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The relationship between Corporate Social Responsibility and Business Ethics
The relationship between Corporate Social Responsibility and Business Ethics
The relationship between Corporate Social Responsibility and Business Ethics
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The next, and possibly the most important building block of the CSR pyramid are the ethical responsibilities. The ethical responsibilities was one of Vermont Teddy Bear’s biggest strengths because the consistent quality and the strong relationships that was created between the company and the customers. The little things that the company provided such as the bears were American made and supplied with a 100% lifetime guarantee was the reasons that the customers always came back. Because of the previous release of new bears in the past, when the “Crazy for You” teddy bear was released the company clearly meant no harm. The main decision that impacted the ethical or unethical responsibility was the negligence displayed when Elizabeth Robert, CEO …show more content…
Although there are many mixed feelings about whether the accessories of the bear are ethical or unethical the management of the company did not expect the negative responses because of the high demand for the product. When looking at product economically, investors feel that the decisions were ethical because of the revenue that was collected from the sales of the product online and in stores. They look for products that have the potential to succeed. In the end the idea of whether Elizabeth Robert was making an ethical or unethical decision is in perspective of the individual or group. ("Vermont Bear Consigned To Permanent Hibernation") Yes, the group of people in Health Care would believe it is unethical because they believe that it is making a mockery of some of their patients. But to the people managing the profit and sales in 2005 would approve because of massive increase in sales that this teddy bear caused. Just because one group of people thought the company was unethical does not make the company unethical to everyone
During 2014 there was an ethical dilemma that occurred at Canadian Tire. There was an employee named Samantha and she held the position of a Supervisor at Canadian Tire. Canadian Tire would give out Canadian Tire money to their clients depending on how much they have spent at the store and this was basically a marketing strategy for Canadian Tire whereby the clients could use the Canadian Tire money to purchase merchandise at the store. Samantha was in charge for restocking the Canadian Tire money at all times. Every time Samantha restocked the Canadian Tire money she would always withdraw few dollars out for herself and make adjustments on the paperwork and she would go to the Canadian Tire Gas station and purchase gas for herself. She went
In 2005, the Vermont Teddy Bear Company produced a controversial bear for the Valentine holiday. The bear that was made was called “Crazy for You” and wore a straitjacket. It became an issue when the company was confronted for offending the mentally ill. After the problem became apparent to the organization, it responded by saying that it would continue selling the toy until the inventory was empty. It was put out for the public in January and was sold out by February 3. The ethical issue in this case is whether or not Vermont Teddy Bear Company handled the situation ethically correct.
Bulls, Bears, and Golden Calves provides useful information on many policy issues and is stimulating in encouraging reflection on an ethical framework to apply alongside economic analysis. Stapleford provides relevant statistics and applicable principles for each topic and incorporates some “history of economic thought,” especially the work of Adam Smith (Stapleford, 2009). ...
One objection Norcross states in his essay is that “perhaps most consumers are unaware of the treatment of animals, before they appear in neatly wrapped packages on supermarket s...
ANS: CSR, is a concept which embraces the socially beneficial activities of businesses that promote the public interest apart from economic development and financial gains. So, Timberland commitment to corporate social responsibility has created a competitive advantage for the company in following ways.
The most effective piece of this documentary, however, was neither the structure of the film nor the specific questions that one is forced to answer regarding the ethical treatment of these killer whales, but the overall questions of whether or not these corporations should be allowed to continue their cycle of abuse toward the animals and whether or not we, as patrons, should encourage their behavior by giving them a monetary profit every day, every month, and every year. Ignorance is forgivable, but with the knowledge given in this documentary: the final two questions raised should be able to answer themselves.
They should make sure that their primary and secondary stakeholders feel that Paradigm Toys is meeting their corporate social responsibility on a daily basis. First, customers should feel that Paradigm maintains an ethical relationship with them and that they are treated fairly. Employees should be trained and understand what is expected of them and that they are performing ethically and maintaining the highest social responsibility. Paradigm Toys should practice corporate social responsibility to make sure their image with their stakeholders is positive for today and in the future.
In his Meditations, Rene Descartes argues that animals are purely physical entities, having no mental or spiritual substance. Thus, Descartes concludes, animals can’t reason, think, feel pain or suffer. Animals, are mere machines with no consciousness. Use the Internet to explore the issue of animal rights. Investigate the legacy left by Rene Descartes concerning the moral status of animals.
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
animals. If they keep the animals, then the animal will be treated as a pet or
The fact that animals are still used when animal experimentation is avoidable and not necessary makes animal testing unethical. According to the People for the Ethical Treatment of Animals (2013), over one hundred million animals suffer and sometimes die from experiments to test chemicals, drugs, foods, and cosmetics (para 3). Although it is good that the companies are concerned that their products do not harm consumers, the law does not require most of these tests animals endure. Furthermore, these tests do not have accurate results, so the animals may suffer, but the product is still sold to the people. While products that burn bunnies’ eyes away are being marketed to consumers, government agencies are using taxpayers’ hard-earned money to fund these horrible, pointless experiments.
Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce a positive impact on society. Companies introduce new products in markets, usually after testing concludes that the product is safe for use or consumption. It is nearly impossible for a company to truly know all of the potential risks a brand new product may have, even after thorough testing. However, once a company receives reports that its product may be causing harm to consumers, it is their responsibility to conduct more research and tests to rule-out any possible truth in the reports. This is what a socially responsible company would do, one who is preoccupied not only with their bottom-line, but one that is also worried about its customers.
"The Case For Animal Rights" written by Tom Regan, promotes the equal treatment of humans and non-humans. I agree with Regan's view, as he suggests that humans and animals alike, share the experience of life, and thus share equal, inherent value.
Today, the fashion industry is pumping out thousands of fur coats for prospective buyers. The attempt of masking the true price of retrieving that fur by glamorizing coats is beyond most buyer’s attention. Some people know that animals go through pain when their fur is taken for the purpose of fashion, but most people do not understand the extent of the mutilation they go through. To be sure the fur is fresh and neat, certain animals are sometimes skinned alive. Fur farming is not only inhumane, but it also has a negative effect on nature. Fur farming is bad for the environment, brutal to animals and the animals are also inhumanely killed. According to psychological theory, the humanistic view claims that every person has good in them. However, this act of murdering innocence seems to prove otherwise.
Animals have their own rights as do to humans and we should respect that and give them the same respect we give each other. Animals deserve to be given those same basic rights as humans. All humans are considered equal and ethical principles and legal statutes should protect the rights of animals to live according to their own nature and remain free from exploitation. This paper is going to argue that animals deserve to have the same rights as humans and therefore, we don’t have the right to kill or harm them in any way. The premises are the following: animals are living things thus they are valuable sentient beings, animals have feeling just like humans, and animals feel pain therefore animal suffering is wrong. 2 sources I will be using for my research are “The Fight for Animal Rights” by Jamie Aronson, an article that presents an argument in favour of animal rights. It also discusses the counter argument – opponents of animal rights argue that animals have less value than humans, and as a result, are undeserving of rights. Also I will be using “Animal Liberation” by Peter Singer. This book shows many aspects; that all animals are equal is the first argument or why the ethical principle on which human equality rests requires us to extend equal consideration to animals too.