Ethics and Social Responsibility.The Role of Ethics in Strategic Planning (Essay Sample)
a 700-word report in which you address the following:
Define and explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.
Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and identify what types of preventative measures could be taken to avoid this type of situation.
Cite 3 scholarly references,
Ethics and Social Responsibility
Ethics and social responsibility
Successful companies strive to maintain integrity in all their business dealings; these companies consider ethics and social responsibility as core activities within their strategic plans. Companies believe that ethics and social responsibility come first before profit; hence they ensure that adequate policies are in place to maintain their integrity. Ethical standards are important because they guide the company, giving it a sense of direction and a framework of operation.
Ethics, as defined by Andre and Velasquez are the measures used to determine the standard of right and wrong action.
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