Mgt 498

In: Business and Management

Submitted By AKOntiveros
Words 748
Pages 3
Aydee K Ontiveros Ethics and Social Responsibility University of Phoenix March 25, 2013 Robin Sully

Ethics and Social Responsibility Ethics can be a very tricky subject to explain because what can be ethical for one company may be unethical for another. A very quick example of different ethical acceptance in a company is Nike in China its ethical for Chinese to employee children in the factories as for here in the United States that is not only unethical but also illegal as well. Also it is important to understand that just because it is legal do not mean it can be ethical. Social Responsibility and Ethics go hand in hand they both involve knowing what is right or wrong and doing what is right. But in dealing with business ethics the right thing might not be so straightforward in many occasions the biggest dilemma in a business ethics are not only should Joe still from Jim or should Jim lie to his supervisor. Many times based on the individual moral principles is easy to do what is ethical and social responsible. In a Strategic Planning When a corporation makes a decision, they need to realize that the decision they are making is not only affecting the company itself, but it also affects the stakeholders, the employees, and at times even public communities around them. Therefore, when it comes to strategic planning even if, they are press for time the corporation must be careful and slowly analyze the results of any decision taken before making a…...

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