Coporate Social Responsibility

A. (2.) Analyze the ethical issues at stake in the scenario and distinguish from legal matters.

New Balance is privately owned company, which is the second largest footwear manufacture in the United States and the fourth largest footwear manufacture in the world with annual sales in 2008 of $1.61 billion (Veleva, 2010).

Lawrence, Anne (2010). Business and Society: Stakeholders, Ethics, Public Policy. 13th Edition. McGraw-Hill Learning Solutions, 2010. VitalBook file. Bookshelf.

What principles would you need to be aware of when dealing with the ethical dilemmas in this case study?

Under this task I will explain the ethical issues that business needs to consider in its operating activities and how a business they could improve the ethical of their operations and also I will evaluate the influence of stakeholders exert in one company.

The third step to obtaining necessary approval and securing support from my organization's management is related to any legal or ethical concerns that might arise. My research will therefore include an outline of

Company Q is a small local grocery store chain who has made poor decisions when it comes to social responsibility. Company Q’s business is suffering because the owners’ do not know the heart of running a business, Social responsibility. When opening a business it is not all about the money. Sure it is nice to think about growth and reaping the benefits of a bigger bank account, but the first thing that is important in business is the consumers. Who is buying what you are selling? What will make consumers buy more, comeback, or tell friends? Businesses flourish around consumers. So if it is money you are after, then consumers are who you need and want. So in business in order for Company Q to get what they want and need, they will need to give the consumer what they want and need, social responsibility. Give back, it has always been said “It is better to give than to receive.” After careful review of Company Q's business actions, this company lacks social responsibility in many areas.

1) The Booth Pharmaceutical Corporation has to face whether or not to continue selling the drug Vanatin. In participating in the activity, acting as a board member of the Booth Corporation, I along with my other group members were faced with an ethical dilemma. The dilemma was; should the company continue to sell Vanatin even though is has dangerous effects? The drug Vanatin is a major profit producing aspect of the Booth Corporation comprising 12% of its gross income in the United States. Additionally, the corporation makes about the same amount of money in foreign markets under a different name. Booth Pharmaceutical can continue to sell the product and with help from lobbyists get past the FDA. However, the drug is proven to have

In this case study, the ethical issue is that many presidents of university are earning high salary when the college graduate are only earning a low wage. In this case, I don’t think these presidents of universities are unethical because they are hired to manage the school and make the school better. The wage of the college graduates has not direct relation to them. Although many people will think that the president are earning salary from the student tuition, the logic is wrong. If we run the stockholder theory, the stockholder will like the one who can give them the profit to be the university president. These presidents are earning high salary because they have higher ability than the other. It should not use the college graduate

There are several different ethical theories giving a decision maker a diverse way to make the best ethical decision. The author gives the readers multiple ways to consider a decision to prevent overlooking anyone or anything that has moral standing within the decision. To help explain the difference, we will use John Doe and his ethical decision he is faced with. John is a scientist and found a formula of unhealthy ingredients that taste just like sugar. He needs to decide whether or not to report this to his mass cookie-producing employer.

In addition, appraiser must consider looking to potential conflict of interest when research has been sponsored by a company, as the research has the potential of being biased (1)

It is a relevant ethical dilemma because it is a situation in which an ethical decision needs to be made by a businessman (CFO of Gabriel Resources) where viable options to this case are available which will be judged further in this essay by applying ethical theory and concepts.

From time to time, corporate executives encounter ethical dilemmas that seem rather challenging. In this text, I concern myself with an ethical dilemma faced by the top leadership of Nutritional Foods Inc. In so doing, I will amongst other things explain (in detail) the actions I would take were I to find myself in a similar scenario. I will also explain not only the reasoning behind my actions, but also the results I would be expecting.

CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.

Nevertheless, the decisions should not be unethical that the reputation of the corporation is risking (Wheelmen, T. & Hunger, J. (2010)