Ethics Reflection Paper Essay Example | Topics and Well Written Essays - 1000 words

Ethics Reflection Paper - Essay ExampleThe stakeholders argon any persons dealing with the company right away and indirectly from its work force, clients and the general public in which the organization operates. The organization ensures the development of estimable guidelines and standards, and its implementation followed by each and every member of the organization. This crapper be done done training and cultivation of an ethical culture, which would enable the satisfaction of each and every stakeholder. Good ethical principles in an organization outgrowth customer satisfaction and remembering translating into better financial standings at all times, with healthier profit margins. There is also better retention of employees and customer trustingness from the public and regulatory authorities, which is suitable for business. High ethical standards can be achieved through strategic planning and development of an ethical oriented business culture. This is through training and r einforcement of ethical codes of conduct by policies and regulations in an organization. Corporate social responsibility has become an integral part of the business organization strategic planning tool. ... CSR plays a crucial role in the long term premeditated setting up of a business in the recruitment and retention of competitive employees (Habisch, 2005). An exemplary corporate social responsibility policy that focuses on stakeholder satisfaction improves an organizations perception by potential recruits and employees, which also boosts productivity and efficiency in organization operations. Strategic planning in managing potential risk from corruption, health outrages and environmental accidents has been the greatest task in business organizations (Eisingerich & Ghardwaj, 2011). A crisis can bring reputable organizations down from the effects of lost customer confidence, which results in low sales. However, social responsibility policies implemented to prevent any scandal eme rging in an organization helps in strategically avoiding this. Corporate social responsibility also gives an organization a competitive edge over its competitors in the international markets through customer satisfaction and loyalty. Comprehensive customer responsibility policies also open up more markets through fewer legal hindrances to operate. This is because governments are increasingly giving health safety and environmental conservation priority when licensing new organizations. Discuss how your ethical perspective has evolved throughout the UOP MBA program The MBA program has changed my ethical perspectives approach to management, obligations to self, society, and means to achieve personal and organizational goals. Ethics and social responsibility training expose people to different and varied ways of end making, management, and strategic