Standards Of An Organization Should Be Accountable For Its Actions On The Environment

(1) Respect for persons: “Treating persons as autonomous agents and protecting those with diminished autonomy”. (Individuals with lessen autonomy are entitled to protection).

respect of the inherent worth and dignity of all individuals and the promotion of their right to autonomy and self-determination;

Ethical behavior respects the dignity, diversity and rights of individuals and groups of people even when it is inconvenient to do so. Ethical behavior can be taught and learned. Ethical behavior can start by a person in a leadership role setting examples for fellow co-workers or subordinates. Also workshops and courses are able to help individuals brush up on ethics they already possess. If an individual has no ethics, workshops could teach them but only if the individual is open and willing to learn

Ethical behavior is behavior that a person considers to be appropriate. A person’s moral principals are shaped from birth, and developed overtime throughout the person’s life. There are many factors that can influence what a person believes whats is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company. (Mallor, Barnes, Bowers, & Langvardt, 2010) Business ethics is when ethical behavior is applied in an business environment, or by a business. There are many

CSR has turned into a focal administration issue in this present reality where open desires, legitimate prerequisites, and social needs all vary altogether among countries and where the MNE should persistently accommodate its all inclusive moral positions with country particular substances.

It is the application of ethical values such as integrity, fairness, respect and openness to business behavior. It relates to all activities of a company, from how it developes, produces and delivers its product and services and the interactions with the customer, employees and the society at large.

Ethics- is defined as the moral principles and values that govern a person’s behavior or the conduct of activity. The basic concepts and fundamental principles of decent human conduct. It includes study of universal values such as the essential equality of all men and women, human or natural rights, obedience to the law of land, concern for healthy and safety and, increasingly, also for the natural environment. Meanwhile, ethical behaviour is the exhibition of decent human conduct with morality while demonstrating respect in ways consistent with society values which tends to be good for business. Perhaps,

It is sometime suggested that CSR activities are increasing strategic in that it affects that core business of the firm and its growth, profitability and survival? Drawing on an example of a corporation/company (National/ International), discuss this in the context of business strategies, in particular on the issues of competitive advantage and firm performance.

CSR ARE A COMPANY’S FRAMEWORK WITH EXPECTATIONS AND DEMANDS OF STAKEHOLDERS-NOT ONLY CUSTOMERS AND INVESTOR, BUT SUPPLIERS, EMPLOYEES AND SOCIETY ( BEAL, 2013)

These three strategic components can lead to successful CSR practices that improve the company’s image and profits, satisfy its stakeholders, and make a positive difference with regards to its social or environmental concerns. While the definition of CSR varies within the literature, I suggest that a customized CSR process that incorporates CSR fit, stakeholder engagement and strategic communications will lead to successful CSR practices.

With an ever increasing quantity of business people and investors becoming more and more conscious of stakeholder welfare and their social responsibilities, engaging in CSR appears to be an economically sound choice, not only for investors with a conscience, but also to attract and retain employees with good qualifications who would compare working conditions and ethical conditions with other firms. (Is CSR the privilege of Developed Market Economies?)

Business is all about measurement and goal setting. CSR, in so far as it attempts to effect behavior of both internal and external audiences, can be an elusive element to put into an Excel spreadsheet. It’s also something where change occurs over years, rather than over night. One may replace lighting fixtures in a warehouse to improve efficiency and reduce energy use as part of a policy of environmental stewardship which may be a part of a larger CSR program, but even then it can take months or even years to see that investment pay off in lower lighting bills and decreased energy usage.

Taylor (1975), defined "ethics as the inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct". Based on this definition, business ethics can be said to rely on individuals and the business to adhere to high moral principles and judgements. The incorporation of ethics in an organization business values and strategy enables social corporate responsibility to be ingrained in their daily decision making.

Lastly the International Guidance Standard on Social Responsibility defined CSR as “… the responsibility of an organization for the impact of its decisions activities on society and environment, though transparent and ethical behaviour that a) contributes to sustainable development, health and welfare of society; b) takes into account the expectation of stakeholders; c) is in compliance with applicable law and consistent with international norms of behaviour; and d) is integrated though the organization and practised in its relationships” (Blowfield and Murray, 2011).

In the interviews with the five managers, the research found three made reasons being posited for engaging in CSR. These are similar to what Kytle & Ruggie (2005) indicates in his study. The three reasons are discussed below: