Corporate Social Responsibility Of A Business Essay examples

1398 Words Dec 6th, 2015 6 Pages
Ethics represent moral judgments about what is right or wrong. In a business, the company decides upon the ethics with regard to the decisions it would take. The corporate decisions involve business ethics and the corporate social responsibility and comprise environmental stewardship, fair labor practices, accurate accounting, reputation management, as well as corporate governance. As such, the business ethics field is concerned with the scope of responsibilities for all its stakeholders. The corporate social responsibility is concerned with the welfare of a society thereby making the society’s health and the long-term corporate interests the interest of managers. Therefore, in the production of goods and services, an organization should do so in an ethical manner, which causes no harm to its stakeholders or the environment it operates in (Hartman & DesJardins, 2008). This paper seeks to expound on the function of corporate social responsibility of a business, the arguments for and against the practice as well as its critiques.
Corporate Sustainability
Corporate sustainability is a philosophical trend in the social responsibility of a business that is based on the notion that a company that makes it its main goal to help the society would reap success. Companies can thus solve the society’s problems through creating products that fulfill both the business and society’s need. For instance, after the 9/11 attacks, companies such as Wal-Mart, Honda, and Procter & Gamble donated…

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