Essay About Responsible Business And 3-4Kan’T Ethics

Takata Case Study
Table of Content………………………………………1Description of initial response……………………………………………………2Case Study Questions…………………………………………………………….2What takata did?…………………………………………………………………………………2How Takata did it?………………………………………………………………………………….2What differed from the expected?……………………………………………………………3What are the individual, organizations and social consequences?…………………3How do you feel after reading the case?……………………………………………………3In what occasions have you felt like this?………………………………………………….3-4Kan’t Ethics………………………………………………………………………………4Application……………………………………………………………………………….4-5Using Kan’t Ethics and your personal value…………………………………………….5References………………………………………………………………………………….6Description of initial response Responsible business is known as Corporate Social Responsibility (CSR) which means a business provides better distribution of wealth and production ethically for its stakeholder. By practicing CSR, business will change their business model to environmental and social welfare friendly and behaves ethically. I think business should be responsible as it impacts the society. Besides that, Narrow view defined as the responsible of business is to focus on profit maximization and shareholder’s perspective. Furthermore, responsible is important for businesses are profitable and ensuring this must be the first responsibility. For example, sales or profits isn’t the most important objective in a company.In conclusion, Board view defined as a company responsibility, not just to its shareholders, but also to all the other populations that affect or are affected by its behaviour. For example, when a company does not responsible on what they did and because of their behaviour can cause to bankruptcy.                                                                                         (153 Words)