Question

Company Name: Emaar Properties UAE

Firstly, identify your workplace and department

1)    We assume that your organization has the best Business Ethics if so explain how your organization is satisfying all the external and internal stake holders like products, operations, markets, industry, and outcomes, Customers, Investors, Employees, Suppliers, Government agencies, Communities, Media, trade associations, and special interest groups

2)    Please Explain the extent to which your Organizational businesses ethics strategically meet their economic, legal, ethical, and philanthropic social responsibilities

Note : Plagiarism is prohibited please do not copy from internet answer approximatly 700 word

Answer 1

1) Ethics concerns an individual's moral judgments about what is right and wrong. Decisions are taken within an organization made by individuals or groups, but whoever makes them will be influenced by the culture of the company. In an organization world, standards are set for determining good and bad behavior and decision-making. Business ethics is a broad concept, covering everything from corporate governance with the organization to all the external and internal stakeholders in an organization. Every organization should have its own moral principles and ethical values. It will help an organization and its's employees, customers, investors, and all external and internal stakeholders.

For example, consider that you are an "energy drink" manufacturing company and you 've proclaimed on the labels that you don't add any preservatives to the drink, then you should adhere to the claims you have made. If you disobey your claims and sell the product by adding preservatives, then it is considered as unethical organization practice.

• An organization's first responsibility is to provide a job to its employees. Keeping people employed and letting them have time to enjoy the fruits of their labor is the finest thing organization.
• To be successful in today's world, an organization must satisfy its customers by delivering and fulfilling their promises as well as be honest in everyday interactions with customers, suppliers, and others.
• Organizations also display their social responsibility through corporate philanthropy which includes cash contributions, donations and products, and support to its stakeholders.
• The organization's relationships with investors can also enhance by fulfilling the responsibility to be its main obligation to its shareholders.
• Considering the best ways to collaborate with local governments and residents and implement activities.
• Suppliers and other strategic stakeholders are independent, where the success of one will impact the success of another. As a result, in an organization suppliers are closely related to organizations as key external stakeholders. Timely payments, shipments, communication, and processes are key to maintaining a strong relationship with this stakeholder group.

2) As a fundamental condition, organizations have an economic responsibility to the society that permitted them to be created and sustained. In organizational business ethics, economic responsibilities played an important role. Business creates profits when they add value, and in doing this they benefit all the stakeholders of the business. It helps in managing ethics programs in the workplace and organization. Developing the highest values in an organization acts as a bridge in satisfying all the aspects. Also, by resolving ethical dilemmas and making ethical decisions.

Efforts by the economic aspects are not the only aspects, Organizations also have some legal aspects to their workplace. While meeting these responsibilities, an organization must include these factors:

• Performing in a manner consistent with expectations of government and law.
• Complying with various federal, state, and local regulations.
• Fulfilling all legal obligations to stakeholders.
• Providing goods and services that at least meet minimal legal requirements.

Organizational business ethics also meet their ethical responsibilities and these responsibilities to the "spirit" of the law. Also, businesses should conduct their affairs in a fair and objective fashion and embrace those activities, standards, policies that are codified into law. Performing in a manner consistent with ethical norms adopted by society and also preventing ethical norms from being compromised in order to achieve business goals in an organization by businesses ethical values.

Corporate philanthropy in an organization embraces voluntary or discretionary activities. It is of broader aspect and a part of the everyday expectations of the public. To fulfills its perceived philanthropic responsibilities by an organization that, must be engaged in a variety of giving forms- gifts of monetary resources, product, and service donations by the employees and organization's community and contribution to the community or stakeholder groups that make up the community.