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Task 2: Developing Organizational Ethics and Socially Responsible Behavior
Ken Shoup
Western Governors University
Susan Skinner
December 8, 2024
, 2
A. Discuss the purpose of corporate social responsibility (CSR) in an organization.
The purpose of corporate social responsibility (CSR) in an organization is to keep
an organization accountable to outside forces that drive its business, namely all its
external stakeholders. The “3 P’s” drive CSR: people, planet, and profit. People are the
individuals that the organization interacts with – shareholders, consumers, and the like.
Planet talks about an organization’s environmental policies that draw on its availability to
take advantage of natural resources. Profit is self-explanatory and drives a corporation’s
reason for existence; without profit, an organization is unviable. Balancing the three is a
challenge that organizations face when developing CSR policies.
A company can develop CSR policies because they believe it’s the right thing to
do, or because they see the interdependent relationship between society and business –
the health of one is vital to the health of the other. Several benefits arise from CSR,
including a good reputation for the organization in society. On an economic side, CSR
and good ethics brings in socially responsible investors and avoids the cost of illegal
conduct and government regulation.
1. Identify one primary and one secondary stakeholder that influence
Paradigm Toys.
One primary stakeholder for Paradigm Toys would be its customers. Customers
purchase the toys and serve as the primary driver for company profits. Without the
support of its customers, Paradigm Toys has no real economic or financial viability, the
most basic corporate social responsibility.
A secondary stakeholder for Paradigm Toys would be its competitors.
Competitors drive things such as market pricing and the combined market for toys
Task 2: Developing Organizational Ethics and Socially Responsible Behavior
Ken Shoup
Western Governors University
Susan Skinner
December 8, 2024
, 2
A. Discuss the purpose of corporate social responsibility (CSR) in an organization.
The purpose of corporate social responsibility (CSR) in an organization is to keep
an organization accountable to outside forces that drive its business, namely all its
external stakeholders. The “3 P’s” drive CSR: people, planet, and profit. People are the
individuals that the organization interacts with – shareholders, consumers, and the like.
Planet talks about an organization’s environmental policies that draw on its availability to
take advantage of natural resources. Profit is self-explanatory and drives a corporation’s
reason for existence; without profit, an organization is unviable. Balancing the three is a
challenge that organizations face when developing CSR policies.
A company can develop CSR policies because they believe it’s the right thing to
do, or because they see the interdependent relationship between society and business –
the health of one is vital to the health of the other. Several benefits arise from CSR,
including a good reputation for the organization in society. On an economic side, CSR
and good ethics brings in socially responsible investors and avoids the cost of illegal
conduct and government regulation.
1. Identify one primary and one secondary stakeholder that influence
Paradigm Toys.
One primary stakeholder for Paradigm Toys would be its customers. Customers
purchase the toys and serve as the primary driver for company profits. Without the
support of its customers, Paradigm Toys has no real economic or financial viability, the
most basic corporate social responsibility.
A secondary stakeholder for Paradigm Toys would be its competitors.
Competitors drive things such as market pricing and the combined market for toys
