Ethical Dilemmas in Business & Companies Action in CSR
There are some critics of American corporate power who say that corporations have too much power, and although corporations provide profits and a better standard of living for many, the critics believe that corporations are only interested in profits and self-preservation. Some even believe that corporations invade the employees' privacy, pay the lowest wages possible, provide poor service to society, and have no interest for the personal time of their employees and other stakeholders.
Your CEO would like to discuss these concerns with you and others in your department to defend American corporations, but also to validate the concerns of the critics, stating how corporations have mended their ways recently. He wants you to cite specific examples and also state in what areas you think corporations still need to improve.
- Describe your assessment of the variety of situations where American corporations have attended to the concerns of critics and instituted programs to improve the lives of all stakeholders of the corporations and have made a contribution to make America a better place to live.
- List at least 2 concerns that have been expressed by critics as to social issues that appear to be deteriorating as a cost of progress.
- Provide at least 2 recommended specific actions based on your analysis for American corporations to make improvements or develop better plans of action to remedy situations created by past neglect.