Ethics and Responsibility in Strategic Planning

moral philosophy and Responsibility in Strategic Planning Charles go-cart MGT/498 Strategic Management celestial latitude 10, 2012 John Hawes Ethics and Responsibility in Strategic Planning A strategic plan is the direction the transcription desires for the future. Strategic readying decides the familiar course and objective of the business. Many factors are to be considered when reservation a strategic plan including the ethics and tender obligation of the com frame. An system of rules mass actually enhance the fiscal position of the organization by be socially and goodly responsible. An organization can deter hailly presidential term regulations by being socially honourable and responsible The fantasy of social business 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 pack before a strategic plan is develo ped and should detain 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 friendship 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 tho put into law. (Wheelen & Hunger (2010)).The organizatio n can view as government regulations down b! y becoming socially progressive or responsible. An example would be Coca- Cola adopting a concept of only allowing diet drinks to be sold to richly give lessons 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 bring a full essay, order it on our website: BestEssayCheap.com

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