Corporate Ethical Responsibility Essay Example for Free

Corporate Ethical Responsibility EssayCARSI Inc. has long since served the production line world since 1922 where it first introduced products and services that atomic number 18 economically grateful to large-scale markets as advantageously as small traffic ventures all over the world. These high-tech products include industrial machineries and large-scale shipping vessels that bid task transactions and trading. But the dawn of the Prohibition during the 1930s forced CARSI Inc. into revising its corporate strategy. piece surviving and maintaining industrial and trading quality from the 1930s up to the present, CARSI Inc. has also opened refreshful avenues of business ventures and direction opportunities that gave rise to the CARSI Management and Training Division (CARSI-MTD).Founded in the 1990s, CARSI-MTD is an outsourcing confederacy that not only trys best training programs and strategies but also provides multitude of rushs opportunities to the young, aspiring individuals as well as professionals alike. Its main remnant is to provide a wide lead of training and development programs that will enable more perspectives in business management, Human Resource practices, career development, and corporate business responsibility.As such, CARSI-MTD has produced top-caliber CEOs, executives, top-management officers, and leading theorists in the business practice through an extensive learning program that centers on intellectual development and practical application. CARSI Inc. and CARSI-MTD as of 1999, became a member of the prestigious Fortune-500 group of companies with a total net worth of over $5-billion. Also, CARSI Inc. has provided monetary assistance as well as business development in third-world countries by providing a pioneering attempt of encouraging small-scale businesses as a means of livelihood and societal development. To date, CARSI-MTD maintains high-standards, quality, and value over employees which are the essential of corpor ate success.VisionTo be a corporate-responsible corporation that provide business career opportunities, investments, career reaping, and quality management practices for aspiring professionals around the world.MissionTo introduce to the business world a new perspective of business practices through favorable awareness, ethical business practices, theoretical business development, and personnel growth and blessedness. To bring about change in labor-oriented companies through proper compensation, security, and benefits.Products and ServicesCARSI-MTD offers a wide range of products and services, specifically designed by CARSI Inc. to meet the standards of a globally-competitive market. These products includeCARSI-MTD Learning Institute a bon ton investment which further applies management, human resource careers into further study and forming theoretical frameworks that can be apply in real-world cases or situations, specifically on labor, personnel management, and human resour ces.Training Materials/Programs in line with its Vision-Mission statement, the friendship also provides scholarly articles made by certified professionals that serve the benefit of schools, colleges, and universities that specialize on management courses.Practical Application Procedure (PRACP) a unique development of CARSI-MTD which aims to apply methods of learning to practical methods in developing countries that stabilize economic problems, help cultivate Foreign Direct Investments and, maximizing country growth output.Cultural ResponsibilityThe callers moral responsibility lies firstly on the companys purpose. The company aims to produce good business practices by maintaining high-standards of quality that ensures a sound and ethically acceptable ethical behaviour in companies. By enforcing quality, principle, idealism, and perfection into the standards set by the company, it presents an alternate and relative achievement on businesses and corporations around the world. Sec ond, the company aims to maximize profit of its stakeholders, without compromising personal, brotherly, or cultural issues.Guiding PrinciplesOrganizations essential recognize the rights and interest of various stakeholders not only stockholders and employees but also outsiders affected by the companys actions (Sims 2003, p.40). This is the main ethical principle for the company as it aims to not only protect stockholder and stockholder interests but also to take into consideration the companys actions. The company assures job satisfaction among its employees, an ample amount of investment for stockholders, ensuring proper adherence to legislations and laws through different international governments, proper benefits for substance members, fair competition, and being a responsible citizen in a communal aspect as well as affecting a change on the quality of life. The following are the main points of social responsibility of CARSI-MTD Shareholders An active participation on the dis tribution of profit, right to elect board of directors, transfer of stock, supervision of company books,etc. Employees Economic and psychological satisfaction with employment. Protection from political or physical imputations of company officers. ornament benefits. Right to the formation of a union and forming Collective Bargaining Agreements. Conducive working environs and conditions. Customers eccentric services through high standards (e.g. product knowledge, confidence). Reliable warranties. Extensive Research and Development Program. Unions Recognizing as a legitimate bargaining agent of between employees and the employer. Competition Recognizing the normative functions of a healthy, competitive business surroundings as dictated by the industry and organization. Governments Proper adherence to taxes, public policies (fair and free trade) and the labor code. ball club Act as company that contributes to social formation a well as healthy environment in small communities, pr ovision of unbiased employment, cultural and financial initiatives, charities etc. (Sims 2003, p.41).In the internal aspect, the company is guided by the following professional ethicsAccountingThe company considers a strict accordance to company rule and policy to avoid creative accounting and misleading financial predictions and analyses, manipulation of company resources, black market trading, excess executive compensation, bribery, etc.Human ResourcesAs a company aimed to provide opportunities to all, the Human Resource practice of the company strictly follows an anti-discrimination policy as well as adhering to local anaesthetic and international business laws with regard to age, gender, race, religion, among others. Also, the company maintains a healthy working environment by providing adapted working conditions. In addition, the company provides heavy penalties for office politicking, blackmailing and invasions of privacy. As such, company policies also state an assurance o n occupational safety and health, transparency, and individual freedom.Sales and MarketingMarketing policy of the company is heady to reduce price fixing, discrimination and skimming through a more social and moral initiation to different alternatives and methods. Also, the company blatantly refuses advertisements and marketing strategies that manipulate the nature of sex, provide subliminal messages or exposing children, informal orientation in its corporate strategies.Principles for ConsiderationCorporate Social Responsibility is the main guiding political orientation in the formation of a Code of Ethics. CSR requires the continuing commitment by business to behaving ethically and add to economic development while improving the quality of life of the workforce, their families, as well as friendship and society at large (Sims 2003, p. 43). What CSR provides is a corporate ideology of the company as it aims to form the an ideology that is aimed at social and economical develop ment rather than a pure capitalist view. Through a social initiative, the company has a purpose to exist morally and ethically as it aims to support social causes and awareness through fundraising and volunteerism, among others. However, the problem lies when CSR is taken for granted when it is the companys duty to be socially aware and responsible.