CHAPTER 9 SOCIAL RESPONSIBILITY AND BUSINESS ETHICS SOCIAL

CHAPTER 9 SOCIAL RESPONSIBILITY AND BUSINESS ETHICS

SOCIAL RESPONSIBILITY ISSUES • REFERS TO THE OBLIGATION OF A BUSINESS TO CONTRIBUTE TO WELLBEING OF COMMUNITY • PROTECTION OF ENVIRONMENT, MINORITIES AND WOMEN IN WORKPLACE, EMPLOYMENT OF PHYSICALLY CHALLENGED, OLDER WORKERS, HEALTH AND SAFETY OF WORK ENVIRONMENT

ENVIRONMENTAL PROTECTION • CONSERVATION--PRESERVING NATURAL RESOURCES • NON-RENEWABLE RESOURCES--IE. OIL • STANDARDS FOR POLLUTION • ENVIRONMENTAL PROTECTION AGENCY WORKS TO REDUCE POLLUTION

WORKPLACE DIVERSITY • BEING SENSITIVE TO ROLE OF WOMEN, ETHNIC GROUPS, PHYSICALLY CHALLENGED, AND OLDER WORKERS • MAJOR CHALLENGE IS MANAGING A WORKFORCE MADE UP VARIOUS CULTURES • EQUAL OPPORTUNITY LAWS, AMERICANS WITH DISABILITIES ACT, AGE DISCRIMINATION IN EMPLOYMENT ACT

SAFETY ON THE JOB • WORK IN ENVIRONMENT FREE OF HAZARDS THAT CAUSE ACCIDENTS • EMPLOYEE TRAINING IN HOW TO WORK SAFELY • OSHA--OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION; IN PLACE TO MAKE WORK PLACE SAFER

EMPLOYEE WELLNESS • HEALTHY WORKFORCE IS A PRODUCTIVE WORKFORCE • HEALTH SEMINARS, COUNSELING, WEIGHT LOSS SESSIONS, EXERCISE EQUIPMENT, SPONSOR SPORTS TEAMS, CORPORATE CHALLENGE

SEXUAL HARASSMENT • • JOKES COMMENTS POSTERS EMAIL • IF A PERSON IS OFFENDED IT IS HARASSMENT

COSTS OF SOCIAL RESPONSIBILITY • SOCIALLY RESPONSIBLE ACTIONS ELIMINATE THE NEED FOR GOVERNMENT CONTROLS • COSTS MONEY TO BE SOCIALLY RESPONSIBLE AND IT MUST BE RESTRAINED SO BUSINESS CAN STILL EARN A REASONABLE PROFIT

BUSINESS ETHICS • ETHICS--PRINCIPLES OF MORALITY OR RULES OF CONDUCT • RULES ABOUT HOW A BUSINESS AND ITS EMPLOYEES OUGHT TO BEHAVE • CODE OF ETHICS--STATEMENT OF RULES FOR GUIDING THE BEHAVIOR OF EMPLOYEES (ACCEPTABLE BEHAVIOR AND NOT FORBIDDEN ACTION • EXHIBITED BY TOP MANAGERS; ROLE MODELS