1,884
23
Essay, 2 pages (300 words)

Business ethics, social responsibility assignment

Ralph Ender proclaims that organizations have tremendous social obligations 0 Milton Friedman asserts that have no obligation to do any more for society than is legally required 10-12 Social Policy 0 Social policy 0 concerns what responsibilities the firm has to employees, consumers, environmentalists, minorities, communities, shareholders, and other groups 0 Firms should strive to engage in social activities that have economic benefits Employees, consumers, governments, Ana society are especially resentful of firms that harm rather than protect the natural Conversely people today are especially appreciative of firms that conduct operations in a way that mends, conserves, and preserves the natural environment 10-14 10-15 Lack of Standards Changing Uniform standards defining environmentally responsible company actions are rapidly being incorporated into our legal landscape It has become more and more difficult for firms to make “ green” claims when their actions are not substantive, comprehensive, or even true Managing Environmental Affairs in the Firm 0 Environmental strategies can include: 0 developing or acquiring green businesses 0 divesting or altering environment-damaging businesses 0 striving to become a low-cost producer through waste minimization and energy conservation 0 pursuing a differentiation strategy through green-product features 10-17 Reasons Why Firms Should “ Be Green” 1 .

Consumer demand for environmentally safe reduces and packages is high. 2. Public opinion demanding that firms conduct Dustless In ways Tanat preserve ten natural environment is strong. 3. Environmental advocacy groups now have over 20 million Americans as members. 4. Federal and state environmental regulations are changing rapidly and becoming more complex. 10-18 5. More lenders are examining the environmental liabilities of businesses seeking loans. 6. Many consumers, suppliers, distributors, and investors shun doing business with environmentally weak firms. 7. Liability suits and fines against firms having environmental problems are on the rise.

Be Proactive, Not Reactive 0 A proactive policy views environmental pressures as opportunities and includes such actions as developing green products and packages, conserving energy, reducing waste, recycling, and creating a corporate culture that is environmentally sensitive.

Thank's for Your Vote!
Business ethics, social responsibility assignment. Page 1
Business ethics, social responsibility assignment. Page 2
Business ethics, social responsibility assignment. Page 3

This work, titled "Business ethics, social responsibility assignment" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Essay

References

AssignBuster. (2021) 'Business ethics, social responsibility assignment'. 29 December.

Reference

AssignBuster. (2021, December 29). Business ethics, social responsibility assignment. Retrieved from https://assignbuster.com/business-ethics-social-responsibility-assignment/

References

AssignBuster. 2021. "Business ethics, social responsibility assignment." December 29, 2021. https://assignbuster.com/business-ethics-social-responsibility-assignment/.

1. AssignBuster. "Business ethics, social responsibility assignment." December 29, 2021. https://assignbuster.com/business-ethics-social-responsibility-assignment/.


Bibliography


AssignBuster. "Business ethics, social responsibility assignment." December 29, 2021. https://assignbuster.com/business-ethics-social-responsibility-assignment/.

Work Cited

"Business ethics, social responsibility assignment." AssignBuster, 29 Dec. 2021, assignbuster.com/business-ethics-social-responsibility-assignment/.

Get in Touch

Please, let us know if you have any ideas on improving Business ethics, social responsibility assignment, or our service. We will be happy to hear what you think: [email protected]