Corporate Ethics And Social Responsibility In The Success Of Company (Case Study Sample)

Corporate Ethics and Social Responsibility Student Name: Course: Professor: Date: Organizational ethics is a critical component in the success of any company. Trustworthiness and honesty are critical elements in business ethics. They involve being fair, truthful and honorable to the services a business offers a client. They are essential in winning over clients’ trust and retaining them. Proper maintenance of the confidentiality of clients and employees personal information is also vital in building trust between the business, its employees and its clients. A company should create an open environment where employees or clients can report any wrongdoings or complaints without fear. Integration of technology in business today is inevitable. However, a company should thrive to maintain technical integrity by not infringing copyright law. It is the responsibility of managers to encourage ethical behavior in an organization. A manager is expected to lead by example. It is more likely that employees in the organization will adopt the same ethical standards portrayed by the manager. Rewarding employees who display an exemplary level of ethical standards encourage more employees to follow suit. In addition to that, managers should train their staff on the company’s code of ethics by holding regular workshops. CASE STUDY: CanGo Company CanGo, just like any other company, thrives to use its scarce resources for profit maximization. CanGo can add violent games into its product mix by trying to portray it as a fun game. The company should also give warnings to the players of the violent games not to project the behavior displayed in the game in real life situation. Moreover, the company can also add ratings and reviews to obtain clients’ opinions of the game. By adding age restrictions, the company can restrict the access of the games to underage children who can easily be influenced negatively by violent games. The various stakeholders of CanGo include shareholders, customers, employees, and business partners. If CanGo adds violent games into their product mix, the...