Topic > Business Ethics D: Ethics and Social Responsibility

According to Ferrell, OC, Fraedrich, J. and Ferrell, L., (2009, p. 91) this is defined as an approach that “focuses on the preservation of individual rights and on the intentions associated with a particular behavior rather than on its consequences” (Ferrell, et. al., 2009, p. 91-92). Company Q (the local, small-chain grocery store) exhibited this graceless attitude, failing to recognize the resulting failures that a lack of social responsibility could produce and having a knock-on effect on the company's corporate citizenship commitments. agency. Findings have been disproportionate regarding the lack of policies regarding strategic philanthropy options compared to the expected fulfillment of community social, economic, and environmental responsibility obligations (Ferrell, O.C., Fraedrich, J., & Ferrell, L., 2009 ). Lacking respectable practices in due diligence of business ethics, stakeholder expectations and a sustainable corporate culture, Company Q has failed, overall, to the extent that it has met its social responsibility commitment and philosophy of corporate citizenship (Ferrell, O.C., Fraedrich, J., and Ferrell, L.,