The First Video Case Study Was Quite Interesting As It Was ✓ Solved
The first video case study was quite interesting as it was
The first video case study was quite interesting as it was referring to corporate social responsibility and how that affects the outcome of an organization’s profits and reputation. Social responsibility is essentially when a business undertakes a goal, such as partnering with a non-profit organization, which assists the organization in becoming environmentally friendly. My opinion is that organizations should practice social responsibility, as it not only improves the world around us by providing for the greater good but also increases the reputation of the organization, which in turn, allows it to become more profitable (Chen, Hang, Pavelin & Porter, 2020).
For example, Starbucks has many corporate social responsibility programs, such as banning the use of straws for specific drinks, as their straws were filling up landfills and negatively impacting the environment.
When it comes to creating a social responsibility program, organizations must have stakeholder support, or else the program may fail. A failed social responsibility program could negatively affect the reputation of the organization, and essentially cause it to lose its profit margin (Chen et al., 2020). The main consideration when thinking of for-profit organizations is that they are essentially designed to generate maximum revenues for their stakeholders and/or shareholders.
The second video provided a different case study that was dealing essentially with the ethics of using humans as test subjects. Having a background in anthropology, as that is what my undergraduate degree is in, I know that human testing is something that needs to be reviewed by a review board, especially if it is conducted via a research center. Although this may be true for standard human testing, it is not necessary when someone is using a private company.
As the second case study was concerned with implanting people with microchips, it makes it difficult to fully develop a response as to the ethical nature of the implant. Being a cybersecurity professional, I have many reservations concerning the use case of the microchip and what the microchip is actually relaying back to the company. Is the microchip only providing GPS data? How is the microchip relaying the data? How is that data relay secured? Is there a form of encryption being used to relay personally identifiable information, as any implanted device has an identification tag that can be traced back to a single individual?
With these questions in mind, I could not ethically support the microchip implants on humans. My ethical response comes from my professional background and the fact that I am unsure of the nature of the use case, it is ethically incorrect to allow such a device to be implanted. Within my profession, we must provide a response to data security, and if we cannot ensure that data can be secured, we are ethically responsible for detailing where the lack of security stems.
Paper For Above Instructions
Corporate Social Responsibility (CSR) and Business Ethics
In today's business landscape, the significance of Corporate Social Responsibility (CSR) cannot be overstated. Organizations are increasingly held accountable not just for their financial performance, but also for their impact on society and the environment. CSR refers to the practices and policies undertaken by corporations to have a positive influence on their stakeholders, the environment, and society at large. By undertaking social responsibility initiatives, businesses can enhance their reputation and profitability (Chen et al., 2020).
For instance, Starbucks has effectively implemented several CSR strategies, such as reducing plastic waste by eliminating straws, which directly addresses environmental concerns. This not only contributes to sustainability but also resonates with consumers who prioritize ethical consumption. By aligning their operations with social values, businesses can build brand loyalty and attract customers who share the same principles.
However, the implementation of CSR programs requires careful planning and buy-in from all stakeholders. A lack of stakeholder support can lead to failure, harming the organization's reputation and financial performance. Thus, effective communication and collaboration with stakeholders are crucial for the success of CSR initiatives.
The Ethical Debate Surrounding Human Testing and Data Security
The ethical implications of using humans as test subjects, especially concerning emerging technologies like microchip implantation, have garnered significant attention. The recent case study on microchipping raises critical questions about consent, privacy, and the potential misuse of personal data. As a cybersecurity professional, I am particularly concerned about the security measures surrounding such technologies. If a microchip is implanted without stringent data protection protocols, it could expose individuals to breaches of privacy and unauthorized access to sensitive information.
In this context, corporate accountability and ethical considerations become paramount. Companies must ensure secure data transmission, encryption, and transparent communication regarding data usage. Without these, it is ethically challenging to endorse microchipping as a safe or responsible practice. The potential for misuse of personal data, particularly with the rise of data mining and targeted advertising strategies, emphasizes the need for regulatory frameworks that protect individuals' rights (Hensley, 2019).
Long-term Sustainability and Social Responsibility
In order to foster long-term business success, organizations need to prioritize sustainability and ethical considerations in their practices. Unsustainable business strategies, whether through the depletion of natural resources or questionable labor practices, can lead to significant reputational damage and financial losses in the long run. Partnering with organizations such as The Nature Conservancy can offer businesses a pathway to improve their sustainable practices while also enhancing their public image (Sitko, Woolley & Chapman, 2016).
Moreover, businesses should view their stakeholders as partners rather than obstacles. By including them in discussions about CSR initiatives, companies can ensure that their strategies align with stakeholder expectations and contribute positively to their business objectives.
Conclusion
The landscape of modern business demands not only a focus on profitability but also a commitment to social responsibility and ethical considerations. As organizations navigate the complexities of CSR and ethical implications, they must prioritize transparency, stakeholder engagement, and the safeguarding of personal data. By doing so, businesses can ensure their long-term viability while contributing positively to society.
References
- Chen, Z., Hang, H., Pavelin, S., & Porter, L. (2020). Corporate social (ir)responsibility and corporate hypocrisy: warmth, motive and the protective value of corporate social responsibility. Business Ethics Quarterly, 30(4). https://doi.org/10.1017/beq.2019.50
- Ferrell, L., Ferrell, O. C., & Fraedrich, J. (2019). Business ethics: Ethical decision making and cases (12th ed.). Cengage Learning Inc.
- Hensley, J. (2019, October 10). The risks of using car insurance tracking devices. Hensley Legal. Retrieved from [https://www.hensleylegal.com](https://www.hensleylegal.com)
- Newman, L. (2015). The implications of data collection in the era of the Patriot Act. Journal of Internet Law, 19(5), 5-14.
- Rosenbaum, E. (2018, June 16). 5 biggest risks of sharing your DNA with consumer genetic-testing companies. CNBC. Retrieved from [https://www.cnbc.com](https://www.cnbc.com)
- Sitko, S., Woolley, T., & Chapman, N. (2016). Technology and trees: Increasing trust and efficiencies in forest restoration. Arizona State Law Journal, 48(1), 125–138.