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- Is it ethical and socially responsible for large corporations to lobby against an SEC rule requiring that they report the ratioof their CEO's pay compared to that of their average employee. Discuss?Under the concept of social obligation, the organization does what is required by. In Hong Kong, a company that does NOT discriminate people in hiring andpromotion based on gender and ethnical background is generally meeting its social.(a) Stakeholders; requirements(b) Shareholders; screening checklist(c) the society; responsibility(d) Law; obligationManagement Ethics’ is related to social responsiveness of a firm. It is the discipline dealingwith what is good and bad, or right and wrong, or with moral duty and obligation. It is astandard of behaviour that guides individual managers in their works. In view of this:a. Explain what is meant by organizational stakeholders, providing TWO (2) examples ofthis.b. Identify the FOUR (4) strategies for managing stakeholders and explain what eachapproach entails.c. Identify and explain THREE (3) ways in which companies can manage ethics byestablishing a corporate culture that emphasizes ethical behavior.
- A. what is "Concept of public good" for you.Explain.wwhat are the various reasons and circumstances that may lead an organization to make the decision to demote employees to positions at a lower level within the company?". wwhat role does performance management play in supporting succession planning efforts?
- 3. Analyze and evaluate the impact and the consequences of ethical issue on the Apple Company's image and perception of the MNE’s stakeholders.Corporate social Responsibility is an organization's obligation to minimize positive stakeholders benefits while minimizing the negative effect to it action. Using any organization of your choice evaluate social corporate responsibility of the organization to respect to staff development, equal opportunity statements, written antidiscrimination policies, commitment to reporting on CSR policies, for ristricting child labor by suppliers, policies on fair trade, commitment to protection on local community. Discuss?ETHICAL MOMENT Ethics and the Natural Environment One of the key challenges facing everyone today is how to best manage the environment and the earth's limited natural resources. Pollution, climate change, and other environmental challenges require individuals, companies, and countries to make difficult choices. As companies develop and implement a strategic environmental strategy, the impact can be felt throughout the organization. From the office to the production floor companies look to be more energy efficient, more "green," and better resource managers. Sales may not spring to mind when considering the impact of environmental issues on an organization, but in fact a company's environmental strategy impacts the sales force and, more specifically, sales managers in many ways. For example, as organizations look to reduce their carbon footprint they seek alternatives to having a salesperson use cars and other transportation to meet with the customer. In some cases, outside sales…
- GIVE FEEDBACK ON EACH NUMBER SUBJECT: SOCIAL RESPONSIBILITY/ETHICS 1. Code of conduct - It tells what to do and what not to do for thewelfare of the society. It is the code of conduct which businessmen shouldfollow while conducting their normal business activities. 2. Based on moral and social values - It contains moral and socialprinciples of conduct for businessmen. This includes self-control,consumer protection and welfare, service to society, fair treatment tosocial groups, and not to exploit others. 3. Gives protection to social groups - Business ethics give protection todifferent social groups such as consumers, employees, small businessmen,government, shareholders, creditors, and other stakeholders. 4. Provides basic framework - It suggests legal, social, moral, economicand cultural limits within which business has to be operated. Businessmust be conducted within these limits. It suggests what is good and whatis bad in business.a) What does stakeholder mean? Who are the stakeholders of a business? b) Just think about the relationship between these concepts: business ethics, sustainability and stakeholders. (While thinking, please do not neglect what sustainability means.)1. Identify any THREE (3) characteristics of the public sector. Proposed answer: Brief introduction. Characteristics of the public sector: - neutrality -structure - power - activities - supervision - personnel - any other relevant points. (select any 3 points, elaborate and provide relevant examples) Brief conclusion.