Contents
1. Introduction 3
2. Task 1: Background of the company with ethical issues 3
2.1. Theoretical framework 5
2.2. Freeman’s Stakeholders theory 5
2.3. Impact of Siemens unethical practice on stakeholders 7
3. Task: 2 Elements of CSR 8
4. Conclusion 9
5. References 11
Description
This report is based on the following requirement -
Identify a business organization in any country and conduct an investigation on business ethics and corporate social responsibility to answer the following tasks:
Task 1: Discuss the theories of business ethics to stakeholders. Critically evaluate how the organization conducts business ethics to their stakeholders (shareholders, employees, customers, suppliers, and government). Analyse how the organization develops and sustains business ethics.
Task 2: Discuss the different elements of corporate social responsibility (CSR). Critically evaluate the rewards obtained by the organization in implementing CSR.