MGT 498 Ethics and Social Responsibility Assignment

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Cnavp2911

Business Finance

Description

Purpose of Assignment

The purpose of this assignment is to help students understand the influence that ethics and social responsibilities have on the strategic planning process.

Assignment Steps

Write a 700-word report in which you address the following:

  • Define and explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.
  • Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and identify what types of preventative measures could be taken to avoid this type of situation.

Cite 3 scholarly references, including at least one peer-reviewed reference from the University Library.

Format your paper consistent with APA guidelines.

Unformatted Attachment Preview

Ethics and Social Responsibility Grading Guide MGT/498 Version 4 Strategic Management Ethics and Social Responsibility Grading Guide MGT/498 Version 4 Individual Assignment: Ethics and Social Responsibility Purpose of Assignment The purpose of this assignment is to help students understand the influence that ethics and social responsibilities have on the strategic planning process. Resources Required Textbook Chapter 13 Week 2 Electronic Readings: • Bonn, I., & Fisher, J. (2005). Corporate Governance and Business Ethics: insights from the strategic planning experience. Corporate Governance: An International Review, 13(6), 730-738. Week 2 Electronic Reserve Readings Video: • University of Notre Dame, 1997: Business Ethics: Truth in Advertising (29:03). [Video File]. Films on Demand. Grading Guide Content Met Partially Met Not Met Total Available Total Earned 5 #/5 Partially Met Not Met Comments: Student defines and explains the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Student includes at least one example of a company overstepping ethical boundaries for stakeholder agendas, and identify what types of preventative measures could be taken to avoid this type of situation. The paper is 700 words in length. Writing Guidelines The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Met Comments: 2 Ethics and Social Responsibility Grading Guide MGT/498 Version 4 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 2 #/2 7 #/7 Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3
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Explanation & Answer

Hi, kindly find attached

Running head: ETHICS AND SOCIAL RESPONSIBILITY

Ethics and Social Responsibility
Student’s Name
Institution
Date

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ETHICS AND SOCIAL RESPONSIBILITY

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Ethics and social responsibility
Social responsibility refers to how a business or an institution carries out its activities to
meet the greater obligations towards its environment and the society at large, by evading all events
that can be harmful to the business. Ethics are the basic principles of a person or a particular group.
Strategic planning is a critical step in any business that is mainly conducted by the senior managers
of a company. Without a strategic plan, a store cannot carry out its activities well. However, ethics
and social responsibility are a vital element in an organisation for they promote its identity. In all
commercial marketplaces, all organisations are expected to carry out their activities by observing
all the ethics and in a manner that shows the social responsibility of a business. When structuring
a strategic plan, an organisation should alw...


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