1. How can you apply sustainability, ethics and corporate responsibility principles in your workplace?
According to the World Business council for sustainable Development, describes Corporate Responsibility as the existence of commitment by transaction to behave ethically and give help to the economic development while enhancing the quality life of the group of people who work for a particular organization and their families in addition to the local community and the society great in size. Therefore, applying corporate responsibility principles in your workplace, they should be engaged in using their resources and committed to activities designed to increase its profits provided that it stays inside the rules of the game, in other words, to
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Possibly but not certainly important, attention to ethics in the place of work assist to make sure that when leaders and managers are strenuous in times of confusion or an unstable state of affair, they hold secure a strong moral compass. Ethical principles provide the foundations for various modern concepts for work, business and organizations, which broaden individual and corporate priorities far beyond traditional business aims of profit and shareholder enrichment. Ethical factors are also a significant influence on institutions and public sector organizations, for whom the traditional priorities of service quality and cost management must now increasingly take account of these same ethical considerations affecting the …show more content…
Look back at the entire Course. How will what you learned change the way you work or your future aspirations?
Sequel to what I have learnt to far in this entire course, I deeply understand that having international exposure not only broadens my horizons, but also equips me with a unique understanding and set of skills that’s highly desirable. However, there are five ways in which what I have learnt could cause a change while working in future.
i. Undergo personal increase: By living and studying in a foreign country such as Spain, I’ll attain a new understanding of my personal heritage, culture, and values. furthermore, I will become more independent, developing confident in my own abilities and able to do things for myself as I learn to travel and live comfortably in a different
Ethical values may come in all shapes and sizes; we may grow up with a certain set of ethics and/or values that change and conform to our environment. This widely depends on where we end up later in life as in our professional career or our personal lives because different situations can affect how we interrupt ethics and social responsibility. Work may influence or provide a new set of lenses in how ethics are viewed. We are given a set of ethics to adhere to while employed. By definition, “that branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and
Ethics or rather morals entail mechanisms that defend, systematize as well as recommend conceptions of right or wrong. Many organizations develop ethical codes to ensure employees and employers understand the difference in doing good or bad. In that respect, ethics are an essential aspect of successfully running of any organization or government. Ethics ensure employee’s productivity levels are up to the required standards. It also assists them to know their rights and responsibilities. Additionally, employers, as well as any persons in management, are guided by them to ensure they provide transparent leadership. Ethics also defines how customers should be handled. Ethical codes govern the relationship between customers and an
Ethics in business is a highly important concept, as it can affect a company’s profits, salaries paid to employees and CEOs, and public opinion, among many other aspects of a business. Ethics can be enforced by company policies and guidelines, set a precedent when a company is faced with an important decision, and are also evolving thanks to new technology and situations that arise due to technology usage. Businesses have a duty to maintain their ethical responsibilities and also to help their employees enforce these responsibilities in and out of the workplace. However, ethics and the foundation for them are not always black and white. There are many different ethical theories, however Utilitarianism, Kant’s Deontological ethics, and Virtue ethics are three of the most well known theories in existence. Each theory is distinct in that it has a different quality used to determine ethicality and allows for a person to choose which system of ethics works best with both the situation and his or her personal ethical preferences.
In today’s global society, a Code of Ethics policy is used to label established, acceptable behaviors among that industry’s business associates, potential investors, and the corporation’s executive officers and employees, and most important, the consumer (Ethics Resource Center, 2003). In an attempt to promote an increased efficiency and productivity potential level, among employees and prospective clients, a corporation’s standard Code of Ethics should guide its members toward a more in-depth examination of their personal moral activity, and how these actions affect the people or acquaintances they encounter. A company should utilize this strategy as a model for the professional behaviors and responsibilities of its constituents, and proves the occupational advancement of that business. Ethics are important in every level of a corporation, but specifically in the day-to-day actions of its members, and the image the company broadcasts to its associates is fundamental in building a stable business foundation. These pledges are a vital communication tool used to covey the firm’s standards for business operations, and predominantly, its relationships with the surrounding communities (Ethics Resource Center, 2003).
There is a link between corporate social responsibility and the key principles of the stakeholders, which a company should follow to be responsible to its stakeholders. The first stakeholder is environment and the key principle used for it is not damage the environment for example, recycling, dealing correctly with their wastes and emissions. The second stakeholder is the employees. The key principle for the employees is companies providing safe and health working conditions for their staff. Moreover, the employees earn an appropriate salary for ...
Business ethics are a set of moral rules that govern how a business operates, how people should be treated within an organization, and how business decisions are made. They are a crucial part of employment and in managing a sustainable business, mainly because of the serious consequences that can result from decisions made with a lack of regard to ethics. Even if you don’t believe that good ethics don’t contribute to profit levels, you should realize those poor ethics have a negative effect on your bottom line in the long-run. Every business in every industry has certain guidelines to which its employees must stick to, and regularly outline such aspects in employee handbooks.
This essay will provide two actual case studies: one of positive ethical principles and the other of poor ethical principles. Ethics are the driving force behind good business. Every ethical choice made by a professional can and will have a much different outcome than any unethical choice. Bad ethics can ruin many aspects of a business and as Gaye-Anderson, 2007 states, quite easily the lives and professional reputation of the employees can even be severely damaged. 3.
III. Students should study abroad due to its many benefits including personal growth, intercultural development, and education attainment.
Ethical behaviour is what all career people should aim to have. Not just the ethical attribute but exceptional behaviour with this regard.this is because in order to build a career, one must be governed by the rules of ethics to safeguard oneself and others. Ethics are essential in the workplace because a tough ethical code provides a non-threatening environment with high employee morale. The corporate social responsibility is important to everyone,therefore it should not be neglected by the employees and the organization. Ethics purely center on personal conduct. It involves personal choices that can make or break a person in the workplace or business. The major importance of having good conduct is to maintain a high level of respect not just for people but for the proffession. Most people who begin their working career have aspirations of excelling at their jobs and reaching the pinnacle of their profession while maintaining a sense of values; however employees often become blind with ambition and put aside their sense of ethics in order to obtain financial security and recognition for their efforts. There are many things that one can gain from having good behavioural ethics in the workplace. It will develop a discipline which will propel the work practices to a higher level and will help set a high standard. It will promote teamwork among the workersand will also buil...
In the business world there are many fundamental aspects and situations that can lead to several issues. In order to find an optimal and professional solution, business decision makers need to apply moral and ethical standards. And it is at that moment in which business ethics perform its role. Business ethics, which is in charge of examine how companies and individuals should act in business situations, is very essential in order to reach a common agreement and to work within the laws of business and solve an arisen dilemma. Working of the hand of ethical business companies, employees, investors, directors, and even individual officers can be beneficiated and obtain most favorable outcomes.
Ethics in the workplace is a very important thing to have. Without a sense of ethicality in the workplace there are many things that could go wrong. You could even end up losing a job because of a lack of ethics, or other consequences could be felt due to a lack of caring or morality. The workplace is a place that you should show respect and dignity, and a deeper sense of ethics is very important in order to uphold these senses of morality. Workplace ethics, which include such things as behavior, integrity, commitment, teamwork, and other things, are important, if not required, in most workplaces and can help to improve performance and morale for workers and employers.
What do you expect to learn from this course that will help you develop in the areas you’ve identified?
However, there can be more definitions about what Corporate Social Responsibility can be. For example, Corporate Social Responsibility can be the commitment which is continuing for a business to behave ethically and bring to economy the development to improve the workforces’ of the whole society and local community and their families’ quality of life. Corporate Social Responsibility is also known as the obligation of a company to serve the society’s interest and of course its own. With the help of the Corporate and Social Responsibility, social and environmental concerns companies can integrate into their business and stakeholders operations.
Imagine walking onto a plane and travelling 3,000 miles across the ocean to spend the first semester of your college career in a completely different place than you’ve lived your entire life. Well, that was something that I personally experienced about two years ago. I got accepted to Arcadia University, and into their “FYSAE” (First Year Study Abroad Experience) Program. It was probably the most exciting, yet nerve-wracking thing that I had ever done in my life. I got on a plane and went to the UK for a full four months as a new freshman in college. When I was leaving my home, family, friends, and job I was anxious and sad to be leaving, but once I arrived in the UK I could not contain my excitement. I studied at Stirling University in Stirling, Scotland. The semester that I studied abroad was probably the best time of my life. In those four short months, I experienced a different culture, ate new foods, made lifelong friends, travelled to other places, learned to understand an accent that sounds like a whole other language, and learned to be independent. I accomplished all this while learning and taking a full course load (and getting good grades) at the university.
Corporate Social Responsibility is management’s obligation to protect and promote their stakeholders welfare. Social Responsibility is more than just obvious ethical issues like honesty and integrity in business dealings.