What are examples of effects that legal issues, ethical and corporate social responsibility have on management?© BrainMass Inc. brainmass.com June 4, 2020, 3:40 am ad1c9bdddf
Management has to take accountability in each of the areas listed. There are various costs associated with each area. Legal issues have various effects on management. Management must ensure that the company is continually in compliance with all relevant laws and regulations. These include laws and regulations related to production, human resources, and other areas. If management fails to comply, legal issues will ensue, which will be a drain on time and resources for the company. In addition, it will work to create a negative public image, which would be detrimental to profits.
Ethical issues affect management in ...
This solution discusses several examples of effects that legal issues, ethical issues, and corporate social responsibility have on management. A thorough discussion is provided. Includes 3 references.