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¶ … repositories of ethical values, religion, philosophy, cultural experience, and law influence managers. Although different doctrine controls different religions, all of the major religions preach some form of responsibility to society in general. Christian managers reading and seeking direction from the Bible exemplifies the use of a religious text to influence the managerial thought process. Many passages from the various religious texts draw a comparison between a shepherd and the shepherd's responsibilities. If each person is considered a shepherd, then each person has responsibilities beyond what they do for themselves. In some cases a religion teaches that moral responsibility extents to the indirect results business activity, such as pollution. In spite of the pressures to remain open for business seven days a week, some Christian-oriented businesses refuse to open on Sundays even though this decision hurts them directly in terms of lost business, but also hurts them because of the loss of prime retail space to companies willing to open on Sundays. Many other examples of businesses respecting a sacred day of the week or a sacred time of day exist. However enormous competitive pressure continue to build in the retail business...
Ancient philosophers, particularly the ancient Greeks Socrates, Plato, and Aristotle, set forth a doctrine revolving around the concept of a higher morality, an ideal society. Using the mind allowed one to achieve a sense of morality identified as absolute morality. The Greeks and the Romans saw true success in terms of leading a "good life" rather than achieving great financial wealth. Christian concepts of ethical behavior dominated for a number of centuries. The Christian concepts focused on the need for ethical behavior on Earth to gain life after death. At the end of the Middle Ages marked by the beginning of the Enlightenment, non-religious philosophers replaced as the most influential philosophers. Philosophers of the Enlightenment sought to explain ethics through analysis rather than a mandate of God. Another form of secular philosophy evolved from the work of Bentham and the philosophy that any action should be measured based on whether it caused pleasure or pain to society in general. The philosophy became known as Utilitarianism. Although an…
Ethics Social Responsibility and Ethics Evaluate Company Q's current attitude toward social responsibility. Company Q. has a negative attitude towards social responsibility. This is because it believes that there is the potential for fraud and losses. In this situation, the management feels they must proceed with caution. This is from a perception about these programs not producing any measurable results in comparison with their costs. Over the course of time, this will more
Ethics, Values, Social Responsibility Bailout of Banking Industry in United States Ethical Compliance by Banking Industry It is quite common in American history that government comes for the rescue of companies and organization in the time of financial crisis. General motors' acquisition was one such example where saving GM meant saving the nation. When Government takes measure for the welfare of any segment of the economy, it then becomes responsibility of the organizations
There is a good case to be made for focusing on externalities and seeking to manage all of them in a social responsible manner, especially as the world becomes globalized and the key success drivers become relationships and information. Works Cited: Mintzberg, H. (1994). The rise and fall of strategic planning. Harvard Business Review. Retrieved May 16, 2010 from http://online.worcester.edu/external/evescio/Principles%20of%20Management/strategicplan.pdf Friedman, M. (1971). The social responsibility of business is to increase its
Social responsibility is subject of considerable debate. For not-for-profit organizations, their responsibility is defined by their mandate. Their donors set this mandate, or at least they accept it. It is actually not much different in for-profit entities, except that the general perception is that earning profit is not socially responsible, whereas the activities of not-for-profit entities are generally considered to be socially responsible. For a for-profit entity, there are two schools
Social Responsibility Corporate social responsibility Companies are facing increasing pressure from investors, consumers, and the society. For investors, they are required to increase profits while consumers and the society require them to be socially responsible. Scholars have studied corporate social responsibility for years and over the years, they have documented their findings concerning social responsibilities of corporations. Over the years, consumers have built the typology of unresponsive to highly responsive purchasing in
Social Responsibility Types of people who live in the community in regards to the overall type of individuals who live within the community, the demographics vary considerable. However, the underlying values and principles that govern the population remain relatively homogenous. For one, many of the individuals on the base are military oriented or have some affiliation with the principles embedded within the military. The virtues of honor, respect, integrity and so