Social Responsibility and Managerial Ethics - 1527 Words

Introduction Corporate social responsibility(CSR) refers to the managers are not only create profit for shareholders, but also assume the responsibility for employees, consumers and other stakeholders.(Robbins, Bergman, Stagg Coulter 2008). Corporate social responsibility requires companies to exceed traditional goals of profit-worship and make contribution to public welfare in the working process. Companies spend more time and resources in managing social responsibility to coordinate the benefit between shareholders and other stakeholders. Corporate social responsibility can achieve the sustainable development of society and economic.(Robbins, Bergman, Stagg Coulter 2008). In this essay, firstly, I will introduce the corporate social†¦show more content†¦After 14 years, this project has increased more than US$400 million in 50 countries worldwide. Brazilian cosmetics manufacturer Natura developed sustainable development projects with farmers and small communities. It is socially responsible. Why? Through each of the programs, managers have protected and improve society’s welfare.(Robbins, Bergman, Stagg Coulter 2008). Nowadays, more and more companies are conscious of that in order to keep powerful in produce and compete in a constant changing market, they need to become socially responsible. In the last ten years, globalization make the earth as a country. The development of technology results in most companies lost the dominant position. In this globalization completive environment, companies want to improve their ability to get profits and avoid risks. How can they do it? Devoting expensive time and resources to managing their social responsibility. Because of globalization, skilled employees, stable consumers and investors become more and more important. CSR can connect the employees, consumers and investors in an mutual benefit.(Catalyst Consortium 2002). So, successful corporations ne ed society to ensure that they can get enough good workers, government policies, consumer markets and national resources. At the same time, a healthy society needs successful companies to protect and improve welfare.(Porter Kramer 2006).Show MoreRelatedEthical Issues Of The Managerial Accounting Profession1186 Words   |  5 Pagesand globally executed, and due to its complexity in today s business world it may generates sort of excesses that can negatively affect the business environment as well as the social life. Therefore, it becomes necessary to stress on the ethics and morals that should be prevalent in the business community. The term ethics in the business environment expresses the expected attitude of the individuals in organizations that carry out certain activities and services. Clearly, today’s business environmentRead MoreResistance As A Social Agent1587 Words   |  7 Pagesoccurring as a threat to them (Hultman, 1998). The resistance changes when a large for ce is applied to the surprising amount to resist change for some trend. There are two forms: individual and systemic change resistance. Individual change resistance is a social agent like an individual, organisation, and corporation etc, to support or adopt new behaviour. Whereas, systemic change resistance is the tendency for a system to reject an attempt change, even if change is promoted over a long period of time byRead Morewhy managerial accounting is important Essay840 Words   |  4 Pageschapter explains why managerial accounting is important to the future careers of all business students. It answers three questions: (1) What is managerial accounting? (2) Why does managerial accounting matter to your career? and (3) What skills do managers need to succeed? It also discusses the importance of ethics in business and corporate social responsibility.    I.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   What is managerial accounting? 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Throughout the Seinfeld episode the actions of Jerry and Newman evidently illustrate the impact of corporate structure on the work ethic of employees. For example, during one sceneRead MoreA Interview On Ethical Business Practices1556 Words   |  7 Pagestrademark of a superior company that an individual may need to assemble and maintain in your developing business. Business ethics apprehends groups or individuals; however, the one who formulate them will be swayed by the background of the company. Therefore, employees must fix on what they believe is the best line of action. Additionally, ethical corporate societal responsibility and behavior can result in a significant advantage to a business. For instance, they may retain employees within the businessRead MoreEthical Challenges Faced By Mcdonald s1338 Words   |  6 PagesEthical challenges faced by McDonald’s Introduction Globalization and industrialization has influenced international business and ethics to consider a different approach to culture. There are certain perspectives to culture which demand change in the organizational and managerial functions. International companies today formulate separate business plans to strategically overcome cultural and ethical challenges in host countries. Globalization has internationally integrated the world with respect