Written Assignment 1.pdf

Written Assignment 1.pdf - Tate Rodriguez MGT 360 Professor...

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Tate Rodriguez MGT 360 Professor Flannery October 4th, 2018 Written assignment 1 Ethics and corporate social responsibility are two key areas businesses need to focus on in order to maintain good public relations and stay in business. People often think these two things are the same. However, there are important differences between these two. Ethics deals with upholding societal morals and values, while social responsibility deals with applying ethics to benefit society as a whole. Ethics is a set of moral standards that sets the code for good and bad, and right and wrong. Corporate social responsibility is the organization's obligation to serve multiple stakeholders, including society as a whole. Trader Joe’s was not being very soci ally responsible before 2010. Greenpeace called out Trader Joe’s for selling endangered species of fish such as the Chilean sea bass, red snapper, and orange roughy. This was very detrimental to the public image of the company. It is very unethical to sell endangered species as many people feel strongly about the environment. The selling of endangered species is also obviously very socially irresponsible since this practice is extremely unsustainable. Between 2010 to 2012, Trader Joe’s had to change som e of its products and practices to be more ethical and socially responsible. Under pressure from the environmental organization Greenpeace, Trader Joe’s had to start selling products that were more sustainable and environmentally friendly. Due to this pr essure, Trader Joe’s started moving any products off of its shelves that weren’t harvested sustainably.
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