Decision Making Management Assignment Example | Topics and Well Written Essays - 2500 words

Decision Making Management - Assignment patternronment and surrounding in which it operates its business operations and also to continue to retain its customers by ensuring them that the company is in effect fulfilling its corporate well-disposed responsibility. Developing business ethics is one of the key issues for an organization and implant of much(prenominal) issues is extremely vital.Governments frequently focus on sustainability issue, which is associated with ethical issues and ethical standards as well. According to Hemmingway (2009), companies need to profit such business opportunities for the purpose of avoiding the negative outcomes for the company and also to further enhance the overall curve of its business operations on the scotch life of the region, in which it operates its business operations. By fulfilling its social, environmental and economic duties towards the society, a company can enable itself to ensure the society and its people that the company is doin g a profitable job for society and environment as well.Often it happens that organizations are compelled to extend their capacity regarding corporate social responsibility by its stakeholders and organizations are well aware regarding the fact that if they do not fulfill the expectations of their stakeholders on timely basis, then they may have to face some severe consequences of it. Gray (2006) states that organization mustiness ensure that they effectively communicate with its stakeholders all the major social issues, such as, pollution, employment, plant closures and other conglomerate major social issues and also the measures which the organization plans to adapt for the purpose of resolving such issues. In the new-made times, companies have become extremely cautious and aggravated regarding to improve their business operations from the social agitate of view, that is understand and address the social issues on regular intervals, because the stakeholders of the company expe cts from it to do so on everlasting basis. Stakeholders include all the