Global Business Ethics Business & Marketing Essay Paper (Essay Sample)
Global Business Ethics Type of Assessment: Academic Essay Details of the assessment question: There are two parts to this question a) Using Carroll’s (1991) Four-Part Model of Corporate Social Responsibility critically analyse Nestle’s approach to Corporate Social Responsibility (70%) b) Critique Carroll's model (30%) When you answer the question, you must refer to the model in following journal article: Carroll, A.B. (1991). The pyramid of corporate social responsibility toward the moral management of organizational stakeholders (balancing economic, legal, and social responsibilities). Business Horizons 34. no4 (July • August, 1991) All assignments should be word processed, using font equivalent to Time New Roman font size 12. You should present your work in 1.5 line spacing. This aids readability and enables the assessor to provide you with better feedback on your script (because it gives space to write in). Referencing: Information on Referencing Your Work’ is available via the Library webpages, simply select ‘Guides’ and look for ‘Referencing Your Work’ (http://www.hope.ac.uk/guides/guides-homepage.html). It is crucial that all of your sources are acknowledged and accurately referenced. Core Texts: Fisher, C. and Lovell, A. (2009) Business Ethics and Values: Individual, Corporate and Individual Perspectives 3rd ed Financial Times Press Crane, A and Matten, D (2016) Business Ethics 4th edition Oxford. Or Crane, A and Matten, D (2010) Business Ethics 3rd edition Oxford. Recommended Reading: Blowfield, M. and Murray, A. (2008) Corporate Responsibility A Critical Introduction Oxford ISBN-13: 978-0-19-920909-5. Crane, A., McWilliams, A., Matten, D., Moon, J. and Siegel, D. (2008) The Oxford Handbook of Corporate Social Responsibility Oxford. De George, R T (2006) Business Ethics sixth edition Prentice Hall. Mallin, C (2004) Corporate Governance Oxford ISBN-13: 978-0-19-926131-4. McEwan, T (2001) Managing Values and Beliefs in Organisations Prentice Hall ISBN 0 - 273 - 64340 – 1.
GLOBAL BUSINESS ETHICS
Table of Contents TOC \o "1-3" \h \z \u Introduction: PAGEREF _Toc448839641 \h 2Body: PAGEREF _Toc448839642 \h 2Conclusion.......................................................................................................................................9References: PAGEREF _Toc448839643 \h 10Appendix: PAGEREF _Toc448839644 \h 12
Carroll’s Corporate Social Responsibility (CSR) is the well-known model of the CSR through analyzing four significant levels. These are the economic, ethical, philanthropic and legal. According to the view of Carroll, the CSR is the conduct of doing business in such a way which can be economically profitable, ethical, law abiding and the socially acceptable. In this regard, the current essay would focus on the critical evaluation of Nestle’s approach by using the Four-part model of Carroll. Furthermore, the major focus would also put on the critical analysis of the Carroll’s model itself.
The corporate social responsibility has been identified as the obligation of corporations to its stakeholders. In the context of the similar instance, Przychodzeń and Przychodzeń (2014) specified that the CSR approached had been initiated by the brands to forecast its responsibility towards the society. The governmental bodies had established the national public policy to offer a sustainable environment to the society, labours and the employees within a specific region. Carroll’s pyramid four part model had been widely used by the enterprises to understand the attributes the CSR activities need to follow while implementing the action. Sharma et al. (2009) determined that although the components of the specific model are not highly exclusive, yet, it helps the managers to understand the indifferent loop holes of an enterprise. The components of the Carroll’s Four-part Model of CSR are discussed below:
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