Ethics And Social Responsibility Of A Global Company

Part A: The approaches to ethics and social responsibility Employees of a global company such as MKD need to adhere to the companies’ regulations as well as guidelines regarding ethical behavior and responsibility. The various ethical behaviors that are exercised by MKD towards their employees include, abiding to the law. With regards to the oil spill, the employees of the company are required to take the required measures that will ensure that the damages of the oil spills are minimized, this will enable the company to adhere to environmental laws as well as prevent the occurrence of law suits and government fines. The employees of the company are also required to be responsible for their actions regardless of whether the actions are positive or negative. The employees in this case are required to take responsibility after the oil spill before it causes more damage. They are also required by the management to ensure that they keep the environment clean as they carry out their organizational activities. The employees of the company al so need to be accountable, they thus need to communicate their negative actions to the management as well as admit to their actions in a timely manner. In our case, they need to assess the damage that has been caused by the oil spill, as well as identify the causes of the oil spill instead of blaming each other (Damon P. 2010). The public’s perception with regards to MKDs’ responsibility towards the environment will depend on MKDs’Show MoreRelatedGlobal Crossing Management1100 Words   |  5 PagesGlobal Crossing Management 1 Global Crossing Management Mary Adams MGT/330 April 6, 2010 Global Crossing Management 2 Global Crossing Management Global Crossing was founded in 1997 by Gary Winnick. They reported $3.8 billion in revenue and $1.9 billion in losses in 2000. 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