Corporate Strategic Management and Ethics 1. The Role Of Ethics And Social Responsibility In Strategic Planning And Management 799 Words | 4 Pages. KEY WORDS: corporate citizenship, ethics, social responsibilit y, strategy ethics, they need to support their beliefs and assertions with sound reasoning; in other words, even if people believe that ethics is totally subjective, they must be able to justify their positions through logical, theoretically based arguments. strategic returns for the business, and how any negative effects are being addressed. Management ethics is a complex discipline and its importance is still growing. Setting an organizational strategy, vision, and set of values is the starting point of any new venture. In a business environment, ethics are a key factor in responsible decision making. the strategic use of ethics and social responsibility found in the current literature. Role of Ethics and Social Responsibility: Ethics and social responsibility play a substantial role in developing a strategic plan for an organization. We then analyze the ethics of such approaches using both utilitarianism and deontology and end by defining limits to the strategic use of ethics. 6. Importance of Business Ethics in Strategic Management. Building in a strong sense of ethics, and an alignment with the well-being of all existing stakeholders (and society at large) is an integral aspect of the strategic planning process. Strategic plan is a blueprint and a guiding document that guides organizations growth by stating what’s need to be done, how it will be done, by who and what is expected of all the involved parties. Management accountants have a particular ethical responsibility to promote an ethics based culture that doesn’t permit practices such as bribery. 2. Ethics are a set of moral standards that are relied upon to reach conclusions and make decisions. This paper consists of SEVEN written test questions of which you must answer FIVE questions in total. The view of the importance of ethics in the leading positions is stressed in many publications. Section A (40 marks) consists of one compulsory question Section B (60 marks) consists of five 20-mark questions. Strategic management focuses on how an organization uses a strategic planning process to make decisions. strategic management governance and ethics Sep 13, 2020 Posted By Stan and Jan Berenstain Publishing TEXT ID d428457f Online PDF Ebook Epub Library strategic management governance and ethics it ends up beast one of the favored book strategic management governance and ethics collections that we have this is why you All managerial actions must theoretically match an organization's central goals and department-level operational goals. A strategic plan is a plan to achieve long-term objectives of the company and incorporating business ethics in this plan would ensure that company is truly following its ethics and ensuring the long-term success of the company. Strategy and Ethics. Business Ethics and Management Ethics Ethics in business relate to how an organization or corporation handles situations that require moral decisions. You must answer three questions only.