Management of the company has shown past history of philanthropic acts. The company is socially responsible as an organization and as part of this relocation plan, management plans to build a new school to address the overcrowding and the lack of basic necessities, technology, and space for the students. Management also plans to be a corporate partner for the development of the underdeveloped areas in the community. This act of the company suggests that company is very active in philanthropic activities for the community at large.
We had a look at all of the four key aspects for an organization to be called Corporate Socially responsible organization. In the next part we will have a look from the eye of the stakeholder in the case. In this section we look at all the stakeholders, there ethical concerns and the possible decisions that they can take.
Each stakeholder’s case should be clear. The biggest stakeholders in this case are the people of region. The whole economy of the region depends on this plant and hence relocating it will harm them in a bad manner. These problems can be solved by considering all the stakeholders and how they are affected. This will give us a proper holistic view of the situation. Considering the ethical theories the management should make the decision which maximizes the overall good of the greatest number of individuals.
1. The alternatives are rare and if one is looking at minimizing the loss then the maximum benefit is in keeping the plant.
2. Clean Energy Corporation needs to look forward for ways to keep majority of the people concerned happy in this case.
Researchers employing the positivistic paradigm assume that social reality lies within the domain of the research and has to be measured to understand it.