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To rectify this situation, business schools need to begin implementing some kind of ethics training, in the undergraduate and graduate school levels. This is because the corporate and social responsibility that students are taught; will have a dramatic impact upon how they view the world. Where, studies have shown that in college, students do not have any kind of understanding of being ethically and socially responsible. (Arlow, 1991) This is significant, because one could infer that all of the different corporate scandals that have been occurring, over the last ten years are: because of a lack of ethics in business. In many ways, one could imply that the reason why this is a problem is occurring, is students are being not taught the difference between ethical and social responsibility. To rectify this situation, it is advisable that all graduate and undergraduate schools implement some kind of corporate and socially responsible ethics courses. This will improve the interconnected relationship between society and business. Where, the amounts of increased corporate / social responsibility; will have a dramatic upon the community, by avoiding...
(George, 1987)
Clearly, the relationship between businesses and society is continuing to evolve. One place where this can be seen is in the area of ethics. Where, the underlying amounts of corporate / social responsibilities of business; will have an impact upon society as well as consumers. This is because of the interconnected role, between the different groups. As a result, the overall amount of ethics or lack of ethics, will determine how strong or weak the economy will be. Where, those businesses that have a lack of ethic; will place their businesses at risk. Once this happens, it means that any changes in the economic cycles will cause society to suffer, as the prospects for the business will have a ripple effect on: unemployment and consumer confidence.
Bibliography
Arlow, P. (1991). Personal Characteristics in College Students. Journal of Business Ethics 10 (1), 63 -- 69.
Gandz, J. (1988). Teaching Business Ethics. Journal of Business Ethics 7 (9), 657 -- 669.
George, R.…
Bibliography
Arlow, P. (1991). Personal Characteristics in College Students. Journal of Business Ethics 10 (1), 63 -- 69.
Gandz, J. (1988). Teaching Business Ethics. Journal of Business Ethics 7 (9), 657 -- 669.
George, R. (1987). The Status of Business Ethics. Journal of Business Ethics 6 (3), 201 -211.
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