We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Social Responsibility Essay Sample

essay
  • Pages: 2
  • Word count: 284
  • Rewriting Possibility: 99% (excellent)
  • Category: ethics

Get Full Essay

Get access to this section to get all help you need with your essay and educational issues.

Get Access

Introduction of TOPIC

1.What role does corporate reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not? Corporate Reputation is particularly important when considering the role that it plays regarding organizational performance and social responsibility. A company’s overall success or demise mainly relies on its reputation. In Business Ethics, corporate reputation is defined as “one of an organization’s greatest intangible assets with tangible value”(Ferrell, 2011). This meaning that although sometimes a company’s reputation may be unwritten, the value of it is obvious. There are many different factors that could be listed when discussing the characteristics stakeholders may use when determining the reputation of a company.

Some factors that stakeholders may use are listed as follows: Strong Ethical Bearing-The company conducts itself in an ethical manner at all times Excellent Employee Relations-Employees are respected and treated well Welcoming Workplace-The workplace environment is that of a clean and safe manner Items of high quality-Company produces only the best quality of products Management-Managers within company realize the ideals and values of the company thus employing them down the chain Financially Sound-The company has strong stabilized financial records Social Responsibility-The company has strong ties within the community it resides The factors above are not always consistent with all stakeholders because each individual stakeholder has his or her own perceptual view of what is needed in each individual company to have a strong reputation. “Stakeholders who are most directly affected by negative events will have a corresponding shift in their perceptions of a firm’s reputation”(Ferrell, 2011).

We can write a custom essay on

Social Responsibility Essay Sample ...
According to Your Specific Requirements.

Order an essay

You May Also Find These Documents Helpful

Business Ethics - International Trade Administration

As experts in business ethics, your expertise can be used to help breakdown a situation good or bad. In situations we can come in and erase the bad and replace with good or simple reinforce the good that is being done. In this case, we will be doing a lot of erasing for many reasons. This branch of the bank was not doing what it was supposed to in regards to protecting itself and following the country’s banking laws. “The actions cited included failing to put in effect measures to prevent money laundering, overcharging customers for financial derivative products and making loans that helped clients carry out a variety of improper deals, regulators said.” Acts like this are major unethical decisions that should never be made by employees of a bank. Such movements open up themselves as employees and the company to major back lash and trouble. All of that...

Ethical Issues in Business

Ethics is an area of study that deals with ideas about what is better and worse behavior. McDonald’s business is being governed by a clear code of ethics. Their staffs are committed and follow on its implementation. It is a promise to abide by the standards of business conduct. They promise to uphold integrity. Ethics is about our actions and decisions, Right vs. Wrong. The code of ethics of McDonald’s also pledges to resolve any private or public issues related to that of economic, political, social, financial and environmental problems (McDonald’s Corporation, 2006) Public ethics are what a person or a company claims or express publicly to others about its underlying values, intentions and motivations in a particular situation. Private ethics are the values, intentions and motivations of a person. Public and Private ethics may be the same, or they may be different. On the economic gains, McDonald’s has the...

Euthanasia: Ethics of euthanasia

The Ethics of Euthanasia Morality refers to the determination of right or wrong as upheld by a particular society or group of individuals. The contemporary moral issues related to the current problems that are of controversial nature and in which the community is evenly divided on the opinion they hold of right or wrong. Utilitarianism is one such concept in the field of normative ethics for the purposes of quantifying or justifying the moral standing of an issue within a community. Utilitarianism is a principle proposed by Jeremy Bentham and John Stuart Mill in the 18th century leading to an early 19th century (Hinman 34). The law implies that an action is right if a majority of the people affected by it derive benefits from the work while an action is wrong if it will hurt more people. The pillars of measuring utilitarianism are intensity, duration, certainty or uncertainty, propinquity,...

Popular Essays

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?