Corporate Social Responsibility Policy

Evaluate the impact of corporate social responsibility policy on the workplace and the corporate world. Also, assess the ethicality of an organization and identify the related stakeholders and their roles.

Introduction

Stakeholders are not limited to directly involved groups and individuals who benefit directly from the corporation. Often, the entire community is affected by an organization\’s actions, or lack of reactions. For example, board members, regulators, and consumers participate in the business process every day. To what extent should they shape or influence ethical behavior in business?

Understanding stakeholder needs, as well as threats to the organization, is a key component of the process of managing ethical issues. It is equally important to learn to identify issues and put them in a context or framework, to facilitate management decision making. One of the challenges of marketplace globalization is creating ethical policies and guidelines that monitor how we do business in the global market.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

• Competency 2: Assess the impact of corporate social responsibility policy.
  • Assesses the impact of corporate social responsibility policy.
  • Assess the ethical nature of a selected organization.
  • Identify the major stakeholders and their roles and responsibilities regarding an issue.
  • Assess the impact of the issue on various stakeholders.
  • Assess the potential costs and benefits for various stakeholders in addressing an issue through corporate policy.

Instructions

Complete the following:

• Assess the impact of corporate social responsibility policy on the workplace and the corporate world.
  • Assess how, and to what extent, corporate social responsibility can be coordinated with an organization\’s obligation to maximize profits for its shareholders.
• Identify a potential ethical issue at a real-world organization. You may use the organization and issue you used in the first and second assessments.
  • Assess the ethicality of the organization.
  • Identify the major stakeholders and their roles and responsibilities regarding the issue.
  • Assess the potential impact of the organization\’s choice to address or not address the issue via corporate policy. Address the financial and legal impacts of this choice on the organization, employees, and other stakeholders. In addition, address the potential impact on the organization\’s reputation.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

• Competency 2: Assess the impact of corporate social responsibility policy.
  • Assesses the impact of corporate social responsibility policy.
  • Assess the ethical nature of a selected organization.
  • Identify the major stakeholders and their roles and responsibilities regarding an issue.
  • Assess the impact of the issue on various stakeholders.
  • Assess the potential costs and benefits for various stakeholders in addressing an issue through corporate policy.