Description
IV. Decision Making
- Decisions: Based on the potential business ethics and regulatory issues that you previously described, what are the business decisions that you will need to make? What processes will be used to make these decisions?
- Culture: How will these decisions and processes impact business sustainability and elements of corporate culture such as corporate citizenship, philanthropy, community involvement, the environment, and causal support?
- Stakeholders: How will stakeholder groups be affected by these decisions and processes? For example, will any groups be alienated?
V. Impact
A. Community: Evaluate how the business ethics and regulatory issues that you previously described will impact the community served by your business or the community where your business is located. Support your response with research in best practices in CSR.
B. Global Environment: Evaluate how the business ethics and regulatory issues that you previously described will impact the global environment of your business. Support your response with research in best practices in CSR.
Guidelines for Submission:
Your paper must be submitted as
8-10 pg Microsoft Word document with double spacing, 12-point Times New Roman font, one -inch margins, and sources cited in APA format.
Explanation & Answer
COMPLETE. Kindly confirm and let me know if you have any question
Running head: DECISION MAKING AND IMPACT
Decision Making and Impact –Target Inc.
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DECISION MAKING AND IMPACT
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IV. Decision Making
The ethics and regulatory issues that Target Inc. needs to make
Business ethics and regulatory issues comprise a broad range of ethical and moral
principles which arise in the environment of the business (McWilliams and Siegel, 2001). The
ethics and regulatory matters include actions of individuals within the organization and the
positions and activities of the company on ethical issues. While complying with regulations and
laws as well as maintaining high standards of ethics are critical for all organizations,
manufacturing companies such as Target Inc. face extra problems because of the possibility to
harm customers as well as the workers (Elkington, 2004). Since Target Inc. operates in the line
of manufacturing, the potential that its goods are unsafe for the consumers and the possibility of
injury to employees is always present. Executing controls, policies, and procedures to minimize
these risks is a legal requirement as well as ethical. The business decisions which Target Inc.
need to make include:
Going Green
Many organizations have decided to be part of solving environmental problems and
challenges by making the decisions of going green (Minor, 2009). Office recycling and reuse are
essential for Target Inc. Therefore, the employees of Target Inc. can assist minimize
environmental pollution and waste by reusing and recycling bottles, cans office papers as well as
other reusable materials. Target Inc. need to go beyond primary recycling, and it should provide
extensive recycling and reuse programs, enabling workers to recycle or reuse every waste from
the battery to computers tools. Target Inc. should make decisions to assist the environment by
DECISION MAKING AND IMPACT
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developing principles to minimize consumption of resources and reduce company waste
(Argenti, 2002). Target Inc. should purchase recycled or organic items, utilize refurbished office
supplies or set times to switch off lights at the appropriate time of the day.
Safe Manufacturing Environment
Target Inc. should focus on a safety and secure workplace (Rayner, 2001). In Target Inc.,
the presence of raw materials and machines force enough safety rules and regulations both
ethically essential and legally mandatory. In addition to basic safety procedures, such as
refraining as well putting on wearing protective gear from participating in risky behaviors, the
significant matters associate to a reasonable equilibrium between safety, inconvenience, and
productivity. However, Target Inc. should realize that applying to many regulations and
procedures results to compliance challenges, while ignoring safety matters can result in injuries
(Rindova et al., 2005). Target Inc. should allow the workers to develop safety rules and
regulations for the production line; it assists in the execution of effective procedures which
brings the right equilibrium and state of balance for the company.
Reduced Environmental Effects
Manufacturing processes in the Target Inc. utilize sources of energy and generate waste
material (Susanto, 2007). Legal requirements govern the manner manufacturing companies such
as Target Inc. can create power while minimizing the waste material and emissions of poisonous
gases into the atmosphere. Target Inc. should develop a way to treat its waste to reduce
environmental de...
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