Corporate Ethical Responsibility Essay

CARSI Inc. has long since served the none world since 1922 where it first introduced products and services that are economically acceptable to large-scale markets as hale as atomic business organization ventures all over the world. These high-tech products include industrial machineries and large-scale shipping vessels that bring home the bacon business transactions and trading. But the dawn of the inhibition during the 1930s forced CARSI Inc. into revising its corporate strategy. While surviving and principal(prenominal)taining industrial and trading step from the 1930s up to the present, CARSI Inc. has likewise opened hot avenues of business ventures and counselling opportunities that gave rise to the CARSI Management and Training Division (CARSI-MTD).Founded in the 1990s, CARSI-MTD is an outsourcing party that not only provides world-class training programs and strategies but also provides multitude of races opportunities to the young, aspiring individuals as well as professionals alike. Its main tendency is to provide a wide range of training and evolution programs that forget enable more perspectives in business management, benignant Resource get alongs, course development, and corporate business responsibility.As such, CARSI-MTD has produced top-caliber CEOs, executive directors, top-management officers, and leading theorists in the business practice through an extensive learning program that centers on intellectual development and practical application. CARSI Inc. and CARSI-MTD as of 1999, became a member of the prestigious Fortune-500 group of companies with a total net worth of over $5-billion. Also, CARSI Inc. has provided fiscal assistance as well as business development in third-world countries by providing a pioneering effort of encouraging small-scale businesses as a means of funding and societal development. To date, CARSI-MTD maintains high-standards, quality, and value over employees which are the essential of corporate success. sightTo be a corporate-responsible company that provide business career opportunities, investments, career growth, and quality management practices for aspiring professionals around the world.MissionTo introduce to the business world a new perspective of business practices through favorable awareness, ethical business practices, theoretical business development, and personnel growth and satisfaction. To ingest about change in labor-oriented companies through proper compensation, security, and benefits.Products and ServicesCARSI-MTD offers a wide range of products and services, specifically designed by CARSI Inc. to meet the standards of a globally- competitive market. These products includeCARSI-MTD Learning Institute a company investment which however applies management, tender resource careers into further study and var.ing theoretical frameworks that can be applied in real-world cases or situations, specifically on labor, personnel management, and human resources.T raining Materials/Programs in line with its Vision-Mission stirment, the company also provides scholarly articles do by certified professionals that serve the benefit of schools, colleges, and universities that specialize on management courses.Practical Application Procedure (PRACP) a unique development of CARSI-MTD which aims to fall in methods of learning to practical methods in developing countries that stabilize economic problems, help cultivate Foreign Direct Investments and, maximizing country growth output. cultural ResponsibilityThe companys moral responsibility lies firstly on the companys purpose. The company aims to produce good business practices by maintaining high-standards of quality that ensures a sound and ethically acceptable ethical conduct in companies. By enforcing quality, principle, idealism, and perfection into the standards set by the company, it presents an alternate and comparative effect on businesses and corporations around the world. Second, the c ompany aims to maximize profit of its s germinateholders, without flexile personal, companionable, or cultural issues.Guiding PrinciplesOrganizations must recognize the amends and interest of heterogeneous stakeholders not only stockholders and employees but also outsiders affected by the companys actions (Sims 2003, p.40). This is the main ethical principle for the company as it aims to not only protect shareholder and stockholder interests but also to take into consideration the companys actions. The company assures job satisfaction among its employees, an wide-cut amount of investment for stockholders, ensuring proper adherence to legislations and laws through different internationalistic governments, proper benefits for union members, fair competition, and being a responsible citizen in a communal aspect as well as affecting a change on the quality of life. The spare-time activity are the main points of social responsibility of CARSI-MTD Shareholders An active participa tion on the distribution of profit, right to elect board of directors, transfer of stock, inspection of company books,etc. Employees Economic and mental satisfaction with employment. Protection from political or physical imputations of company officers. rush benefits. Right to the formation of a union and forming Collective Bargaining Agreements. contributing(prenominal) working environment and conditions. Customers Quality services through high standards (e.g. product knowledge, assurance). Reliable warranties. Extensive Research and Development Program. Unions Recognizing as a certain bargaining agent of between employees and the employer. Competition Recognizing the normative functions of a florid, competitive business environment as dictated by the industry and organization. Governments prim adherence to taxes, public policies (fair and free trade) and the labor code. Society Act as company that contributes to social formation a well as healthy environment in small communi ties, provision of unbiased employment, cultural and financial initiatives, charities etc. (Sims 2003, p.41).In the internal aspect, the company is guided by the following professional ethicsAccountingThe company considers a strict conformity to company rule and policy to avoid creative accounting and direct financial predictions and analyses, manipulation of company resources, black market trading, excess executive compensation, bribery, etc.Human ResourcesAs a company aimed to provide opportunities to all, the Human Resource practice of the company strictly follows an anti- discrepancy policy as well as adhering to local and international business laws with regard to age, gender, race, religion, among others. Also, the company maintains a healthy working environment by providing suitable working conditions. In addition, the company provides heavy penalties for office politicking, blackmailing and invasions of privacy. As such, company policies also state an assurance on occupati onal safety and health, transparency, and individual freedom.Sales and marketMarketing policy of the company is determined to reduce price fixing, discrimination and skimming through a more social and moral ingress to different alternatives and methods. Also, the company blatantly refuses advertisements and marketing strategies that manipulate the nature of sex, provide subliminal messages or exposing children, sexual orientation in its corporate strategies.Principles for friendshipCorporate Social Responsibility is the main guiding ideology in the formation of a Code of Ethics. CSR requires the continuing commitment by business to behaving ethically and contributing to economic development while improving the quality of life of the workforce, their families, as well as community and society at large (Sims 2003, p. 43). What CSR provides is a corporate ideology of the company as it aims to form the an ideology that is aimed at social and economical development rather than a pure capitalist view. Through a social initiative, the company has a purpose to exist morally and ethically as it aims to support social causes and awareness through fundraising and volunteerism, among others. However, the problem lies when CSR is taken for granted when it is the companys duty to be socially aware and responsible.