Obligations of Corporations

 
 
 
 
1. What are four general obligations of corporations?

Before laying out answers to these questions on corporate ethics, I think it is important to lay out a basic framework for talking about corporations in the first place. First, the old model of seeing a corporation as a well-maintained machine is no longer salient or useful to the analysis of ethics. Second, we need to substitute a new model of the corporation as organism. This switch should make clear the ethical issues. It will also help managers and employees to overcome some destructive assumptions; that everything is a resource, that resources are unlimited, that the corporation must grow to survive, that the purpose of the state is to legitimize exploitation, that the purpose of humanity is to produce and consume, and that the purpose of the universe is to supply human and corporate desires. Additionally, the machine analogy of the corporation leads to false economic assumptions; that mass production is most efficient, obsolescence is necessary for growth, that people's base desires are satisfied by advertised products, and that cost is more important than quality (Wittbecker, 2). By making this switch of analogies, it will be more clear that four general obligations of corporations are: stability (people depend on corporations for existential survival), cooperation (with human and non-human resources), justice (within the corporation's loci of operation), and environmental/ecological responsibility (beca


     
 
 
 
    

 

Related Essays

General Motors in South Africa .... goals. Legal and ethical experts still debate the moral obligations of corporations. That they must make a profit is clear. But .... (1980 8 )

Subchapter 5 Corporations .... of the Subchapter S Corporation lies in the ability to better manage federal income tax obligations in many instances. Subchapter S corporations are permitted .... (2403 10 )

S Corporations and Partnerships .... Different Features of S Corporations and Partnerships In an S corporation, just like .... are held jointly and severally liable for the debts and obligations of the .... (3638 15 )

An Assessment of Schumpeter's Capitalist Transition .... management. As proposed, the MAI would have no obligations on international standards for transnational corporations (TNCs). While .... (2977 12 )

Ethical Dilemma at Coca-Cola .... specific evidence linked to selected major American corporations (of which .... the funding for these plans were structured as retirement compensation obligations. .... (1026 4 )



Category: Business - O
 
 
 
Common Topics
 
 
 
 
 
 
 
Click Here to Get Instant Access to over 32,000 Professionally Written Papers!!!
 
 
 
Join Now  
 
 
 
 
 
Saved Papers  
 
 
Save your essays here so you can locate them quickly!
 
 
 
Testimonials  
 
"Thank you for making such a high quality site! Your papers are the best I have seen around"
Debbie B.
 
"Your site was very helpful and gave me the details I needed in order to complete my essay!!!"
Mike F.
 
"This site is an excellent vehicle for quick referrences. Thanks a bunch!"
Carla T.
 
"Great site, I got a lot of new ideas I would have never thought of before."
Nate A.
 
"I love this site!!!"
Marie H.
 
 
 
 
Copyright © 2007 - 2012 Lots of Essays. All Rights Reserved. DMCA