with Complete Solution
Grace Dula
C206 Ethical Leadership, Task 2
Western Governors University
Table of Contents
A. Corporate Social Responsibility 3
A.1. Primary and Secondary Stakeholders 3
A.2. Corporate Social Responsibility and Paradigm Toys 3
B. 1. Significance of an Ethical Culture 4
B.1. a. Role of Ethical Culture 4
B.2. Purpose of an Ethics Audit 5
B.2.a. Value of an Ethics Audit 5
C. 1. Ethical Dilemma Framework 5
C.2. Probable Solutions for Ethical Dilemma 6
C.3. Best Ethical Decision 7
D.1. Ethics Training Topic Proposal 7
D.1.a. Description of Ethical Training Themes 7
D.2. Application of Ethical Training 8
E. References 9
, Corporate Social Responsibility
Corporate Social Responsibility, CSR, is an organization's effort to address ethical issues,
social responsibilities, environmental concerns, and how business practices impact the economy.
In organizations, three reasons exist for implementing corporate social responsibility: pragmatic,
ethical, and strategic. From a pragmatic perspective, organizations must responsibly use their
power in society or risk losing it. (Trevino & Nelson, 2017) Corporations survive in the
marketplace as entities with certain advantages, as society allows. Abuse of these corporate
advantages can damage the business.
The ethical approach can overlap with the pragmatic. If society views the business as
unethical, the company could experience a loss in revenues and positive brand recognition. It is
beneficial for the organization to maintain an ethical and socially responsible perspective and
contribute to societal values. These values can be achieved by actively engaging in exceeding
operating standards required by legal and regulatory directives, observing environmental
protections, implementing favorable employee practices, and ensuring a positive societal
agreement with all stakeholders.
The strategic reason for an organization to engage in social responsibility is the
intertwined relationship between organizations and society. Organizations need a thriving culture
to be profitable, ensuring access to a dynamic and diverse labor force with a sustainable
economic base. Thriving communities rely on organizations for employment opportunities,
improvements, and financial sustainability.
Primary and Secondary Stakeholders
Two primary stakeholders impact Paradigm Toys: the organization's employees and the
customer base. (Trevino & Nelson, 2017) In a contractual agreement with Paradigm Toys, other
primary stakeholders could be the shareholders and additional companies in a contractual
association. A secondary stakeholder is the residents of the company's local community. Also,
online patrons are secondary stakeholders as they influence organizational outcomes based on
product reviews.
Corporate Social Responsibility and Paradigm Toys
For the organization to fulfill its corporate social responsibility to its primary
stakeholders, the employees, it must implement and employ positive human resources initiatives
that support ethical principles. Employing these initiatives means that talent attraction and
retention will be increased through positive employee engagement as an encouraging
organizational culture exists, influencing the success of business outcomes.
In support of the other primary stakeholders and the customer base, it's in the best interest
of Paradigm Toys to prioritize its social responsibilities by safeguarding product protection,
sustainability, and inclusivity. The organization could use non-toxic and non-flammable