Corporate Sustainability

1186 Words 5 Pages
The chapter is about corporate social responsibility, ethics and sustainability. The corporate social responsibility is managerial obligation to take action that protects and improves the welfare of the society and the origination interest. Ethics are the principles by which people distinguish what is morally right. Sustainability is, an organization’s ability to meet its present needs without compromising the ability of future generations to meet their needs. The Davis model of corporate social responsibility asserts that 1. Social responsibility arises from social power. 2. Business shall operate as a two-way open system. 3. Cost and benefits of a product should be considered when deciding whether or not to proceed. 4. Cost can be passed …show more content…
This concept is new learning materials to me. How supervisor can meet the challenges to ethical behavior? The code of ethics is good starting points. Figure 4.2 , page 102 of the text book give good example. This is my first exposure to example of company statement of beliefs. I agree the honesty is one of the most important quality. The several countries corruption perception index caparison graph (figure 4.3) is very interesting and reflect the important of honesty. It may reflect the county’s image. New Zealand and Denmark citizens must be proud about their country. I have a lot of experience living with corrupted environment. Still corruption level is very high my country. Fortunately now I am living the USA which has only 7.3 Corruption Perception …show more content…
Express honesty and act honesty will encourage the employee to practice the similar values.

6. In each of the following situations, what would have been the ethical thing for the employee or supervisor to do? What criteria did you use to decide? What would you have done in that situation? Why?
a. Upon being hired, a new employee offers his supervisor confidential information about his former employer 's marketing plan for a new product. The two companies have competing product lines.
First supervisors ask is there any legal or ethical commitment with previous job. Most of the time the new employee may has committed not to declare sensitive information. Then supervisor can start the conversation and kindly explain the unethical to disclose those information and discourage his/her attempt. Also explain according the current company it is not ethical and violate the norms.

This situation is questing about new employee’s honesty. He loose his/her trust with the supervisor. It is like steeling (information) from that company. As a supervisor now I have to think twice about the new employee. I will not put him to information sensitive places to work. I will monitor him very closely during probation period. At the same time I will empower him/her with company ethics like trust, loyalty and

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