Business Ethics and Social Responsibility STR/581 Business Ethics and Social Responsibility To maintain existence in a highly competitive industrial environment, business entities have to pass the society’s test. This test is whether they play a significant role in the advancement of the society as well as in the preservation of the natural environment. Businesses have to maintain a “give and take” relationship with the community. They have to serve the society in return for the benefits they get (Vitell et al, 2003). The code of moral philosophy is a binding moral agreement that every business entity must conform to to ensure the public that it serves them with good faith, loyalty, and goodness. Business ethics shall not focus solely on the relationship between owners and clients, but it includes the entity’s relationship with its country and governing administration of its home country. Despite this extensive scope of business ethics, it must be noted that the most important thing in corporate social responsibility is focused on owner-clientele relationship. Most company goals, like product or service quality improvement greatly focus on the maintenance of a longterm relationship between these two agents. A company’s representation and duties to the society shape its reputation as an ethical and socially responsible entity. Business entities perform a crucial part in a society’s advancement in lifestyle and technology. They could either promote or destroy an individual’s rights and disposition. This is why companies have to be extra careful in distributing information and in releasing their products. They will serve as the main dictators of how the people in the community will live their lives. On the manufacturing aspect, entities would have to follow these business ethics on the same reason why they are considered as dictators. Imagine if most business organizations will promote child labor and illegal practices. This could lead to a society governed by private individuals or the elite group rather than a legally organized democratic government chosen by the nation itself, thus creating an unbalanced concentration of power to those who are in the elite group. Sustenance of business ethics will then aid in creating the ideal ethical community. From this lesson, I have learned that an ethical person becomes ethical not solely because of how he holds himself and how he displays his views or ideas through his actions. His character is shaped by the community he serves through years of exposure. The ideals that his community has will dictate which acts are ethical and which acts are not. Moreover, ethics does not depend on actions alone. Internal aspects such as good intentions and ethical ideas form part of this ethics for they drive an individual to work and act. Another lesson that I have learned here is that not every individual is aware of his key position in a particular organization or community. This is essential for him to know the purpose of his every action. I understand that every individual is distinct from the other, and thus it is necessary to bridge this distinctiveness with the proper communication channels. Given this, the individuals will be able to create a work group that has the best means in attaining the desired end. To do this, each of the employees must be duly aware of business ethics. References Vitell J. Scott, Joseph G. P. Paolillo and James L. Thomas; Business Ethics Quarterly; Vol. 13, No. 1 (Jan., 2003), pp. 63-86