Question

how does the strategy plan of the organization ITC LTD consider ethics in decision-making processes

Answer 1

The most of decisions of ITC LTD is based on the stakeholders. people believes that these stakeholders handed them by trust and they are a trustees. it is a responsibility of company to protect and manage the intrest of the stakeholders. here following two principles which follow by the corporate are as follows-

1.without restriction management have a executive freedom for forward enterprise,

2. this freedom is exercised with effective framework accountability

In company provide the power to executives which create system for check and make balance about decision making process as well as it used get the stakeholders aspirations , transpereancy, accountability as well as motivate to stakeholders and improve the quality of decision making process. but this power does not misuse.

ITC LTD comapny is make many more startegy, organizations, comprehensive code of conduct for improving quality of company. this company is believe that decision make on ethical way because it strength to the stakeholders.and most importantly it enhanced the trust of employees for work, which support to stakeholders to make a progress report.