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Business Administration and Corporate Social Responsibility

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Q1) If you were to design corporate social responsibility for your an airline organization; what would it be? How would you implement it?

Q2) Why is it important to have a well defined set of business ethics?

Q3) "Describe different types of economic systems and organizational structures and explain the pros and cons of each".

Q4) Managers' role and responsibilities are more dynamic today as they have to respond to the ever changing environment of business in 21st century. Do you agree with the statement? Give examples and facts to prove your answer.

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Solution Summary

This solution provides a detailed discussion of the given business ethics questions.

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If you were to design corporate social responsibility for your an airline organization; what would it be? How would you implement it?

If I were to design corporate social responsibility program for an airline organization I would focus on harmful effects of airline transportation on nature and natural sources. For example I would take precautions to decrease the carbon emissions of the plane fleet by finding ways to increase the fuel efficiency. In order to implement it I can encourage the purchase of planes that have more fuel efficient engines or try to increase the number of passengers on a route carried by one aircraft. I can also invest in technology to implement filters or special instruments to each aircraft in order to decrease the CO2 emissions to the atmosphere.

Why is it important to have a well defined set of business ethics?
Because a responsible business company should establish appropriate standards of conduct for its employees and agents and foster reasonable expectations among its stakeholders. Besides a well-designed implemented business ethics program can provide all members of a company with the guidance and ...

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