You are a manager in a large, global manufacturing and services organization. You're trying to explain to your grandfather how different your job is from his. You both know how society has changed and you want to explain how that has changed management.
I need to post some thoughts on how management has changed with respect to one of the following areas:
The outside environment
Corporate responsibility and ethics
Society and trends (such as diversity)
I will talk about corporate responsibility and ethics...
Business ethics is the branch of ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. In recent times, this word has been referred to as an oxymoron. It is clearly good that businesses should seek to minimize their negative social and environmental impact resulting from their economic activity. Some of the variables considered by Business Ethics in coming up with its list are
2. Community relations
3. Employee relations
4. Share holders
3. Customer relations
4. Non U.S. stakeholders
5. Minorities and Women
The corporate's social responsibilities encompasses:
* The ...
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