What Are The Challenges Of Social Responsibility In Business?

Everyone has their own personal set of ethics or set of moral principles on what one believes is right and what is wrong and social responsibility to society brought into the business world (“Ethics”). Every day, an individual is deciding to do something, whether it is at work, at home or at the grocery store, an individual’s decision may be right or wrong depending on the person and the situation. In businesses, one must interact with several different morals from the employees and the customers, as well as a social responsibility to the business of what is right and what is wrong to help it become profitable. (Kurtz and Boone 32). Business owners and employees can encounter common business ethical challenges such as conflict of interest,
With individuals having their own personal code of ethics, conflict of interest can occur when an individual is “faced with a situation in which an action benefiting one person can potential cause harm to another” (Kurtz and Boone 37). According to Peter Clarke, a Legal Match Content Manager, says that a conflict of interest can arise from simply being hired for being a relative of a person in higher position and gift giving (Clarke).
A second common ethical business challenge is honesty and integrity, or the act of accepting responsibility for mistakes and being honest to one’s employer, employees and or customers (Kurtz and Boone 37). It is also an act of honesty and be consistent with your own moral and ethical values (Fabric). When an individual makes a mistake, instead of blaming it others or denying it, the best thing is to accept one’s mistake and learn from it. When an individual follows the right way, it builds trust with the customer, employee or employer as well as showing characteristics of a possible
In business, one responsibility is to deal with public health issues such as smoking, substance abuse, obesity and many other health issues, protecting the environment by recycling and green marketing or a safe way to promote safe environmental friendly products and developing the quality of the workforce and welcoming individuals with different backgrounds. (Kurtz and Boone 42 – 47).
The second social responsibility is to the customers right to be safe, informed, heard and chosen. Businesspeople have the legal and moral obligation to keep the public safe and free from injuries. The public has the right to be informed to make the decision if one wants to buy the product by being given information about it. Third, the public has the right to be heard by expressing their opinion and feedback or products to hear and understand what the public wants and last the right to choose what an individual would like to purchase for example what phone company one would want as their