Friday, October 13, 2006

Week 7: Discussion Questions and more

I am very surprised and excited that the profession which I chose strongly promotes honesty and ethical decisions in the workplace. Its amazing to see that personal character is just as important to a corporation as skills and abilities.
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2. News Media has featured the American Cancer Society on numerous occasions, both nationally and locally, for their continuous efforts to increase the awareness of all kinds of cancers, as well as their community events such as their Walk-a-Thon's and annual fashion shows held. On the other hand, news media has also shown companies in a negative way. Fpr example, News Media (more specifically Forbes Magazine) released a document on their website called "Corporate Scandals," in which they exploited numerous companies for their unethical practices. One such company was Reliant Energy, who was supposedly engaging in"round trip trades to boost trading volumes and revenue.
5. Starbucks is definitely a great example of a company that is well known for their CSR. I would aslo have to say that many non-profit organizations like American Cancer Society incorporate CSR into their companies. Mary Kay is also a company with a highly esteemed reputation that is corporately responsible. As you may have already noticed, all of these companies continue to grow, with Starbucks almost becoming as visible as McDonald's, and Mary Kay being one of the top cosmetic companies in the world. I think that the ethical values instilled in the company have a lot to do with the financial successes, which all comes back to the consumer, and the fact aht consumers are more than sastisfied with the business practices!

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