According to an article entitled “Social Responsibility”, being socially responsible simply means that “people and organization must behave ethically and with sensitivity toward social, cultural, economic and environmental issues.” Mar 28, · Social Responsibility Term Paper: Corporal social responsibility (CSR) is the concept which means the companies take into consideration the opinion of the society, employees and customers producing their goods and services. Corporate social responsibility is a positive thing, because if the general public is not satisfied with the quality of the production, the businessman should think over his View Term paper report_Corporate Social Responsibility (1).docx from FINANCE at St Xaviers College. CORPORATE SOCIAL RESPONSIBILITY & ITS INITIATIVES:
Social Responsibility - Term Paper
Organizations are established with an ultimate objective of providing goods and Services to people. These organizations can operate locally or internationally.
Those that operate in other countries in addition to their country of origin are termed as multinational corporations. There are those organizations that are solely after making profit while others are non profit organizations. Whether the organizations are after making profit or not, they should operate in a manner that will not compromise with quality expectations of the clients. This is especially true given that organizations operate in an environment that is dynamic.
The environment in which the social responsibility term paper operate include political, social and economical environment. Such environments call for the organizations to observe ethics and corporate social responsibility as a strategy for them to survive. This is due to the fact that corporations require good will from the communities in which they operate and they are governed by laws of the land. This shall be discussed in relation to theories and using real life examples to support the arguments in the essay.
Ethics, as an integral part of an organization, is a strategy that can be approached from various theoretical perspectives. Therefore, an ethical organization should be built on the following three fundamental pillars: workers that observe ethics in the cause of their duties, leadership that is keen on ethics as it pertains to the workers and clients and the organizational structures and systems that are ethically sound, social responsibility term paper.
Without these ethical pillars the organization will encounter challenges in the environment it operates Jackson The organization cannot operate in a vacuum. This is because the management leaders of the organization must make decisions that are legal and customer friendly. To achieve this different ethical approaches or theories are to be taken into considerations. They include moral rights approach, justice approach, utilitarian approach and individualism theory George To begin with, moral rights approach as an integral ethical strategy of an organization asserts that human beings have certain rights and freedoms that cannot be infringed by the decision made by individuals.
For the decision to be considered ethical, social responsibility term paper, it has to ensure that individual rights and liberties are not taken away from them. Social responsibility term paper example that shows how companies violate human rights can be seen by how the Wal-Mart was found to violate its U. S workers rights in by preventing them from forming trade unions and instilling fear into them. The leadership of the organization should ensure that its workers or any other stakeholders to the organization such as suppliers, creditors and the clients should have a free consent in decision matters that affect them.
On the other hand the leadership of the organization consider legal due process in their decision making process. This moral right calls for fair and sound hearing for an individual. The manager in the organization should allow the workers to seek a due legal process whenever they feel that their rights have been denied European Commission Like wise if the organization carries out the activities social responsibility term paper pollute the environment the people can sue the organization for its harmful activities to the people and the environment.
The fear of being sued for such violations leads to most organizations to do what is required of them DFID For instance, social responsibility term paper, the Los Angeles Car Wash Company was sued by its workers for underpaying them, social responsibility term paper.
The workers were kept on duty social responsibility term paper the working hours without being paid their overtime dues. The workers were paid up their dues and were not dismissed from duty due to strong laws that protect them. Next for decision to be considered morally correct the decision of the leaders in organization should consider the right to life and safety of its workers. The managers in the organization cannot expose their workers to the activities that threaten their life and safety, social responsibility term paper.
The companies that manufacture products for public consumption like the motor companies must be liable for the safety of the products to the consumers. It shall be good ethics for such products to undergo vigorous tests before being sold to the public for safety reasons. The companies can give warnings to customers if the products may jeopardize their safety.
For example the General Motors Company recently recalled more thanSUVs and trucks to correct turn signal problems even though there were no injuries that had been reported from the clients. The recalling was well intended to correct a mistake that had been noticed and was vital in order to forestall any legal suits that might have followed Dellaportes, Gibson, Alagai In addition to that, the executives of the organization need to protect the privacy of their workers.
The managers need avoid sexual harassment against their workers. The company needs to uphold to its free consent all the time. The company should give the right information to its stake holders regarding its operation. Giving fraudulent information is unethical and may cost a lot to the company in terms of legal cost. For instance, social responsibility term paper, one particular company gave a prospectus bearing false information about the unbounded wealth of Nevada.
A particular share broker who took such information in good faith wanted to disregard the contract agreement after realizing that the information provided was not true. Thus it is important that companies give correct information to such situations Hartman Lastly the people working within the organization and other stake holders to the organization have the right to freedom of speech and information.
The companies should make an effort of informing its consumers on the products offered through education. For Example, in the U. S food and drug administration FDA destroyed up to 90, units of Royal Tongan Limu Dietary supplements that were being false claimed to treat several diseases Hartman The company should make decision that allows the stake holders to the organization to express themselves.
This should allow the voice of the workers to be heard in matters that affects them. The top leadership should not undermine the views of those under them. If the leader goes to the extent of embracing totalitarian kind of leadership in the organization there would be conflicts in organization which may lead to the eventual collapse of the organization.
The second theoretical approach in the ethical strategy of an organization is the utilitarian approach. This theory upholds that when the managers make the decision, it should be morally good and its consequences should benefit a large number. Therefore this approach social responsibility term paper for a greater measure of benefits and harm or cost in terms of what is valued most by the decision makers in the organization.
For example if a company finds that using low-wage foreign workers will give it a competitive edge, social responsibility term paper, it may just do that as a means of survival.
However, this may not go down social responsibility term paper with the locals who may feel that their jobs have been taken by foreigners Jackson For Example, there were street protests in Ireland in response to increased number of companies using cheap labor provided by immigrants. Another ethical approach as a strategy of an organization is that of individualism.
The managers should allow the stake holders of the company to make free choice as long as their interests do not conflict with those of the company. The justice approach as an ethical strategy by the organization is very important. This theory stipulates that moral decisions affecting the people in the company should be fair, equal and very impartial Albertson For example it will be unfair for the unskilled laborer in the company to earn a higher salary than their skilled counterparts.
This kind of scenario is common in firms that employ relatives who often are not up to the task but they end up being paid more. The management of organizations should ensure that they pay workers depending on their output and level of skill. On the other hand it will be unfair by social responsibility term paper remuneration team in the organization to deny the workers compensation after they had been injured social responsibility term paper on the job.
This can exist where the legal process for such compensation is delayed by the management team who may not be willing to compensate their workers.
The rules and regulations of the organizations should be applied uniformly by the workers of the company. There should be no rules that discriminates the workers on the grounds regarding their health condition, social responsibility term paper, race and gender, social responsibility term paper. For Example, social responsibility term paper, the Ghanaian government social responsibility term paper formulated tough penalties to deal with Companies that are discriminating their workers on health Grounds.
Jackson The corporate social responsibility as a strategy in the organization has been favored for a very long time as far as business is concerned. Competition from other organizations sends a company into looking for ways that can really put it above others. Corporate social responsibility seems to be the best avenue through which an organization can make itself appealing to its clients. Organizations which get deeply involved in communal activities usually develop some bonding with the members of the society in which it operates.
In the end it is always true that a company that will identify itself with the people will rip more from them. How did this corporate social responsibility come about? It was partly brought about by the reshaping of the old-age traditional method of relationships in authority by ushering in new modern technology in creating of the wealth Davis Thus the organization had to give back to the society in which it operates in which enables the organization to make large profit, social responsibility term paper.
Therefore the organization gives its workers services such as free health services, promotion of education that were meant to appreciate the efforts of the workers to the organization. Furthermore since the business or the organization acts as the moral agent of the society their social responsibility is to ensure that their social behavior does not compromise with the moral values of the society.
The corporate social responsibility of the organization is well supported by the stake holder theory. This theory encourages the management team of the company to safeguard the interests of the legal fraternity subsystem, clients, creditors, and suppliers who are the stakeholders to the firm Knight The company has the corporate social responsibility of abiding to the government laws and regulations so as to avoid harming social good such as the citizens and the environment.
However such government regulations interfere in the operation of the company. For example, its failure to clean Hudson Social responsibility term paper led social responsibility term paper legal suit against General Electric Company. This was as a result of failure to abide by the regulations. Another important theory that explains the role of corporate social responsibility of the organization is that of social demandingness.
The theory stipulates that the managers of the organization should safeguard the interests of the stake holders in the society. The executives of the corporations have to ensure that the social issues such as health care, safety and the prosperity is highly social responsibility term paper into consideration without disrupting the social harmony.
A good example is Magellan Metal Company in West Australian that had to bear responsibility for the death of birds within the environs as a result of lead deposits. The company showed a good example by closing down for a while to clean up.
This was welcomed by the locals who were impressed by the move as a step in the right direction. The corporate social responsibility embraces the legitimacy theory which states that organizations need to carry out activities that are proper. This indicates that the organization should not engage in the activities that are against the norms and values of the society George This theory calls upon the organization to carry out the activities that respect the moral values of the society in the society in which it operates, social responsibility term paper.
The company has to engage in the activities that should not impact negatively on the environment. The operations need be generally accepted.
Business Paper presentation On \
, time: 9:59Term Paper on Corporate Social Responsibility | blogger.com
View Term paper report_Corporate Social Responsibility (1).docx from FINANCE at St Xaviers College. CORPORATE SOCIAL RESPONSIBILITY & ITS INITIATIVES: According to Social Responsibility (), social responsibility is the idea that businesses should not function amorally, but instead should contribute to the welfare of their communities. In the instance of Company Q, I do not believe that the grocery store chain is being socially responsible According to an article entitled “Social Responsibility”, being socially responsible simply means that “people and organization must behave ethically and with sensitivity toward social, cultural, economic and environmental issues.”
No comments:
Post a Comment