Corporate Responsibilities and Ethical Problem †Free Samples

Question: Disccuss about the Corporate Responsibilities and Ethical Problem. Answer: 1.The present problem is based on the ethical issue raised during the course of business. The case is evolved with hotel management, hotel development opportunities and the ethical problem that can be raised from the issues (Velasquez Velazquez, 2015). It is very hard to pin down the ultimate definition of ethics. Ethics consists of certain moral principles that should be maintained for the betterment of the society. The term ethics can be raised regarding the every possible grounds. There are certain professional ethics that can be taken place during the commencement of a business. In business ethics, there are a confliction between the morality and ethics cropped up (Hoffman, Frederick Schwartz, 2014). Business ethics developed through the conduct of the parties and from the nature of the business. It has two different aspects that are used to regularise the effect and consequence of the ethical issue of business. The two wings of business are the normative and descriptive. In the present case, an ethical problem arose regarding the establishment of a hotel in an island of Caribbean. There are many opportunities present if the hotel can be established. However, certain ethical issues cropped up regarding the same. According to the words of Adam Smith, people who are involved in the business sector, often go against the public policies. Similar situation has arisen in this case as if the hotel be established there, the living environment of the locals may hamper and even it can cause degradation in the environment. Such a problem is needed to be resolved at the earliest stage. The problem can be resolved by taking certain measures that can be useful for the locals and for the business. This is a case of ethical dilemma and to solve the problem, ethical approaches are needed to be adopted. There are certain theories present that can be present the idea of ethics from various dimensions. The most appreciable methods in this case is social responsibility ethics (Melissen, Ginneken Wood, 2016). The main theme of this theory is to fulfil the duties without hamper the society. It is intended to maintain a balance between the economic growth and the betterment of the society. The measures that can be adopted here are as follows: If there is a hotel be established in the sector or that area, certain land is needed. Land can be taken from the locals but the problem is whether they will give their consent where they are residing for centuries. That problem may be solved if a replacement or relocation of them can be possible. The second problem is to gain the government assent. There are certain advantages present if a hotel can be established there. The place can be a good tourist place that can be held profitable for the economical growth of the country (de Grosbois, 2016). Government can get a lump sum tax from the hotel authorities. If the hotel can be established, there can be an opportunity regarding the appointment of the employees necessary for the works of the hotel be cropped up. It will develop the living condition of the locals. 2.There is a term regarding the facilitation fee used here. Certain amount can be used to facilitate certain administrative procedure. It is paid to the government officials to complete certain job or work for the benefit of the payment making party. In this case, an attractive amount of facilitation fee can be played an important role for the betterment of the project (Fee Roulston, 2014). Facilitation fee are payable to the officials of the lower level where the clerical process are go on and it is not a kind of bribery. It is different than that. An ethical issue is lying in this case. In some countries, facilitation fees are considered as bribe and therefore unethical in nature. The main reason behind it is this payment is not intended to use for the benefit of the business, rather they are used as a fees to obtain the assent of the government work. It also used to obtain certain license or permit for some project. In the countries like United Kingdom and Germany, the process of taking facilitation fee is considered illegal to prohibit the corruption in the government sector. In this case, there is a situation arose regarding the payment of facilitation fee. In the provinces of Caribbean, there is a lean for the smooth inflow regarding the foreign direct investment is present to develop the economies of the country (Lian, Rahman bin Alas, 2015). The country is providing several opportunities to the foreigners who want to do business in their land and in this criteria, the government is adopting certain friendly policies. Therefore, if there is ground to pay the officials any facilitation fee, it can be considered as ethical approach for the establishment of business there. 3.It is the utmost duty of an entrepreneur to start up a hotel business with a developed customer responsibility management and to provide the customers with certain facilities (Polite Santiago, 2017). In case of establishment of any hotel, a huge amount of money is needed. Therefore, the main target of the hotel authorities is to earn money that can be held profitable for them. Money will help them to meet their targets so that they can be able to repay the loan if any and to provide certain benefits to the customer for the betterment of the hotel in subsequent event (Weaver, 2014). In this case, it has been observed that the authorities who want to open a five star hotel in the island, decided to open a casino in the hotel to attract the customers (Wang, 2014). There are certain reasons behind the decision that can be categorised as follows: The customers, who will come to the hotel, invest their money in the casino and there is a scope for the hotel authority to earn a huge amount of money during the process. Casino can be an attraction regarding the customer orientation program and there is a scope to make the economic base of the hotel strong (Walker, 2016). Casinos are one of the main entertainment products for the customers who will come to the island to spend the holidays and it is a common mentality of people to earn money by luck. They will definitely try to check their luck and that could be the ultimate checkmate for the hotel authorities. One of the key metrics of the hotel business is the economic gain and casino will be helpful for the purpose. The customers include the common people, tourists and the business personnel. Apart from that, there is an opportunity arise regarding the appointment of new employees and a scope can be arisen for the locals to be appointed in that hotels that will indirectly help th e economic background of the country. The tax that will be imposed on the hotels and on the casino will be lump sum in nature. Therefore, the implication of the casino on the promotion of the hotel is positive in nature. 4.As a business development Director of a firm, it is the utmost duty to analyse all the scope, both positive and negative and come into a conclusion regarding the investment process of the development firm. It should be kept in mind that there are a lot of be invested into the business. Therefore, the decision should be kept by analysing all the respective procedures. There are certain things that are to be considered for that purpose. Certain ethical issues are also involved in this case. The first issue is that if a five star hotel is to be concocted in the area, there is a need of land that are to be collected from the locals. Henceforth, if there is no scope for the replacement of the locals in any alternative place, that could be affect the project vehemently (Barsky Maier, 2015). It is the first and optimum duty for the authority to make them give assent for the same to meet the requirement of the hotel business. Theory regarding the social responsibilities is applicable in such place. It is possible that a hotel in such place can be affect the environment and the social life of the local inhabitants. Therefore, certain ethical approaches should be adopted to maintain a link between the ethical issues. There should be no ethical dilemma or environmental degradation takes place regarding the same. An acceptable interaction between the local governments is needed in such case. If there is a provision that does not make the process of facilitation fee illegal, then the problems can be resolved by way of providing an attractive amount of money to the government official. The friendly atmosphere of the island will help to catch the customers and therefore, the hotel authorities should provide facilities to the customers. A bold step regarding the same can be taken by way of opening a casino in the hotel. That can be proved as a customer-oriented step where they will invest money to check their luck and due to this, the hotel will gain infinity of profit. Therefore, an investment in the project can be helpful in these area but that should be meet the ethical approaches regarding the business without hampering the locals and the environment. Reference: Barsky, J., Maier, T. (2015). WIN OR LOSE, IT'S THE CASINO EXPERIENCE THAT GAMBLING HOTEL GUESTS VALUE MOST.International Journal of Business, Marketing, Decision Science,8(1). de Grosbois, D. (2016). 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