Malden Mills
Holly Cooper
OMM 640 Business Ethics and Social Responsibility
Dr. Frank Morelli
March 8, 2011
Malden Mills, was a family own business, that was well known for there textiles and the large amount of community people they hired to work and manufacture the textile products. Malden Mills had a lot of social responsibility in the community and their employees were a great concern of theirs. Aeron Feuerstein, who was the chief executive officer, knew that the employee’s wellbeing was the best way to run the business. To Aeron Feuerstein felt that the way the employees should be treated as part of the company and a priority asset to the business. View of corporate social responsibility is that the CEO must take care of the shareholders but that they also have a responsibility to the community and workers. “The stakeholder approach to corporate social responsibility considers the various concerns of group that have an interest in the affairs of the organization and can be applied by management to identify potential reactions to corporate performance.” (Anonymous, 2009, pg.1)
Aaron Feuerstein's view is
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This will be an over view of ethics as it relates to business in our society. Concepts from Philosophy will seek to describe the correlation between actions that are classified as morally right or ethical in our dealings with each other as human beings. Clear and concise examples will be given as well as ways in which to improve upon business ethics.
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