Apple's Ethical Practices

3897 Words Feb 5th, 2018 16 Pages
An organization's ethical guidelines encompass how the organization and its employees embody ethical principles in their dealings, with each other, and other stakeholders. Therefore, Ferrell, Fraedrich, and Farrell (2008) have defined Business ethics as "The principles and standards that guide behavior in the world of business" (p.6). In many situations, individuals must incorporate their personal ethics to match those of the organization's ethical culture. For this reason, business ethics theory indicates that an organization's ethics are evident in its organizational mission and vision (Hummels & Timmer, 2004). This is because the mission and vision determine organizational structure and culture, and thereby organizational and individual behavior.
In addition, an organization is driven to establish social responsibilities through their social standards and practices. They develop social codes that define social factors in their international, national, or local community activities to ensure they enforce minimum social standards within their position of influence. According to Byron (2006), this is Corporate Social Responsibility (CSR), which is, "an obligation to look to the interest of the broader community and to treat the community as a…
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