Business Ethics and Corporate Social Responsibility Essay...

Business ethics and corporate social responsibility have become an increasing area of focus for organizations today. However, this has not always been the case in the American business environment. Chapter three Conducting Business Ethically and Responsibly (R.W. Griffin R.J. Ebert, p.56 - p.87) concentrates on the development of ethical codes of conduct as it relates to business. The chapter also focuses on the social responsibility an organization holds in relation to everyday decision making. Ethics and social responsibility go hand in hand. Ethics affects individuals or groups within the workplace, whereas social responsibility refers to the overall route in which a company decides to balance its involvement with employees, stake†¦show more content†¦It has been working world wide to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue in handling work-related issues (ILO, 2008). In an attempt to comply wi th ILO standards, companies like GE are now joining organizations like the Business Leaders Initiative on Humans Rights (BLIHR) whos goal is to create practical ways of applying the aspirations of the Universal Declaration of Human Rights within a business context and to inspire other businesses to do likewise(BLIHR, 2008). Since American Civil War, business practices, attitudes and norms have evolved over time for the most part. The evolution has progressed from obstructionist, to defensive, to accommodative to the now increasingly accepted proactive stance. This change in approach to social responsibility is directly related to the change in American/World values and culture. Over this same period of time institutions like slavery, colonialism, segregation, sexism, child labor and other questionable and /or abusive business practices have fallen by the wayside. As civilization has positively evolved, so have ethical standards and attitudes toward social responsibility. The way in which businesses function does in fact depend on what the Socio-Economic Environment in which it exists wouldShow MoreRelatedBusiness Ethics And Corporate Social Responsibility Essay1382 Words   |  6 PagesSOLUTION Business Ethics Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions also apply to business. Acting in an ethical way involves distinguishing between â€Å"right† and â€Å"wrong† and then making the â€Å"right† choice. It is relatively easy to identify unethical business practices. For example, companies should not use child labor. They should not unlawfully use copyrighted materials and processes. They should not engageRead MoreCorporate Social Responsibility And Business Ethics8391 Words   |  34 Pages CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Final Project Report for Legal Aspects of Management Submitted To Prof. Dr. D.S. Sengar Professor, IIM Lucknow Submitted By Group 9 Abhinav Bansal, PGP31186 Chheda Adarsh Jayesh, PGP31199 Manideep Akarapu, PGP31213 Ritika Srivastava, PGP31226 Surbhi Aggarwal, PGP31239 â€Æ' Table of Contents Executive Summary 3 Acknowledgement 4 Business Ethics 5 Corporate Social Responsibilty 7 CSR Law 7 Crisis Management CSR 10 Read MoreBusiness Ethics and Corporate Social Responsibility756 Words   |  4 PagesBusiness Ethics and Corporate Social Responsibility April Duhon DeVry University The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? 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