The Caux Round Table for Moral Capitalism is one of many prominent business organizations which develops global standards for the responsible business.
Review the list of seven core Principles for Responsible Business (Links to an external site.) contained in the Caux Round Table website, which we have listed here as well:
- to have respect for stakeholders,
- to contribute to economic, social and environmental development,
- to build trust,
- to respect rules and conventions,
- to support responsible globalization,
- to respect the environment, and
- to avoid illicit activities.
Select the core principle you think is most important and discuss your viewpoint in an individual write-up.
- State the reasons why this principle has a crucial role in developing and promoting equitable solutions to key global issues.
- Indicate how the principle relates to the Components of the Global Business Ethics Infrastructure and ethical theories discussed in the course and the readings.
- Indicate the relevance of that principle in your experience, your major personal concerns and suggestions to address these concerns.
- Identify any potential barriers to adopting the principle and suggest changes to address these barriers.
Your submission should be limited to 2-3 pages,
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