Social Responsibility of Business: Case Studies and Analysis Report

This report delves into the multifaceted concept of social responsibility in business, examining its ethical dimensions, practical applications, and impact on corporate behavior. The report begins by introducing the core principles of corporate social responsibility (CSR) and its significance in the contemporary business landscape, emphasizing the importance of ethical practices to prevent corporate scandals and maintain a company's reputation. It then explores the role of business schools in shaping students' understanding of CSR and its impact on their future careers. The report further analyzes the Carroll Model, discussing its implications for businesses and how it can be used to understand ethical practices. The report also touches on whistleblowing and the role it plays in maintaining ethical standards. It concludes with a reflective piece, summarizing the key arguments and findings. The report incorporates case studies, such as the Volkswagen scandal, to illustrate the real-world consequences of unethical behavior and the importance of CSR.

SOCIAL
RESPONSIBILITY OF
BUSINESS

Table of Contents
PART 1............................................................................................................................................1
INTRODUCTION ..........................................................................................................................1
BUSINESS SCHOOL AND CORPORATE SOCIAL RESPONSIBILITY...................................1
CONCLUSION................................................................................................................................3
PART 2............................................................................................................................................4
INTRODUCTION...........................................................................................................................4
CAROLL MODEL AND ETHICAL PRACTICES .......................................................................4
CONCLUSION................................................................................................................................6
PART 3............................................................................................................................................7
REFLECTIVE PIECE.....................................................................................................................7
REFERENCES................................................................................................................................9

PART 1
INTRODUCTION
Social responsibility refers to ethical practice that reflects within the business
organisation in a way of containing sensitive term. This term involves the more responsibilities
for business people to focus on society, economy and nation environment that helps in attaining
the goals and task effectively and proficiently. Corporate frauds and scandals are the major
issues that a companies can face(Advantage, 2020). These issues and frauds can impact the
operations and performance of the business enterprise in negative way due to this profit margins
are also affected. In this firm will highly focus on adopting the ethical practices so that standards
can be maintained and scandals and frauds can be minimised so that corporate firms can sustain
in the marketplace for a longer period of time. This report consider the Sumantra Ghoshal (2005)
argument that states that in business institute management students are taught the moral
responsibilities that helps in attaining the business and working place. This essay involves the
recent year corporate scandals that display due to bad education system. This involves bad
management theories that can negatively affect good management practice and reducing the
profit margin. In this business organisation can mainly emphasis on management studies of the
applicants at the time of hiring so that scandals and frauds can be removed and overall
performance can be enhanced (Koltsova Anna, A., 2018).
BUSINESS SCHOOL AND CORPORATE SOCIAL RESPONSIBILITY
This term is to be examine the effective teaching system that is very prominent for
building the behaviour of students related to enhancing their career within the corporate world. It
reflects that education is more important part for every type of business. In this a person can
indulge in several type of courses within the uni9versity for enhancing the activities and gaining
the several types of knowledge which is related to unity and honesty. IN this several universities
are to be included that offers the ethical education to students so that their future functions and
activities can be enhanced in the corporate world. Business at different countries such as Poland,
UK etc. that has their own ethics and CSR policies that helps in becoming famous within current
time and in the community. This standards and policies affect the academic knowledge due to
which business institute can highly focus on implementing the ethics and technical knowledge so
that operations of the business enterprise can be done successfully. This will develops the future
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of the students in professional career. It is very useful for organisation while conducting the
business operations so that handling the business enterprise can be done successfully. It includes
the several corporate scandals which can be reflected within the business industry for enhancing
and improving the overall functions and activities so that task can be attained appropriately. For
sustaining within the corporate world, corporate social responsibilities are the major part of the
student education for combining the ethics and standards within the future career field. There is
several kind of corporate scandals that can occur within several years because of poor corporate
social responsibilities and business ethics. In this several universities focus on offering the CSR
and business ethics so that they can gain the higher success in their business world and it also
useful to fulfils the needs of enterprise in the ethical terms(Ferrell and et. al., 2019).
In this the role of corporate ethics related to several aspects within business that are
related to developing communication and performance. It can be enforced to follow the codes of
conducts that helps in attaining the objectives to managing the several resources for developing
the organisation. In this investigator officer that highly focus on influencing the effective
communication so that collaborative environment can be maintained. For maintaining the code
of conduct within business several types of functions are to be performed by different individuals
so that profitable results can be gained. In this a person can involves in business ethics for
managing the work appropriately and as per the requirements. As per the today's education
system it represent the knowledge that is required by the students related to business ethics so
that social responsibility of the business enterprise can be fulfilled. For organisation it is
important to focus on business ethics including proper code of conduct that will enhance the
function and activities in effective way. Current education system is directly linked with the
performance of students and according to this graduation course are to be decided. In this
teachers can helped the students to taught the business ethics and corporate social responsibility.
It is significant for business management school to involves the system that supports ethics and
CSR. It is also included several challenges that companies has to face to meet the daily
requirement in ethical way. In this students can gain the knowledge to understand the ethics and
corporate social responsibilities so that their future professional career is to be succeed. This
helps in performing the operations so that quality of services are to be present that developed the
professional career of an individual person(Martos-Pedrero, Cortés-García and Jiménez-Castillo,
2019).
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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. There are several code of
conduct which is used by the business organisation for enhancing and improving the overall
business function and behaviour in the companies. In this trust and honesty is the major factor
that helps the company to enhance working transactions and ethical practices so that scandals
and frauds can be removed and also identified effectively. It is helpful to examine the issues that
an organisation can face that is highly questionable and directed as per the loopholes reporting. It
includes the major scandal that can mislead the company investor and promises by the
organisation point of view. As per the company scandal the stock price of firm i.e. 300% is to be
enhanced and because of this earning of the organisation is to be increased by 6 times more than
it book value. All because of this news it will negatively affect the stock price that comes down
and due to this organisation can face the negative brand image that will reflects as a bankruptcy.
This scandal can impact negatively on financial resources of business enterprise(Pochtovyuk and
et. al., 2019).
Volkswagen Corporate scandal
Volkswagen is one the famous brand in car industry that is known for delivering their
quality cars at reasonable cost within the globe. This organisation can operate with the leading
brand name that can enhance the customer satisfaction by adopting advanced technologies. In
2015 company trap under the major scandal regarding diesel duke that involved the defect device
in their software related to diesel engine. To maintain the position within market it will enhance
the brand image of the company. In this they can investigate and research the proper market in
which they can found some irregularities after testing. This will face into the vehicle that will
maintain the safety modes because of this power and engine of the car is reflected as below
performance. It will lead the disappointment in the customer that will reduce the profit margin
because of reducing the sale(Harrison and et. al., 2019).
CONCLUSION
This is to be concluded from the above mention analysis there are several types of
corporate scandals which is to be reflected because of low education within ethics and corporate
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social responsibilities and also the improper administration of an individual person within the
organisation. To remove the issues within the business organisation individual person get the
proper education and skills so that they can perform the task and objectives in effective manner
due to this overall functioning is to be enhanced.
PART 2
INTRODUCTION
Whistle-blower refers to a person that is usually an employee that can exposes the
information within private, public or government organisation that is reflected illegal, unsafe,
fraud etc. It is a prominent term in which a person is specifically transfer the information in
relation to any kind of wrongdoing that arise as a particular instance. In bad doing any sort of
fraud, corruption can be considered as a major examples of wrongdoing. In this a whistle blower
is represent within a student that can peruse any sort of module within the business school and
university where they can transfer the information to the other person related to the wrongdoing.
It involves the number of cases where students can delivered the unethical information that is
occur within the business school. It is effectively understood by an example that is based on
Enron whose vice president is belong to the whistle blower. In this a person can delivers the
information to the public in an unethical manner and practices that are doing by the business
enterprise due to which audits are not done properly(Wigmore-Álvarez, Ruiz-Lozano and
Fernández-Fernández, 2020).
Main body
In current business industry, it is to be reflected the several number of theories that area
available for understanding the ethical practices and whistleblowing in which some can be
elaborated below:
CAROLL MODEL AND ETHICAL PRACTICES
Corporate social responsibility Pyramid model
Corporate social responsibility pyramid is one of the leading theory that helps in
understanding the several facts related to why an organisation need to focus on social
responsibilities. In this ethical, legal, economic and philanthropic aspect is to be included that is
helpful to understand the social responsibilities that a company needs. In this the major crucial
reason that is considered within this theory is ethical practice that can maintain productivity and
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profitability of the business enterprise. However, it is very essential to understand the basic of
specific pyramid as it helps in developing the sustainability of the business enterprise by
improving the several factors of the theory that can be elaborated below:
ECONOMIC RESPOSNIBILITY refers to prime factor of the business enterprise because
it is related to the ethical practice. In this business firm can highly focus on offering the best
quality related to products within a reasonable price. In current times business enterprise includes
the various shareholders who expect the high returns on investments because they invest the high
amount within the organisation(Zhao, Zhang and Kwon, 2018).
The second factor is LEGAL RESPONSIBILITIES that is the major aspect of this pyramid
model. In this determinant business organisation can includes the rules and regulations that will
useful to conduct the operations and activities in effective and efficient manner within the firm.
If this aspect cannot be adopted by the companies that can face the issues like cancellation of
licence and many more.
Another aspect of this model is ETHICAL RESPONSIBILITY that is useful to organise
the normative expectations that is based on regulations and laws. It is very essential for the
companies to conduct and manage the organisation activities by considering the ethical practices
within this. This term is responsible for considering the standards, activities and practices so that
firm can be run effectively and smoothly.
Last factor of this model is PHILANTHROPIC RESPONSIBILITY where a person
includes the voluntary activities that is implement by the business enterprise so that taking
effective decisions can be done appropriately. It includes the effective element because it helps
the organisation to understand the several necessary knowledge and practice which is useful to
perform the task effectively and efficiently. This helps in gaining the higher profits and revenues
for a longer period of time.
In this when the issue related to whistle blowing taken place it is realised that business
enterprise is based on several concern and highly emphasis on sharing their information to the
another person for gaining the higher profits and revenues so that it will sustain for a longer
period of time. In this consideration several factors are to be discussed so that problems can be
removed negatively and profitable results can be gained(Carroll and Brown, 2018).
ACKERMAN'S THREEPHASE MODEL
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It is one of the another factor of ethical practice that focus on internal process of the
business which includes policies like corporate social responsibilities etc. This includes the three
stages which can be presented below:
 First stage- It is primary stage in which company identifies various social issues that can
occur different types of obligation for the top administration so that working place is to
be safe. It also develops the working environment of the organisation. In this training
includes the effective climate so that workers can get the skills and knowledge effectively
and share their issues without any hesitation.
 Second Stage- It is basically unrealistic for the top authority to examine the issues
related to social factors that an employees can be faced. It is very prominent for business
enterprise to provide the safe workplace to their workforce so that effectively results can
be enjoyed.
 Third Stage- It is the last stage of this model in which experts can plan techniques that is
useful for the company and high authority to maintain the good working environment
within the working place for the all workforce who are working within it(Popescu,
2018).
CONCLUSION
By above research on the essay it is concluded that whistleblowing is one of the major
element that impact negatively on the organisation because due to this firm will break into small
pieces. It mainly involves the several options for educating the persons related to any kind of
work that is not good for the individual and organisation itself. In this if every representative are
clearly understand the whistle blowing than they can dealing with the task for gaining successful
results. In relation to a person own knowdsge it is realised that whistle-blowing considered the
various range of advantage at the time of completing the studying within the university. It is
effectively understood by the particular example where offence can be discover that act very
sooner. The idea of whistle blowing is very prominent that gives the open door for revealing the
worry. In this several practices are to be included that is useful to document, taking care of things
, where insurance are to be grounded for gaining the profitable results. In this media has the high
power to uncover any sort of misunderstanding that are present within or outside the business.
An organisation is getting the high profitable result by whistle blowing as there are major
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misfortune conducted related to reserve funds. It includes the legitimate framework that helps in
dealing with the misfortunes.
PART 3
REFLECTIVE PIECE
During my module I started to take the lectures related to business morals and corporate
social responsibilities within the business school. At this time I can found the various types of
subjects in this business moral and ethics are the more interesting subject that helps in gaining
the essential knowledge related to several people and the other business organisation in terms of
ethical manner. In this I can feel enjoyment and lots of interesting things that can enhance my
skills and knowledge that directly impacted by the whistle blowers who present within the
business industry. While including in the subject I can gain the more knowledge related to
corporate social responsibilities, ethical considerations etc. that is useful to applied within the
organisation. In this by talking about the business morals, I can mainly emphasis on the number
of situation or cases that helps in engaging in the various learning situations so that knowledge
and understanding related to ethical terms can be increased and it will reduced the unethical
practices within the business organisation. In this I can majorly followed the business morals at
the time of conducting the several task and exercise so that it can done properly and effectively.
In this I can found the several hypothesis that is useful to exercise the undertaking of companies.
By doing the several meetings related to business, I can found the various opportunities that
helps in conducting and implementing the several methods which cannot oversee the business
esteem and morals within the business firm. In this I can also includes the several aspects of
whistle blowing for example corporate social responsibility, Carroll's models and Ackerman
model all these are reflected as a prominent term which is effective to gain the productive and
proficient results within the business that helps in gaining the long term survival. In case of
whistle blowers there are several negative outcomes can also be faced which will impact the
working environment. It is very vital for me to focus on the focal points and negativity of the
whistle blowing. In this I can discovered the whistleblowing that is useful to deal with the
structure so that trust and brand is to be maintained. It is reflected that whistle-blowing is very
prominent for analysing and examine the unethical behaviour that are present within the
company. It includes the several repetitiveness to analyse the unethical behaviour that helps in
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providing the proper calcification related to moral values and moral principles within the
working area. It involves the several guideline and approached which is adopted by the
organisation to excessive the business and their task ethically and moral. By taking the help of
this I can get the successful results related to future situation that helps in opening the new
business so that working can done successfully. Due to this all the operational activities within
the business enterprise can be done effectively and in ethical manner.
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REFERENCES
Books and Journals
Advantage, C., 2020. Corporate Social Responsibility. CSR and Socially Responsible Investing
Strategies in Transitioning and Emerging Economies, p.65.
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.
Harrison, D. E. and et. al., 2019. Corporate social responsibility and business ethics:
conceptualization, scale development and validation. Journal of Product & Brand
Management.
Koltsova Anna, A., 2018. Social Responsibility Of Business: Approaches And Preconditions.
Annals of marketing-mba, 1.
Martos-Pedrero, A., Cortés-García, F.J. and Jiménez-Castillo, D., 2019. The Relationship
between Social Responsibility and Business Performance: An Analysis of the Agri-
Food Sector of Southeast Spain. Sustainability, 11(22), p.6390.
Pochtovyuk, A and et. al., 2019. The formation and development of social responsibility of
business: Ukrainian experience in a context of decentralization. In SHS Web of
Conferences (Vol. 61, p. 01018). EDP Sciences.
Popescu, D. I., 2018. Social responsibility and business ethics: VII. Circular economy and the
role of corporate social marketing. Calitatea. 19(163). pp.118-121.
Wigmore-Álvarez, A., Ruiz-Lozano, M. and Fernández-Fernández, J.L., 2020. Management of
University Social Responsibility in business schools. An exploratory study. The
International Journal of Management Education, 18(2), p.100382.
Zhao, H., Zhang, F. and Kwon, J., 2018. Corporate social responsibility research in international
business journals: An author co-citation analysis. International Business Review. 27(2).
pp.389-400.
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