What should be the most important driver of business ethics(responsibility)or profit – Essay Example

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It will also pertain to the important areas which were left unexplored in the past but now require more care and consideration. Hence it is an understanding that looks at the environment surrounding the business more than anything else, which indeed is a step in the right direction. Whenever a business is going through a difficult time, it is always to choose the corporate social responsibility angle because it ensures that the business is geared to achieve its results and move ahead at full speed, without much fuss. The difficult times call for drastic actions on the part of the people who matter the most within an organizational setting.

These include the top management hierarchies who would go to any level to guarantee that the business is running smoothly and without too many issues at its end. It will also be the cornerstone of making a profit and having a good opinion about its existence, where the latter rests solely on the shoulders of the corporate social responsibility paradigm. It will save the business from a quick death yet the process will continue to bring in the much needed changes and alterations (Sims, 2003).

It is a well-known fact that the corporate social responsibility domains shall always bank upon issues which are inclusive of the business though not being directly attached with it in one way or the other. The need is to discern how the business shall attain an advantage with the linkage available for the players who fall outside the line of business. Indeed the environment gets the benefit out of the related equations which speaks well for the business quite often.

When such issues take place, it is always a good idea to get back to the drawing board and measures the shortfalls alongside the positives that can be drawn. How the top management concerns within the organizations see corporate social responsibility is another perspective. It is because corporate social responsibility aims to find the solutions to the business in the wake of its growing support as well as preparing for the bad times ahead. It is always a good idea to have a proactive approach towards the negativities that might encircle the business in one way or the other.

The top management ranks are prepared to combat the difficulties and this is the reason why they always find a way or the other to make sure that the corporate social responsibility realms are managed in an effective and efficient way (Hawkins, 2006). This is the basis of knowing where the business can gain an edge and where it might just fall short of the expected count.

Bibliography

Brotherton, P., 2000. HR Efficiency without the Hassles. Black Enterprise, 31

Buchholz, R., 2000. Rethinking Business Ethics: A Pragmatic Approach. Oxford University Press

Ferrell, O.C., Fraedrich, J. & Ferrell, L., 2008. The Importance of Business Ethics. In G. Hoffman, ed. Business Ethics Ethical Decision Making and Cases. 7th ed. Boston: Houghton Mifflin Company. pp.17-19.

Husted, B., 2006. Corporate Social Responsibility in the Multinational Enterprise: Strategic and Institutional Approaches. Journal of International Business Studies, 37

Kline, J., 2005. Ethics for International Business: Decision Making in a Global Political Economy. Routledge

Lefkowitz, J., 2003. Ethics and Values in Industrial-Organizational Psychology. Lawrence Erlbaum Associates

Hawkins, D.E., 2006. Ethical trading. In Corporate Social Responsibility. New York: Palgrave Macmillan. p.76.

Siegel, D.S., 2006. Three Lenses on the Multinational Enterprise: Politics, Corruption, and Corporate Social Responsibility. Journal of International Business Studies, 37

Sims, R.R., 2003. Ethics and Corporate Social Responsibility: Why Giants Fall. Praeger

Velasquez, M.G., 1998. Business Ethics Concepts and Cases. 4th ed. Upper Saddle River: Prentice Hall.

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