+1 (218) 451-4151 info@writersnest.org
Select Page

Overview
In developing a business strategic plan, the goal is to provide a product or service that ultimately generates profit. More so, this plan helps identifies a business desire at a particular time during the life-cycle, which is beyond the day-to-day operations (http://managementhelp.org/fp_progs/sp_mod/str_plan.htm) OR (http://www.businesslink.gov.uk/bdotg/action/detail?itemId=1079687246&type=RESOURCES). In doing so, incorporating business ethics and social responsibilities initiatives, policies, or best practices are key. For this reason, the dedication consumes a significant amount of time in the decision making process. Each decision made must be carefully thought out and demonstrate that ethics and social responsibilities were taken into consideration. Consider cases such as, Xerox, Worldcom, Merrill Lynch, etc. where unethical decisions were made, which lead to a scandal. Yet, the challenges in developing a strategy that provides profit, includes an ethical business approach, and achieves maximum social benefits through programs and projects can become difficult, if no…
… middle of paper …