Business Ethics and Corporate Responsibility Research Paper

Business Ethics and Corporate Responsibility - Research Paper Example In return, though it may not be required by law, but an organization should have this significant consideration of the welfare of its society through its moral thought (Kettunen 137). It has to start giving concerns not just on its profit-making activities but there should enough time for giving something for the community. In line with this, profitable organizations have a moral duty to make charitable contributions in an effort to â€Å"give something back† to the community. At some point, this may not be required by law, but an organization should consider itself as a model within a community on showing the importance of being concerned with others. This is a matter of influencing behavior (Holmqvist 68; Thiele 204). For instance, the human resource is an integral part of the community aside from it belongs directly to an organization. The organization should motivate them so it has to give something back to them. However, the moral obligation to make charitable contributio ns should be outside the bound of personal gain, interest or concern of an organization in order to impart genuine concern for others’ needs. 2. Do successful profitable organizations have an ethical responsibility to make charitable contributions in an effort to â€Å"give something back† to the community? Why or why not? Society has social and moral values. Within these values ethical responsibility is normally imposed. Considering that an organization is an integral part of the society, so then it is not outside the ultimate impact of social and moral values (LePage et al., 2011). It is therefore clear that to make charitable contributions in an effort to â€Å"give something back† to the community depends on its prevailing social and moral values. In some countries, it is not ethical to receive certain prize, reward for something out of what good has been done. Some culture just like in Japan has this belief that performing one’s responsibility at wor k is already sufficiently paid and that other payments outside of it would mean an insult. In the same manner, it may not be always necessary to have ethical responsibility to make charitable contributions to give something back to the community. Considering that an organization has already done what is morally good for the society, then there is no need to have this ethical responsibility to give more just to reciprocate considering that there are different and prevailing social and moral values. For instance, producing the right quality of products that say what they tell they have is enough to give back something out of the high level of trust given by the community. The ethical responsibility to make charitable contributions in an effort to â€Å"give something back† to the community depends on the prevailing social and moral values of the society. Thus, it may not necessary to employ it in all the time or everywhere. 3. If you said there was either an ethical or moral du ty to make charitable contributions, how does that affect the corporation's duty to its shareholders to maximize profits? Corporate social responsibility is becoming a must especially among profitable organizations. In their implementation of corporate social responsibility particularly on providing charitable contributions, an organization is becoming clear on its role and stand within the society. As a result, an organization creates specific policies and provides information that will always guide its

Product Strategy Essay Example | Topics and Well Written Essays - 750 words

Product Strategy - Essay Example The services offered by ABC cloud service limited include, but are not limited to: JustCloud, Egnyte, HybridCloud, MyPC Backup, Open Drive, Carbonite, Sugarsync, ADrive, ElephantDrive, Xdrive, Openomy, Storegate, Strongspace, Mofile, Flipdrive, GlobalDrive, eSnips, Box, Allmydata, iBackup,iStorage, Mozy, Omnidrive, Online File Storage, Mediamax, Online Storage, Dropbox, SOS Online Backup, Acronis True Image Online, SkyDrive, MediaFire, Google Drive, Microsoft Office 365, Zoho, Rapidshare and SendSpace. The table below provides a product and valuation policy of the company. Each product faces competition in the market, and as such, the valuation and pricing strategy may be different for the different products. Products such as the iBackup face stiff competition in the market. I, therefore, employ the skimming pricing strategy. The main aim is to capture the prestige market by charging substantially higher prices as compared to other competitors’ prices. ABC Company charges $1.5 per Gigabyte (GB) for the iBackup. Mozy has a basic home plan which starts at 50GB. 50GB provides a reasonable amount of space for storing more than six million text documents, one thousand videos and seven thousand five hundred photos. The company avails to home users, two plans to choose from. The product gives a maximum storage capacity of 125GB which is limited to only three computers. The firm, therefore, employs a Price Lining strategy. The users are charged according to the user requirements. For example, a home user who needs 100GB pays a higher amount than the pe rson purchasing a 25GB plan. A 50GB Mozy plan sells for $70 per year while 125GB plans for one computer goes for $120 per year. Mozy suffers direct competition from Carbonite (The Best, Most Affordable Alternatives to Mozy for Unlimited Backups, n.d.). I offer free services for the Box item for personal users with a