Ethics and Responsibility in Strategic Planning

moral philosophy and Responsibility in Strategic Planning Charles perambulator MGT/498 Strategic Management celestial latitude 10, 2012 John Hawes Ethics and Responsibility in Strategic Planning A strategical plan is the direction the transcription desires for the future. Strategic readying decides the world-wide course and objective of the business. Many factors are to be considered when make a strategic plan including the ethics and tender obligation of the com do. An scheme mass actually enhance the fiscal position of the organization by existence socially and goodly responsible. An organization can deter represently disposal regulations by being socially estimable and responsible The concept of social office proposes that a private corporation has responsibilities to society that extend beyond making a profit.(Wheelen, T. L., & Hunger, J. D. (2010). The organization should consider the communities beg before a strategic plan is developed and sh ould constrain the best course to meet the communities and stakeholders expectations. Social responsibility, therefore, includes both ethical and discretionary, but non economic and legal, responsibilities.(Wheelen & Hunger (2010)).

An organization by being in good standing in the residential area where the business operates tends to develop a loyal client base. A loyal customer base trends to adding value to the organization which meets stakeholders expectations A firm can fulfill its ethical responsibilities by taking actions that society tends to value but has not further put into law. (Wheelen & Hunger (2010)).The organiza tion can withhold government regulations do! wn by becoming socially bustling or responsible. An example would be Coca- Cola adopting a concept of only allowing diet drinks to be sold to richly direct students and water to be sold to middle and bare(a) students. Coca-Cola doing this headed off government regulation which might have been more than stringent and cost the organization more money in lost...If you want to communicate a full essay, order it on our website: BestEssayCheap.com

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