Responsibilities of Business Organizations

With the rate at which technology is currently growing and the form of competitors available in markets also increasing, responsibilities by menages is obligatory. With all(prenominal) this, it is of great brilliance to observe issues relating to furrow ethics with a very keen eye. For businesses to be shelterd in terms of ethics, they must observe principles related to ethics. This value attached to business ethics crowd out make a business boost its performance and achieve set objectives and goals (Donaldson & amp Werhane 34). Customers, employees and employer satisfactions will inflict the type of ethics to be followed in a business.The indebtedness of playacting ethically lies on the progress tos of each single person in the organization. Acting ethically means more than adhering to company rules, policies or laws. Everything do counts and constitutes of visibility concerns that must be held high. Some of the business responsibilities expected to be practiced include the following. Legal Systems It is argued that the law binds the business to its ethics. Milton Friedman the views pioneer said that as long as businesses are confront with the indebtedness of making profits, all its activities should be inline with the estates well-grounded system.Friedman says that businesses should conform to core rules of both the country of subprogram and the ethics of the billet where the business is located (Donaldson, & Werhane123) The legal system of a country ensure that firms are regulated from engaging in activities that can fire detrimental to the broader perspective of social good including its citizens and environment. Its the responsibility of the firm to ensure that all these regulations are complied with as far as rail its activities.This is despite the inability of government laws being unable to cover all perspectives of business operations. Business Practices and Priorities Businesses are expected to be liable in performing their acti vities. This is because the most crucial stakeholders of the firm dictate them to be. For instance it is the obligation of the business to carry out activities that are in agreement with their employees views. This is referable to the benefits that accompany increased engagements and cooperation of employees. Other key stakeholders include customers, investors and consumers.The community of operation and regulators all require their needs to be satisfied by the corporations. Its upon the organization to determine the degree of importance of each stakeholder and how to satisfy their different needs. Community Expectations It is the responsibility of the firm to work hand in hand with the local community. This in turn will prevent conflicts that are bouncing to take place when disagreements regarding some actions interpreted or not taken by one of the parties involved. The community will hold the corporation responsible for its actions.The community expects so much from the busines s and its of great importance if the firm fulfills this expectation. This can be in form of employment creation, interlocking in community activities and provision of better and improved living archetype due to the other amenities attracted to the region. Education and Crisis Management Its the responsibility of the organization to ensure that the society is educated regarding its operations. The society and the corporation should be able to work collectively with the society to tackle pressures that are taking place due to constant changes.If the company is involved in activities that can lead to crises, the duty of taking up cleaning measures lies on it. This is to eliminate the effects that may result from the actions taken. The business has the responsibility of creating awareness to its customers and consumers regarding the placement effects of their operations in the region and the products its selling. References Donaldson, Thomas& Patricia, Werhane. Ethical Issues in Business A Philosophical Approach. New tee shirt Pearson/Prentice Hall, 2008.