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CORPORATE SOCIAL
RESPONSIBILITY
WHAT ARE ETHICS?
• According to the Merriam-Webster
dictionary, “ethics” means “the
discipline dealing with what is good
and bad and moral duty and
obligation.”
WHAT ARE SOME WAYS A COMPANY
CAN BE SOCIALLY RESPONSIBLE?
• By choosing to be honest about their practices
• Paying their employees fairly
• Obtaining their materials and/or products ethically
• By giving back to the community by introducing social programs and
donating resources/products/services
• Packaging their products with reusable or recyclable materials
EXAMPLES OF
ETHICALLY SOUD
COMPANIES:
• Starbucks Coffee
Company
• Petco Animal Supplies,
Inc.
• UPS
• Google, Inc.
DO CORPORATIONS HAVE
A RESPONSIBILITY TO
OPERATE ETHICALLY?
The short answer is no. However, corporations may find that there are
many benefits to choosing to operate in socially, morally and ethically
sound principles and practices.
BENEFITS TO THE CORPORATION:
• Sound business operations mean that the public will view
the business/firm in a positive light
• Drastically lessens the chance of bad PR
• Builds goodwill between the business/firm and
customers
BENEFITS TO SOCIETY:
• Local economies benefit from jobs
• When a company has a good reputation, more people will be interested in
giving the company their business- thus generating more economic growth
• Potential for social programs and donations
• Better working conditions
• Often times cleaner and safer communities
• The ability to put their trust into a business/firm
When customers are happy with the
business’s choices, they are more likely
to shop exclusively at said business.
This also means they are more likely
to share positive reviews online,
recommend the business to family
and friends, and remain loyal to the
company long-term.
CHOOSING TO NOT
OPERATE ETHICALLY
CAN HAVE
CONSEQUENCES FOR
EVERYONE INVOLVED
WHAT HAPPENS
WHEN A FIRM HAS A
BAD REPUTATION?
• Business can suffer long-term
• Customers will post negative
reviews online, amongst friends
and family, and avoid giving the
company business
• Other firms will be much more
hesitant to work with the
business
• Changing people’s negative
opinions will be hard
COMPANIES SHOULD CONSIDER ALL
OF THESE NEGATIVE SIDE EFFECTS
BEFORE DECIDING TO ENGAGE IN
UNETHICAL AND IRRESPONSIBLE
CONDUCT
THE CHOICE IS YOURS
• Choose to operate responsibly and
gain the respect of customers and
your community…
• Choose to operate irresponsibly for
the chance to make a quick buck…
Thank you for reading

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Corporation Social Responsibility

  • 2. WHAT ARE ETHICS? • According to the Merriam-Webster dictionary, “ethics” means “the discipline dealing with what is good and bad and moral duty and obligation.”
  • 3. WHAT ARE SOME WAYS A COMPANY CAN BE SOCIALLY RESPONSIBLE? • By choosing to be honest about their practices • Paying their employees fairly • Obtaining their materials and/or products ethically • By giving back to the community by introducing social programs and donating resources/products/services • Packaging their products with reusable or recyclable materials
  • 4. EXAMPLES OF ETHICALLY SOUD COMPANIES: • Starbucks Coffee Company • Petco Animal Supplies, Inc. • UPS • Google, Inc.
  • 5. DO CORPORATIONS HAVE A RESPONSIBILITY TO OPERATE ETHICALLY? The short answer is no. However, corporations may find that there are many benefits to choosing to operate in socially, morally and ethically sound principles and practices.
  • 6. BENEFITS TO THE CORPORATION: • Sound business operations mean that the public will view the business/firm in a positive light • Drastically lessens the chance of bad PR • Builds goodwill between the business/firm and customers
  • 7. BENEFITS TO SOCIETY: • Local economies benefit from jobs • When a company has a good reputation, more people will be interested in giving the company their business- thus generating more economic growth • Potential for social programs and donations • Better working conditions • Often times cleaner and safer communities • The ability to put their trust into a business/firm
  • 8. When customers are happy with the business’s choices, they are more likely to shop exclusively at said business. This also means they are more likely to share positive reviews online, recommend the business to family and friends, and remain loyal to the company long-term.
  • 9. CHOOSING TO NOT OPERATE ETHICALLY CAN HAVE CONSEQUENCES FOR EVERYONE INVOLVED
  • 10. WHAT HAPPENS WHEN A FIRM HAS A BAD REPUTATION? • Business can suffer long-term • Customers will post negative reviews online, amongst friends and family, and avoid giving the company business • Other firms will be much more hesitant to work with the business • Changing people’s negative opinions will be hard
  • 11. COMPANIES SHOULD CONSIDER ALL OF THESE NEGATIVE SIDE EFFECTS BEFORE DECIDING TO ENGAGE IN UNETHICAL AND IRRESPONSIBLE CONDUCT
  • 12. THE CHOICE IS YOURS • Choose to operate responsibly and gain the respect of customers and your community… • Choose to operate irresponsibly for the chance to make a quick buck…
  • 13. Thank you for reading