salmones and Liu, 2019). A whistle-blower is said to

be a student pursuing any sort of course in a university or any other individual who transferred or
delivers the information to others about wrongdoing (Pérez, del Mar García de los Salmones and
Liu, 2019).
There are ample number of case that came in front where, students specifically delivered
information like unethical practices followed by or conducted by universities this could be
understood with a good example of a case of a company that is Enron, whose vice president
became a whistle-blower where he has given the information to public about unethical practices
conducted by the organisation where the audit was not done in a appropriate way (Pérez, del Mar
García de los Salmones and Liu, 2019).
A critical analysis of the concept of Whistleblowing
In present business world, it has been realised that there are ample number of theories that
are available for Ethical practices and whistleblowing and some of these are presented
underneath:
Caroll model of ethical practise
Corporate social responsibility pyramid can be defined as a crucial theory which helps in
understanding the reasons of why a company would required to consider social responsibilities.
Ethical, legal, philanthropic and economic are said to be the four crucial factors within this
pyramid that may help an organisation to understand the reasons of focusing on social
responsibilities. One of the crucial reasons why a company would require considering this model
of ethical practice is to maintain the productivity and profitability of the organisation. However,
there is a crucial need of understanding the foundation of particular pyramid because then only
sustainability of the organisation can be maintained or improvised all these factors of this
particular theory are presented underneath:
Economic responsibility is considered to be the primal factor for an organisation when it
comes to a form or conduct ethical practice where it is must for them to offer the best quality
based product based on the set price. In present time, and organisation consist of different range
of share holders where they expect high returns on the investments that has been done by them
(Pochtovyuk and et. Al., 2019).
The second crucial factor is Legal responsibility of this pyramid model where taking into
consideration of all the rules along with the regulations while conducting are performing all the
operations is necessary for a company. Failure into this may lead a company to go through

different range of problems like cancellation of the licence and so on (Pochtovyuk and et. Al.,
2019).
Ethical responsibility of organisation is to manage the normative expectations i.e.
regulations and laws. It is important for various companies to manage and conduct business in
ethical manner. It is the responsibility of organisations to embrace standards, activities and
practices so that there are no problems in running business.
Philanthropic responsibility is said to be the last factor of this particular model where
voluntary or discretionary activities performed by any organisation are specifically been taken
into consideration. Basically, it is considered as an effective element that helps in understanding
the society, where it is must for a company to understand that it is necessary to consider the
thoughts of individuals and groups and society performing any sort of task or activity with an
operations department because then only a company can sustain in the market for a longer period
of time (Pochtovyuk and et. Al., 2019).
Ackerman's (1976) three phase model
This is another crucial model of ethical practice which focuses on internal process
activities and elements like different policies like corporate social responsibility related activities
and so on. Basically, this model is carrying three different phases and these are presented
underneath:-
 First Stage-The top administration recognizes the social issues that are occurring in the
association as its obligation of top administration to give safe workplace to the
representatives working inside the association. This training establish an open an
effective climate where labourers don't hesitate to make some noise on their issues.
 Second stage: It's unrealistic for high level administration to investigate all the social
issues of the workers. Its significant for each association climate be little or huge to give
safe workplace to its representatives (Martos-Pedrero, Cortés-García and Jiménez-
Castillo, 2019).
 Third stage In this stage the techniques planned by the experts are consider by the high
level administration and after their endorsement it is actualized in the association to give
the open to workplace to the representatives.

Conclusion
With the help of above mentioned information, it can easily be said that whistleblowing
is said to be a crucial element that may break an organisation into pieces.Basically it empowers
individuals to have option to educate individuals about any sort regarding untrustworthy work on
occurring inside the organization. This is significant that when each representative working in
the organization are knowing about whistle blowing and they are dealing with their work in
successful way. In context of my own knowledge, I have realised that, whistleblowing consists
of different range of benefits while working in an organisation or studying as a student in
University.This could be understood with a good example where,discover offense and act against
it sooner. Also,the idea of whistle-blowing is special and it gives every single individual an open
door for revealing any worry or objection. In the event that there are any instances of exploitative
practices, at that point any individual who needs to document an objection can approach, Take
care of things inside, where if the informant is more grounded then insurance laws must be more
solid. Media has the position to uncover any sort of outrage inside business. Media or social
media aspects are permitted to take help of representatives working in the organization. Diminish
misfortunes when wrongdoing happens. An association is profited by whistle blowing as there
are critical misfortune reserve funds. There is a legitimate framework which is utilized for
dealing with the endured misfortunes.
Part 3
Reflective piece
At the time when I started taking lectures of business morals and corporate social
responsibilities within the college I have found this particular subject as one of the interesting
topics because this is something which is beyond business that are required to be e understood by
a business man while working with a number of employees in an ethical way. I have realised that
feel your into this particular approach, an organisation may directly get impacted negatively from
the different whistle-blowers that are present in today’s industry or market (Barnett, 2019).
While considering this subject, I become acquainted about the worth and significance of
corporate social responsibilities and ethical considerations that are required to be undertaken or
applied in the association. While taking talks of business morals, I have also gone through a
number of situations or the cases where I somehow found myself engaging within a range of
learning situations that demonstrate ethical considerations which was really very low or

diminished in the university. I have broken down that business morals must be followed while
directing various exercises and tasks. Also, it is seen that it will empower in dealing with the
adequacy of leading business appropriately in moral way. I have found out about various
hypotheses engaged with learning various exercises and undertakings of organizations
(Advantage, 2020)
While going to the meetings, I had the opportunity to find out about various methods of
overseeing business esteems and morals inside the organization. I have found out about different
hypotheses of whistle blowing, for example, Caroll's, Ackerman and many more other
hypothesis. It is seen that subsequent to going to these talks, I have assessed that there is need to
deal with the productivity of work inside associations in any case there are negative outcomes,
for example, insolvency, decreased exploitative direct at work environment. This is significant
for me to comprehend the focal points and drawbacks of whistle blowing. I discovered that
Whistleblowing is useful for dealing with the structure of trust among the brand. It is inferred
that whistle blowing is significant for distinguishing and examining the demonstration of
unfortunate behaviour. There is receptiveness to unethical or unfortunate behaviour which gives
clarification or exhibiting duty to moral principles inside the organization. There are a few
guidelines and approaches followed inside an association for dealing with the business exercises
morally. With the help of this, I might become able to become a successful individual in
upcoming situation where I might be opening up my own business or working as a successful
employee in an organisation because this is something that would help me in performing all the
operational activities or any sort of tasks in an ethical way (Sroka and Szántó, 2018).
Anyway for me, one advantage that is similarly significant is that the framework presents
dealing with every defence a lot more productive. It has an inherent cycle that me and my
partners all follow, so I realize that cases are taken care of delicately, reliably and accurately.
The framework is likewise consistent with every relevant law, for instance those identified with
information assurance and security. That gives me certainty that we handle things in a consistent
way. I can likewise dole out various administrators to react to various types of whistleblowing
reports from various gatherings.
Now and again reports come in through the whistleblowing framework, about something
that isn't right in the association according to the informant. However, it may not generally be a
whistleblowing case. Notwithstanding, it is obviously something that is imperative to the sender

of the report, something they are extremely troubled about, or questionable about, similar to a
moral situation, and they don't have the foggiest idea where to go.
I am diminished to such an extent that my organization has a protected whistleblowing
administration. That is to say, some of the time I see things going on, however I don't know they
are "off-base". At the point when the whistleblowing framework was presented we as a whole
gotten preparing in how to utilize it. Simultaneously we needed to re-read our organization set of
principles, and experience preparing on enemy of defilement and other offense. It was a great
idea to see how everything fits together and I additionally felt truly pleased that the organization
I work for has zero capacity to bear untrustworthy conduct.

REFERENCES
Books and Journals
Advantage, C., 2020. Corporate Social Responsibility. CSR and Socially Responsible Investing
Strategies in Transitioning and Emerging Economies, p.65.
Barnett, M.L., 2019. The business case for corporate social responsibility: A critique and an
indirect path forward. Business & Society, 58(1), pp.167-190.
Carroll, A.B. and Brown, J.A., 2018. Corporate social responsibility: A review of current
concepts, research, and issues. In Corporate social responsibility. Emerald Publishing
Limited.
Ferrell, O.C and et. al., 2019. Business ethics, corporate social responsibility, and brand
attitudes: An exploratory study. Journal of Business Research, 95, pp.491-501.
Gupta, A., Naved, M.M., Kumbhare, H., Bherwani, H., Das, D. and Labhsetwar, N., 2020.
Impact assessment of clean cookstove intervention in Gujarat, India: a potential case for
corporate social responsibility (CSR) funding. Environmental Science and Pollution
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Hu, B., Zhang, T. and Yan, S., 2020. How corporate social responsibility influences business
model innovation: The mediating role of organizational
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Wigmore-Álvarez, A., Ruiz-Lozano, M. and Fernández-Fernández, J.L., 2020. Management of
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