Ethics and social responsiblity Essay Example | Topics and Well Written Essays - 2500 words

Ethics and social responsiblity - Essay standardThese incidents are all manifestations of the failure of companies to act in a socially responsible manner. Always, at the another(prenominal) end of the supply chain the consumers bear the brunt of the failure of companies to act responsibly. For which reason, this research paper is now macrocosm carried out in redact to establish ways with which the general public and concerned authorities cease evaluate if a telephoner is behaving in a socially responsible manner. This paper shall consider the development role of ethical considerations in business, as well as the different moral philosophies and ethical standpoints link up to CSR. It shall also consider ethics and corruption in its discussion. Practical examples shall be used in order to answer the details needed in this paper. This paper is being conducted in order to establish a comprehensive evaluation of corporeal social province and how the general public can be dire ct in their patronage and purchase of the various products and services in the market. Discussion Corporate social responsibility defined Before any discussion or evaluation of this subject matter can be carried out, it is important to first understand and lay out a standard exposition and conceptualization of corporate social responsibility, otherwise known as CSR. ... It is defined more in detail by Carroll (as cited by Kanji, 2009, p. 102) as a pyramid with four distinct elements. The first is economic responsibility the second is, wakeless responsibility the third is ethical responsibility and the fourth is discretionary responsibility which is otherwise equivalent to philanthropy. This definition however is still considered incomplete because it does not take into consideration the dynamic relationship between corporations and society. The higher up definitions can be conceptualized on a more comprehensive plain when the elements of social fairness, ethics, environmental ri ghts, benevolent rights are all considered in the management of corporations (Kanji, 2009, p. 102). These elements all have standards of compliance and all help grade knowledge and a strong basis for the evaluation of CSR among corporations. Approaches to evaluating CSR There are different ways of evaluating whether or not a company is acting in a socially responsible way. Schermerhorn, Jr. (2010, p. 70) suggests that a companys CSR performance can be measured based on the following criteria economic responsibility, legal responsibility, ethical responsibility, and discretionary responsibility. In essence, evaluating a corporation is taking note of the following 1. scotch responsibility Is the organization profitable? 2. Legal responsibility Is the company obeying the law? 3. Ethical responsibility Is the company doing what is right? 4. Discretionary responsibility Is the organization contributing to the broader community? (Schermerhorn, Jr., 2010, p. 70). In the current age of t he globalized market, mess consumerism has now become the running trend. For corporations wanting to fulfil their CSR, their ability to