8/19/2019 Why to be CSR and behave ethically.docx

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Why to be CSR and behave ethically?

CSR is now more corporate looking for it because that found that they can not survive without the society

support. Just like a single human can not survive without food and water. CSR is vital in corporate. For

instance, a non-ethical company using poisoned water recourse to make the drinks, and they try to cover

it up instead of use other recourse because it will cost them more money. Then, it has end up with some

lawsuits and banded for sales. In order to be success in the businesses, it must meet the expectations

from the society.

How do management ethics relate to Corporate Social Responsibility (CSR)?

The management¡̄s core ethical values and standards should underpin everything that it does and the

way its employees conduct their everyday business. Management ethics is about "doing things ethically".

How an organisation approaches the social and environmental impacts of its business operations and its

voluntary contribution to the wellbeing of the global and local communities in which it operates, is often

known as Corporate Social Responsibility (CSR); it is often about "doing ethical things".

Ethical and socially responsible practices are important in relation to various aspects of organizational

effectiveness such as quality,communication, profits, competitiveness, survival, efficiency, and

stakeholder satisfaction. Based on past literature that emphasizes cultural factors, corporate culture, and

individual characteristics, the cross-cultural variation in marketers perceived importance of ethics and

social responsibility in achieving organizational effectiveness is explained by country differences

(including cultural differences and differences in the economic environment), organizational ethical

climate, and selected demographic characteristics of individual marketers.

There are several reasons to support the importance of social responsibilities. It is related to the ethicalresponsibility, and differentiates into difference level of social responsibilities, which is economic, legal,

ethical, and discretionary responsibilities. There are six main areas of social responsibility, the employees,

providers of finance, consumers, community and environment, government, and other organizations or

groups.

The advantages and important of social responsibilities are being discussed here. This action would be

taken by some organization base on their view. To have social responsibilities, the suppliers, business

associates, and customers would be more confidence on the organization. So, the products and services

of the organizations increase and lead to maximize profit. The model is more sustainable because social

responsibility becomes an integral part of the wealth creation process - which if managed properly should

enhance the competitiveness of business and maximise the value of wealth creation to society.

There's nothing to say that a company that is highly socially responsible today may not become less so

tomorrow. It's a little like physical exercise.