Ethics And Social Responsibility In Business

998 words - 4 pages


The Idea of Ethics and Social Responsibility in Business
For the purpose of this essay I’ve elected to discuss the responsibility of the employee in the work place, and their place in the corporate system. All four chapters we’ve read in the text so far have been filled to the brim with the three author’s ideas of what makes a business and its workforce ethically responsible, but the particular section in the first chapter regarding employee ethics caught my attention.
When a business begins to grow, if it turns a profit and remains successful, it will most likely need to take on employees so that it can cope with the growth its products demand (Nickels, et al). Everyone hired ...view middle of the document...

However they’re only focusing on people working in office jobs or the medical field. They have neglected to include people who work in entry level jobs for minimum wage.
In 2012, 1.6 million people worked for minimum wage in jobs that included no health benefits, no paid sick days, and no financial security ("Characteristics of Minimum Wage Workers: 2012”). These are some of the main reasons as to why working for someone else and not yourself can be so appealing. Teenagers and the majority of the age group known as “the Millennials” are still in these same entry-level positions today and don’t see much hope for that changing. These people normally end up being forced to hold down more than one job, which causes them to be over worked and under paid, and only increases the amount of jobs that are unavailable today. Also business owners have said they don’t want to have too many employees because they want to avoid becoming subject to Obamacare, not that they aren’t hiring because all of their current employees are so productive ("Want a Job? Good Luck Finding Full-time Work"). We’re basically doing everything we can to create and army of the working poor.
The problem with the three authors’ stance regarding the ethical behavior of employees is that it’s unrealistic and does not encompass all people. Also, they’re expecting ethical and positive behavior from people who, as you can see from my last two paragraphs, are not receiving ethical or positive treatment from their employers. It’s very difficult to discuss ethics in business in the first place due to the fact that America was founded on the principles of Capitalism and morality. These two concepts are often found to be a fundamental juxtaposition. Here I am in a secular class on business, and I get...

Other Essays Like Ethics and Social Responsibility in Business

Business And Social Responsibility Essay

1244 words - 5 pages .Therefore, it is necessary to focus on corporate strategies from the beginning and preplan the route to mediate the risks as much as possible. The social responsibility as a dynamic element of corporate strategy can make the corporate sustainable in its lifetime. In recent years we had couple of most challenging companies in their failure and success regarding social responsibility such as : BP, Northern Gateway and Bombardier . On one hand, BP has

Business Environment Corporate Social Responsibility Essay

573 words - 3 pages Business Environment Corporate Social Responsibility Innocent Smoothies Innocent Drinks was founded in 1999 as the brainchild of a group of students and its corporate strategy is based around the core values of corporate social responsibility (CSR). These values on a basic level are to produce a positive impact upon society in terms of the local area where the business is situated, including the residents of the area, the employees of the

Critically Analyse Whether Coporate Social Responsibility Is Benificial to Business and Society

3141 words - 13 pages . Corporate Social Responsibility (CSR) must be integrated into the business model in order for it to work successfully as it will be a centre point in decision making regarding most areas ranging from issues with waste disposal and what affect this has on the environment to deciding salaries of chief executives and whether they can justify the job they do requires their high pay levels. The objective of CSR is for a business to have a positive impact

Ethics in Business

4548 words - 19 pages concerned with what is right and what is wrong based on sometimes religious values, law, established practices, society and individual conscience. Ethics is based on unwritten rules that address fairness, responsibility, moral obligation and compassion. From the above, business ethics can be defined as “The application of a moral code of conduct to the strategic and operational management of a business.” (Define Business Ethics -Discussion and

Ethics in Business

2353 words - 10 pages . Corporate Responsibility and Financial Performance. London Quorum Books Reder, Alan. 1944. In Pursuit of Principle and Profit. New York: G.P. Putnams Sons Publishing Sawyer, George. 1979. Business and Society: Managing Corporate Social Impact. Boston Houghton Mifflin Publishing Schuyten, Peter. To Clone A Computer. New York Times February 4, 1979. Pg. 1 Velazquez, Manuel. 1992. Business Ethics: Concepts and Cases. New Jersey Prentice Hall Publishing

Ethics in Business Research

767 words - 4 pages Week 2 DQ 1 Ethics in Business Research Read the interview with Elizabeth Buchanan on virtual research ethics [Readings in virtual research: Issues and controversies. (2004, January-June).Information Technology Newsletter, 15(1), 22-25.].   You can find this article through the Ashford Online Library.   Write a summary of this interview and add your thoughts on how this affects the business research process.   Respond to at least two of

Business Ethics in Infosys

1353 words - 6 pages governance and morality in business he told the audience “We follow one principle – the softest pillow is a clear conscience”. Later, he was quoted on this many times by senior government ministers and business leaders - such was the impact of his communication of ethics and leadership. I cannot recall if at the same time he quoted Mahatma Gandhi who urged us to “be the change you want in the world” which is one of the great ethical exhortations of the

Ethics in Business

519 words - 3 pages ASSIGNMENT-1 Ethics in business research Ethics in Business Research Ethics are the values or standards which are required in the organisation so that members of the organisation can represent themselves correctly or appropriately in the organisation and, besides that it also determines their relationship with other people. There are certain norms and ethical codes that an organisation might opt for

Ethics in Business Casen

1986 words - 8 pages was spent for the advirtising in Malu were spent in vain the other problem which could be mentioned in there is that she will need to write a new marketing plat for “Gold” brank and she will need to spend more time and money resources and most likely she will experienced a huge difficulties. The main problem, which will exist in the second alternative, is a problem of Fiona’s morality and ethics understanding in a business vision. The

Business Ethics in Buddhism

4614 words - 19 pages Donald K. Swearer. Ethics, Wealth, and Salvation: A study in Buddhist Social Ethics, Univ of South Carolina Pr, (1993): 58-269 Field, Lloyd M. Business and the Buddha: Doing Well by Doing Good, Wisdom Publications, (2007): 147-222 Iwao Taka. Business Ethics: A Japanese View, Business Ethics Quarterly, Vol. 4, No. 1 (Jan., 1994), pp. 53-78 Yoshio Maruta. Business Ethics, Eastern Style, Journal of Business Ethics. , (Apr 2002) pp. 1571-1577

Business Law and Ethics

1089 words - 5 pages marks. In exchange for any, or all of these items the franchise agrees to follow the franchise guidelines, corporate bylaws, code of ethics, state, and federal laws. It is impossible for the franchisor to present in every establishment. Therefore, it is pertinent to have a well laid out franchise agreement. Business Taxation Issues Bug Be Gone, Inc franchises are setup as individual corporations, each corporation is liable to file federal

Related Papers

Ethics And Social Responsibility In Strategic Planning

1114 words - 5 pages Ethics and Social Responsibility in Strategic Planning MGT498 Dr. Matt Keogh Ethics and Social Responsibility in Strategic Planning Ethics and social responsibility are concepts used in business all the time when someone is trying to explain that business is not all the time about making a profit. Shareholders in business are a group of people that are directly affected by decisions that organizations make Wheelen and Hunger ask the

Social Responsibility And Managerial Ethics Essay

2081 words - 9 pages Chapter 5 Social responsibility and Managerial Ethics WHAT IS SOCIAL RESPONISBILITY? Two views of social responsibility The classical View * The classical View says that management’s only social responsibility is to maximize profits. * Management’s only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners of the corporation

Corporate Social Responsibility And Ethics Essay

2261 words - 10 pages . * External to the business. Internal pressures are the most important ones in driving change for organisation like Primark. The decision-makers in Primark ensure it works towards sustainability and its corporate social responsibility (CSR) stance and Primark has initiated a programme of activities which supports its corporate social responsibility (CSR) stance and ensures that its trading meets the company’s values and ethical standards. The HERproject

Ethics And Corporate Responsibility In The Workplace And The World

967 words - 4 pages . According to Train2gain (2006), “you should take an interest in your employees and engage in conversation on a daily basis”. If possible, call your employees by their first name when engaging them. Maslow’s hierarchy of needs theory best matches the first motivation. Specifically, the social and esteem needs. Involving the employees in the decision making process is the second way to motivate your minimum wage employees. Expectancy theory matches