Ethics and Corporate Responsibility in the Workplace and the World

1648 Words Oct 27th, 2015 7 Pages
Ethics and corporate Responsibility in the Workplace and the World

Mary May

Professor Christina Williams

Ethic, Law and Compliace

August 25, 2014

Ethics and Corporate Responsibility In the Workplace and World

Key Characteristics of Stakeholders A stakeholder is a person, group, or an organization that has an interest or concern in an organization or a company. A person who is directly or indirectly affected by the functioning of a company is a stakeholder. Stakeholders are directors, employees, creditors, government and its agencies, shareholders, owners, unions, suppliers, and the community from which the business draws its resources. Stakeholders can be affected by the organization’s objectives, policies and
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(www.ohchr.org).
Human rights Human rights refer to those rights that are considered universal to humanity, regardless of citizenship, residency, status, ethnicity, gender, or other considerations. All are created equal, and they are endowed by their creator with certain unalienable rights. Rights that among these are life, liberty, and the pursuit of happiness. Today, human rights are more commonly viewed as basic to our identity as human beings. They are naturally agreed upon on a flexible basis, not dictated by a permanent authority. This allows for disagreement regarding what human rights are, and whether basic quality of life concerns such as housing and health care should be considered part of the human rights framework. It is estimated that approximately thirty five percent of the labor force is unemployed or underemployed in South Africa. Another fifty percent of the population is fully or partially employed. About eighty percent of the population is rural subsistence farmers and herders. This cohort lives in circular mud and thatch huts with outdoor plumbing, oil lamps, and wood heat. Many villages are not connected to roadways. I

Ethics and Corporate Responsibility in the Workplace and the World 3 Less than ten percent of the population works in the service and retail industry where wages are low and mistreatment by foreign-owned manufacturing plants resulted in mass civil

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