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.
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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...