The concepts of social responsibility and ethics are the main focuses that have been currently debated by many scholars. This is important in the sense that various corporations are currently being held accountable and responsible for their actions on the society. They are also compelled to account for the responsibility on their members, concerning the established codes of ethics.
The chapter discusses the views of the corporate stakeholders on the corporation’s social arrangements. Under the analysis, the concept of the social corporate views and ethics regarding strategies and approaches, which can be explored in addressing some of the organizational problems and issues, have been given some in-depth analysis. In addition, the chapter recommends the development of some of the sound responsible strategies, which can facilitate proper management of the organizations. The chapter also addresses the concept of business ethics, which can be approached from various divergent views.
Moreover, under the concept of the organizational ethics, several ways can be widely explored. In essence, these values on ethics are very important since they help in understanding appropriate roles to be inculcated in the sound and proper management of organizations. These are very crucial because they help in shaping the individual’s behavior in the society. Under this topic, several approaches that would help in addressing some of the problems or even issues on ethics have been explored in this discussion. Finally, the chapter explores on some of the ways, which can be adopted in encouraging as well as supporting ethics and proper codes of conduct in any corporate venture. Therefore, the managers have the task of making sure that the established codes of ethics are properly followed.
This part of the discussion provides some critical analysis on the approaches taken by people who are in the business world regarding their reactions on ethics. Indeed, the people in the business world honor the practice of ethics in the proper management of their operational ventures. Though, most of these people often embrace ethical practices, it is also important to realize that there are some exceptional cases.
These cases have been witnessed with the rogue businessmen who do not care about the practice of ethical behaviors. For instance, it is possible to find a manager who sexually harasses an employee of the organization. Such cases are rampant among the male employees who tend to engage their female subjects into sexual relationships. This can be in the form of the use of explicit language that has some sexual connotations.
They might even go to the extent of spanking their female subjects. Other unethical behaviors that have been witnessed among the people in the business are insider trading, theft and fraud cases. Such unethical practices derail the success and growth of the organization. Therefore, it is important to instill and embrace sound ethics and proper codes of conduct among the people in business.
It can be argued that the people in the business care about the concept of social responsibility, to some extent. This has been witnessed in situations when the people in business donate some items to homes for the destitute and physical challenged persons.
Besides, these groups of people can as well donate funds towards drilling boreholes towards the benefit of the community members. Some corporate policies have sound procedures and methods on carrying out such projects as part of the organization’s social responsibility. However, these groups of people in business have different motives since their main aim is to gain publicity and attract more customers through their social responsibility projects, which are initiated in the community.