Business Ethics: Outsourcing Layoffs In The United States

Because corporations are established to profit and shareholders invest money with expectations of a greater return, managers cannot be given a directive to be “socially responsible” without providing specific criteria of checks and balances to which needs to adhere. Therefore, it is imperative to the success of a corporation for managers to not act solely but rather to act within the policies of the shareholders.

Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.

In today’s society, outsourcing has become a very critical and controversial issue to companies and other countries. Outsourcing is known as offshoring as an organization’s use of an outside organization for a broad set of services. As technology continues to grow and advance more, outsourcing becomes more popular. Many American white collar jobs are being taken over by foreign countries around the world. Almost every occupation or career in the United States has some effect of the outsourcing. As a result, many Americans become unemployed and financially challenged; being that outsourcing can increase the United States unemployment rate. Employees who live in the US rather keep jobs in the country to create more opportunities. On the other hand, few stakeholders

There's nothing to say that a company that is highly socially responsible today may not become less so tomorrow. It's a little like physical exercise. If you don't keep pushing yourself, you lose the gains - may even become a little flabby. For example:A true story: A woman puts her umbrella on the floor of her cubicle after returning from lunch. The next day she discovers that the umbrella is gone. Fast forward one week. The woman sees a colleague walking around with her umbrella. When asked about it, the colleague replies, "Well, it didn't have anyone's name on it, so I took it." From some perspectives, this may either be an indicate a significant lack of personal social responsibility.

In the scenario involving Company Q, I do not believe that the company was being socially responsible, but instead are acting only on what benifits their company. Social responsibility is defined as "an ethical framework which suggests that an entity, be it an organization or an individual, has an obligation to actfor the benefit of a society at large" (Kalinda, 2001) and there were two examples described that proved Company Q was only concerned with its' own profits. Firstly, the company decided to close two stores in needed areas simply because of the crime rate and they were losing money, even though consumers needed somewhere to buy their groceries. In a socially responsible situation, the store would've remained opened, reinforcing security,

In the film The Corporation it shows many examples of corporation taking advantages of various things as if it was psychopath destroying everything in its path. The Corporation we can see corporations building up countries by creating sweatshops, but once the communities becomes more stable and higher wages are being demanded, corporations than can leave the country to find poorer and a cheaper workforce. This creates a devastating effect to the workers increasing unemployment and more poverty. Not only are corporations creating poverty, but they are causing pollution in the air and water. Even administration or ceo are not fully aware of all the actions that are being taking place. In every corporations their are good apples, but an overwhelming

Corporations are the result of endangering the pollinator species and super pests. They are also responsible for the abuse to the animals and the employees that provide us with the nourishment on our plates. Again, we saw in the film, Food Inc., that farmers were barely scraping by, forced by corporate to take out loans to purchase machinery and requiring to treat their farm animals in a certain way.

Capitalism is an amoral system that follows protocol of mechanical laws of supply and demand. Over the course of two centuries our country has tried to introduce ethics and morality into economic constructs. Anti-trust, labor laws, and regulation have been our attempts to introduce an ethical element into an otherwise unfeeling system of exchange. The reason, an attempt to reduce damage that is possible by the manipulation of capitalism. And to not only to create an even playing field but keeping the field from reverting back to being occupied by serfs. Corporations offer many benefits to society, increased supply of goods, tax revenue, jobs…etc. They can also cause damage as in the case of Enron Corporation.

(Allen 37-42) The decision in Dodge v Ford Motor Company 170 NW 668 (Michigan 1919) supports this theory since Ford was required to distribute some of the company’s earnings to its shareholders. Proponents of this theory would argue that corporations do not have a responsibility to anybody other than their shareholders, i.e., the firm should focus solely on their income and increasing shareholder’s wealth. Interestingly, there are not many organizations in modern society that do not give to charitable/political organization or support the environment, but that does not mean that this model is obsolete and/or not prevalent. For example, many believe that the Foxconn Technology Group, the manufactures of many Apple products, focuses primarily on wealth maximization and not social welfare. The firm is focused on efficiency and has many assembly lines to manufacture their products. The firm is notorious for working employees very long hours. Many employees have committed suicide and the company often suffers from employee riots. Apple often has to come to the defense of their manufacturer of these social issues. The company said “Apple is committed to the highest standards of social responsibility across our worldwide supply chain…We insist that all of our suppliers provide safe working conditions, treat workers with dignity and respect, and use environmentally responsible manufacturing processes wherever our products are

A business must operate with ethics as a guiding principle to be successful and profitable. A company that is publically traded bears a responsibility of being a good steward of the profits the company earns, for the stakeholders, employees, and clients. The social aspect of a company and ethics go hand-in-hand. If a business fails to act ethically responsible, the result of that behavior can affect it socially. “The concept of social responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit” (Wheelen & Hunger, 2010, pg. 72).

The answer to the questions of Why does a business exist? and What purposes does/should it serve within society? are not agreed upon by all. The concept that companies having social obligations beyond their economic benefit is controversial (Chandler & Werther Jr., 2014). This paper will briefly examine the viewpoint of the well-known economist, Milton Friedman, whose assertions have been very influential in the debate surrounding corporate social responsibility (CSR). Arguments, both in support of, and against Friedman’s assertions, will be presented along with examples of two organizations having contrasting attitudes regarding CSR. Lastly, the paper will examine three organizations whose literal adherence to Friedman’s view has led to the rationalization of unethical behaviors.

A corporation that says it is socially responsible, claims that they are concerned for society's welfare; which also includes the environment, because now days, we are a lot more concerned about our environment and how everything affect it. The corporation will make sure to insure those values within the company and also to its partners. ("Social responsibility in Marketing," 2012 - 1998) Also, if a corporation says it is ethically responsible and it really is, it shows to their customers and partners their integrity

Corporations have a crucial role and responsibility in today’s society. As the power of the nation state is increasingly in decline, the influence of businesses is only expanding and intensifying. Companies and their decisions have a profound impact on communities, individuals and the environment. Therefore, these organisations must assume a significant responsibility in today’s globalised society. As Bryan Horrigan (2010) explains, businesses “not only must be engaged with their stakeholders but are themselves stakeholders alongside governments and civil society. International business leaders must fully commit to sustainable development and address paramount global challenges” (p.53).

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

Businesses these days are much different from how it was in previous generations. Nowadays, society impacts that corporation has is not only about economic power, instead it has also gone into corporate social responsibilities.