Ethical Challenges for Non-Profits Research Paper

Ethical Challenges for Non-Profits - Research Paper ExampleThese organizations perform a vital function and oftentimes subject only the guidance of their benefactors. Their workers fight many fronts, in diverse fields, such as helping eliminate racial discrimination, poverty, diseases, hunger and political persecution, for example. They provide an important service which is often not very a great deal appreciated and in many instances, overlooked because they work without much fanfare. A good example are religious organizations which provide food or soup kitchens, helping homeless people get a unattackable meal in the middle of winter. Their efforts cannot be underestimated for they fill in the gaps where the government and the private sectors fail at times. By working and aiding the marginalized sectors of society, they provide hope and import to many lives. There are many pitfalls and benefits to capitalism but one of the most egregious failures is that certain sectors of societ y can get left out. globalization has been increasing due to the big innovations in communications and technology which helped move people, goods and services much easier worldwide, as shown by higher flows of capital in opposed direct investments (FDI) but one drawback is that in some instances, some people ended up poorer instead of being richer. People with conscience are rightly concerned with this inequality and this gave rise to corporate societal responsibility (CSR) and this paper takes a deeper look at one aspect of this issue. Discussion Corporate social responsibility had become a buzzword in business sectors because it is now considered a part of doing business it is one form how an economic entity gives back to the fraternity which has sustained it and is now generally conceded a part of continuing success. A good number of big or global organizations have adopted CSR as a part of their business model. It is now an integral part of doing business, and in this connec tion, many of them had developed their own models of doing so. The lofty goals of CSR evolved from its own attempts of having a good regulation of ethics in the wake of some previously questionable business practices the goals are intended to make a company compliant with legal regulations, good and moral standards, and a good way to practice and embrace generally-accepted international norms of doing business. The prevalence of CSR today had been partly due to the active advocacies of non pull ahead groups in the precedent years which are now bearing the fruits of their work only today. A good CSR policy put in place guides the firm in qualification the best decisions for all stakeholders involved. A business firm can opt for several modes in how to go about implementing its CSR but three forms have been suggested inside the context of this issue in which there are some nagging concerns on how best to execute a CSR policy in view of their profit motives as for-profit firms. A k ey issue involved is one of costs, in which funds and resources devoted to this policy can be evaluated in terms of their qualification and effectiveness. Activities and funds related to CSR must be maximized and the three options are to contribute (giving to charitable or nonprofit groups), to collaborate (by working closely and partnering with a chosen nonprofit organization) or lastly, to just build up an in-house program