Fill a form in 3 easy steps - less than 5 mins.
Posted: August 31st, 2022
Business Ethics and Social Responsibility
Profit maximization is the main objective of most businesses and organizations. Every company wants to be the best with the largest market share in the industry. However, this does not give it the authority to do whatever they want in a quest to increase their revenue. This is where the concept of business ethics and corporate social responsibility comes in.
Business ethics is simply a system of rules and policies that differentiate right from wrong in the decision-making process within an organization. Business ethics focuses on the obligations of the business to shareholders, employees, customers, suppliers, and competitors. This involves doing what is right and beneficial to parties whom they are engaged with directly in their daily operations. This includes caring for the employees, complying with the state laws, providing quality products to their consumers, employing fair means of competition, and being truthful mainly through advertisements.
Differentiating right from wrong and making the right decisions may seem an easy task. However, in the commercial context, the right thing is not always straightforward. The right decision is not always ethical. An ethically upright decision may also be morally contradicting. When encountered with such dilemmas, the decision should be based on moral principles. Some people believe that the decision may vary with the situation at hand, which to some extent is true. Ultimately, the decision made will depend on the individual or the parties involved.
Social responsibility, commonly known as Corporate Social Responsibility CSR, is a much narrow subject under the concept of business ethics. It is the company’s social obligations and deals with giving back to society in general and parties that are not involved directly with the daily organization activities. A company’s social responsibilities revolve around caring for the workers, being financially, socially, and environmentally responsible. Common practices in CSR encompass fair treatment of employees, promoting recycling, reducing pollutions, giving back to the community through donations, helping the poor, and above all, disclosing any information that may affect the wellbeing of the people.
Business ethics and social responsibility have such an enormous influence on the success of a business. Ethical business practices have a positive impact on the image and reputation of an organization. Unethical practices such as false advertisement will have a negative influence on society and customers. A company that organization that values its employees and gives back to the community builds trust relations with the community, eventually developing a positive reputation that attracts more customers.
You Want Quality and That’s What We Deliver
Our writing team is assembled through a rigorous selection process, where we handpick accomplished writers with specialized expertise in distinct subject areas and a proven track record in academic writing. Each writer brings a unique blend of knowledge and skills to the table, ensuring that our content is not only informative but also engaging and accessible to a general college student audience
Competitive pricing is a cornerstone of our service, where we balance affordability with exceptional quality. In offering the best writers at rates that rival other writing services, we ensure that students can access top-notch content without breaking the bank unnecessarily. Our fair and transparent pricing structure is designed to provide value for money, making us a go-to choice for students seeking high-quality writing services at an affordable price.
Academic integrity is paramount to our writing service, which is why we produce original research and writing content for every paper. Each piece of work is carefully written from scratch, ensuring that every sentence, paragraph, and page is authentic and free from plagiarism. Our rigorous quality control process involves thorough scanning of every final draft, guaranteeing that the content meets the highest standards of originality and academic integrity. With keen attention to citation and referencing, we ensure that every source is properly credited, giving you complete peace of mind. We also have the best plagiarism checkers like safeassign and turnitin thus providing similarity score for each paper.
When you decide to place an order with Dissertation Help, here is what happens: