Responsibilities Of Business Organizations

NameUniversityCourseTutorDateWith the rate at which technology is currently growing and the figure out of competitors available in markets also increasing , responsibilities by firms is indispensable . With all this , it is of great importance to observe issues relating to business devotion with a very keen eye . For businesses to be encourage in terms of morality , they must observe principles interrelate to morality . This value attached to business ethics prove make a business boost its performance and fall apart set objectives and goals (Donaldson Werhane 34 . Customers , employees and employer satisfactions will dictate the type of ethics to be followed in a businessThe responsibility of acting ethically lies on the hands of each single person in the organization . Acting ethically means more than adhering to no te company rules , policies or laws . Everything done counts and constitutes of visibility concerns that must be held higher(prenominal) .

Some of the business responsibilities expected to be practiced imply the followingLegal SystemsIt is argued that the law binds the business to its ethics . Milton Friedman the view s pioneer babble out that as long as businesses are faced with the bargain of making profits , all its activities should be inline with the country s big(p) ashes . Friedman says that businesses should conform to core rules of both the country of proceeding and the ethics of the location where the business is located (Donaldson Werhane1! 23The legal system of a country ensure that firms are regulated from engage in activities...If you want to get a full essay, array it on our website: BestEssayCheap.com

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