BE&KE - To what extent is KE useful for dealing with the issues arising from BE?

Question 1

INTRO:

• what is BE?
• who is Kant?
• what will this essay discuss?
• sub components of BE?

Answer 1

BE examines how many people and institutions should behave in the commercial world. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organisations. A business cannot claim to be ethical if it ignores/acts as an accomplice in unethical practices such as forced labour/child labour/ignoring health and safety standards. Immanuel Kant is a deontological ethicist who was writing during the 18th cen (the Age of Enlightenment); this essay will discuss the effectiveness of Kantian application to sub-components of BE such as COR;WB;GEIGB;GLOB.

Question 2

point 1: AO1

• what is CSR?
• B responsibilities?
• EG
• why do B take on CSR?
• define stakeholders & how they can be affected

Answer 2

• a sense that businesses have wider responsibilities than simply to their shareholders, including the communities they live and work in and to the enviroment
• business responsibilities: act in interest of shareholders; Carroll - philanthropic responsibilities (responsibilities beyond just economic); sustainability. etc.
• EG the Body Shop, animal rights & Fair Trade
• Bs taken on CSR: improve brand image = greater profit; fear if they don’t = - view by potential customers; w/o adopting self-regulation, Bs will face far more restrictive regulation on their act by gov; some genuinely care
• Crane & Matten “A stakeholder of a corporation is an individual or group which either: is harmed by, or benefits from, the corporation; or whose rights can be violated, or have to be respected, by the corporation”