Ethical Principles of Responsibility and Accountability
To begin with, what does business ethics mean? Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or. As a small business owner, you want to make a profit. As a moral person, you want to contribute to positive change. Your business can be the. Ethics and social responsibility are important to both businesses and guiding principles that help each one of us determine what is right and.
Every individual has a responsibility to act in manner that is beneficial to society and not solely to the individual.Aristotle & Virtue Theory: Crash Course Philosophy #38
The theory of social responsibility and ethics applies in both individual and group capacities. In the larger, group capacity, a code of social responsibility and ethics is applied within said group as well as during interactions with another group or an individual.
Businesses have developed a system of social responsibility that is tailored to their company environment. Maintaining social responsibility within a company ensures the integrity of society and the environment are protected.
Social Responsibility and Ethics | Who Is Responsible And Why? | Pachamama Alliance
This frequently manifests itself in companies that attempt to cheat environmental regulations. When this happens, government interference is necessary. Unfortunately, social responsibility and ethics are often not practiced by American companies outside of U.
Our partnership between the indigenous Ecuadorian tribe, the Achuarbegan when they recognized the imminent threat of oil drilling in their home. This tribe, hidden deep in the Amazon forest, has inhabited this area for thousands of years and is at risk of total destruction.
Business Ethics and Social Responsibility
Starbucks followed up by closing all of its shops for a time and the company then trained their thousands of employees in how to be racially sensitive to customers.
Numerous organizations have created guidelines for ethical behavior for companies, regardless of the size of the business. Social Responsibility A key part of ethical responsible business is finding ways to minimize any negative social impacts along the entire supply chain of your operations.
This may mean sourcing materials to avoid goods associated with egregious harm, such as diamonds mined by brutal warlords, clothing made in unsafe sweatshops or soccer balls stitched by year old children.
You can work with suppliers that take a conscientious approach to procuring goods; buying goods that have third-party certifications or avoid products identified as questionableor by visiting supply facilities directly to assure yourself that they are operating in a responsible fashion. Environmental Responsibility Ethical responsibility also entails protecting the environment, both locally and globally.
Set goals for reducing your greenhouse gas footprint, avoid using toxic chemicals whenever possible, and learn where your materials come from and how they are produced.
If you serve coffee, for example, does the coffee from clear-cut farms that destroyed precious rain forest lands, or was it grown sustainably in a manner that protects local forests, birds and wildlife? Consider the entire lifecycle of the products you sell: Can your products easily be recycled at the end of their useful life, or will they end up in a landfill?
Workplace and Community Responsibility Your own operations and those of your supply chain should adhere to high standards in the workplace, and in the surrounding community.
- Ethical Principles of Responsibility and Accountability
- What Is the Meaning of Ethical Responsibility?
Workers should be safe from occupational hazards, and should be afforded dignity and opportunities for advancement, and also should be paid a living wage.