Ethics and social ResponsibilityAnalyze the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs

Ethics and social Responsibility

Ethics and Social Responsibility

Introduction

Business ethics in any organization can be seen as the acceptable way of doing things [“thing” is a weak usage; what is the essence of the thought here? Can it be rephrased more strongly?] to enable good relations between the business and other stakeholders that form the business. Therefore, business ethics can refer to the set organization practices and principles that govern and shape people in an organization. Any organization should do business in a manner considered ethical and socially responsible. Strategic plans made by managers should consider all the relevant stakeholder’s needs. It’s done to avoid any negative effect on the stakeholders by adhering to all the ethical standards (Aguinis & Glavas, 2012). Business managers, therefore, have a role in striking a balance between the organization’s stakeholders plan and the set ethical and social responsibilities through the development of preventive actions.

discuss the follwing

Analyze the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs.

[Think about the power of words. Often, fewer (not more) words are more powerful. Spend seven minutes editing for concision only: which words can be removed, and do they make the passage stronger or weaker?]

Overstepping ethical boundaries

Preventative measures

I

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