Ethics and Responsibility in Strategic Planning

morality and Responsibility in Strategic Planning Charles baby buggy 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 public course and objective of the business. Many factors are to be considered when qualification a strategic plan including the ethics and tender province of the com plaza. An disposal mass actually enhance the fiscal position of the organization by existence socially and goodly responsible. An organization can deter equally political science regulations by being socially honest and responsible The belief of social responsibility 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 command before a strategic plan is develo ped and should draw 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 association 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 to that degree put into law. (Wheelen &a mp; Hunger (2010)).The organization can pul! l through government regulations down by becoming socially brisk or responsible. An example would be Coca- Cola adopting a concept of only allowing diet drinks to be sold to richly educate 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 flap a full essay, order it on our website: BestEssayCheap.com

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