Introduction The article “The Truth About CSR” by Kasturi Rangan, Sohel Karim, and Lisa Chase explains why companies should design appropriate CSR that support their business models. This review focuses on the best approaches to dress Corporate Social Responsibility (CSR) as vital business tool. The targeted article supports the importance...
The main crux of the article “The Case against Corporate Social Responsibility” is Karnani’s view that when it comes to a choice between profit or acting for the benefit of the general public, competent CEOs would always choose profit. Karnani presents the notion that since corporations are primarily profit-driven entities,...
Introduction The focus of the study is to analyze the significance of ethics in organizational behavior. Organizations often develop unique cultures that define how employees undertake their duties, relate with one another, and how customers are handled. Ravasi and Schultz (2006) say that organizations that fail to develop a culture...
Understanding the basics of corporate social responsibility (CSR) and the involvement of companies in it are useful aspects of the activities of corporations and the state. The United Arab Emirates understands, appreciates, and supports the principles of CSR. Even a small contribution of each company to the development of society...
Many companies have used corporate social responsibility (CSR) for different reasons. CSR has been used to address cultural, ethnical, and political issues all around the globe. Companies usually develop a CSR policy that acts as a guide to the type of CSR the company engages in to keep tabs on...
Introduction Today, more than ever before, it is becoming increasingly impossible to overstate the assertion that there exists a business case for business ethics and corporate social responsibility (CSR) owing to their immense contribution to firm competitiveness (Vogel, 2005). Indeed, as suggested by Vitell and Hidalgo (2006), many business executives...
Businesses have had various ethical issues and problems as far as their operations are concerned. In this case, there is a need to understand the ethical and moral issues that businesses are currently exposed to. This means that there are various differences that need to be understood. As a matter...
Morals are values and character that a person holds. These values can be applied in the workplace since it is a social setting (Fredrick, 2002). This is where ethics comes in. It implies the standards and expectations of a group towards the individual who holds these moral values. Ethics applies...
Introduction Ethics and morality are two aspects of business operations that are vital to the success of any business from the owner’s perspective and that of the public. Before distinguishing the two terms, it is worthy to note that ethical business norms have been evolving ever since man discovered the...
Introduction Reports on corporate social responsibility usually contain recent publications on an organization’s sustainability initiatives as well as non-monetary corporate accountabilities. In fact, the pages on corporate social responsibility (CSR) reports of any corporation normally file the entire media bulletins that are linked to various publications (Boubaker & Nguyen, 2012)....
The fast growth in science, technology, economy, and politics has made ethics and professional standards an important issue which raises the concerns of the public. Ethics and professional standards refer to how an organization combines its core values with its business policies and practices. Ethics and professional standards form the...
Summary Corporate social responsibility may be described or referred to as the unspoken contract, which exists between a business society and society. This relationship is based on the kind of business that organizations operate within a given society. It is worth appreciating that corporate social responsibility is an important aspect...
Summary Social responsibility is a strategy used by organizations that focuses on fulfilling the economic, legal, ethical, and philanthropic responsibilities expected by its stakeholders (DuBrin, 2009). Social responsibility has many benefits for both the organization and its stakeholders. Some of these benefits include; enhancement of trust in the company’s stakeholders,...
Evaluation of company Q’s attitude toward social responsibility Company Q’s attitude towards social responsibility can be described as negative. It is clear that the company is highly sensitive to its performance and almost all of its efforts are directed towards profitability. Theoretically, corporate social responsibility concerns a company’s ability to...
