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The importance of ethics and social responsibilities of business organisation ( a case study of nigerian bottling company plc enugu )

 

Table Of Contents


Thesis Abstract

The importance of ethics and social responsibilities of business organizations cannot be overstated in today's globalized and competitive business environment. This research aims to explore the ethical practices and social responsibilities of the Nigerian Bottling Company Plc in Enugu, Nigeria. The study will examine how the company integrates ethical considerations into its business operations and the extent to which it fulfills its social responsibilities towards the local community and the environment. Ethics in business is crucial for maintaining trust and credibility among stakeholders, including customers, employees, investors, and the wider community. By adhering to ethical standards, companies can enhance their reputation, build long-term relationships with stakeholders, and mitigate risks associated with unethical behavior. In the case of Nigerian Bottling Company Plc, the research will investigate the company's ethical guidelines, codes of conduct, and mechanisms for enforcing ethical behavior among employees. Moreover, the concept of corporate social responsibility (CSR) has gained prominence in recent years as businesses are increasingly expected to contribute positively to society and the environment. Through CSR initiatives, companies can address social and environmental issues, support community development projects, and demonstrate their commitment to sustainable practices. The research will analyze the CSR activities of Nigerian Bottling Company Plc, including its initiatives related to education, health, environmental sustainability, and community engagement. The Nigerian Bottling Company Plc operates in a challenging business environment characterized by economic, social, and environmental issues. As a major player in the beverage industry, the company has a responsibility to conduct its operations ethically and contribute to the well-being of the local community. By examining the ethical and social practices of Nigerian Bottling Company Plc in Enugu, this research seeks to provide insights into the importance of ethics and social responsibilities for businesses in Nigeria and beyond. Overall, this study will contribute to the existing literature on business ethics and corporate social responsibility by providing a detailed analysis of the practices of Nigerian Bottling Company Plc in Enugu. The findings of the research will offer valuable insights for business leaders, policymakers, and academics interested in promoting ethical behavior and sustainable business practices in the Nigerian context.

Thesis Overview

                    INTRODUCTION

I.I  BACKGROUND OF THE STUDY

          Ethical and social responsibilities of business organization have always been a critical concern of every social. Each society strives to ensure that tose who engage in any form of business within the society are always morally upright in their daily actin=vities.

          Ethical and social responsibilities are ideas that focus on moral conscience of business. The concept of ethical responsibilities has to do with those issues tht concern business mn’s attitude to their organization as wll as their customers, while socil responsibilities has to do with the duties or obligations of business to the problems interest and needs of the social at large.

          Business organizations are constantly changing so do their environment. The bigger the organizations the more important the issue of ethical and social resposibiliies becomes. Many business are large and powerful economically so much that their decisions and policies have vital impact on the society. This means that a rowth in economic power also entails a corresponding growth in social powers as well as social responsibilities. The growth therefore increases phenomenally the moral ethical responsibilities of such organization to the world around its area ofoperation. This is because the more the changes in economic growth of business, the more the society expects from that organization. Therefore business organization should have a changing social role, which enables it to adapt and shape its environments, so that it can become and remain viable. In the circumstance, any business organization that wishes to hold on to its economic power must of a necessity, be sure that it is exercising an equivalent amount of social / ethic roles to the social. The equation which should always balance, hardly balances in these days of competition and dubious business dealings that result in spurious /superficial profit declaration.

          The research topic that can also be tagged ethical and social responsibilities of Nigeria Bottling plc Enugu, is one that is intended to determine how ethically and socially responsible the company is.

1.2) STATEMENT OF THE PROBLEM

          The following are the statement of the problem

  1. It is difficult to ascertain the extent of neglect of social responsibnilities and unethical trade practices by Nigeria Bottling company plc show deviatin from governmental rules set up to guide the functions and activities of various business organizations.
  2. The bigger NBC grows, the more unethical responsible it becomes.
  3. Neglect of social responsibilities and unethical by NBC result in the declaration of over-bloated profit margins.
  4. Unethical cum social responsibilities of NBC plc has led to social and environmental problems to their customers and host communities.

1.3) OBJECTIVES OF THE STUDY

          Society not onlty expects economic performance from firms they also expect to find correlation between economic performance and the discharge of its ethical and social responsibilities to the society.

          With the emergence of such special interest groups in the country as environmtal rights activities, oil mineral producing areas association and other pressure groups and with the increasing report of clasher between firms and their host communities. The need for a study of or the highlighting of the importance of ethical and social responsibilities of business organization becomes more imperative, hence the choice of this topic.

          The purpose of the study can further be explained as follows:

  1. To determine to what extent neglect of social and ethical responsibilities by NBc plc Enugu show a deviation from government rules set up to guide the functions and activities of various business organization.
  2. To find out why marginal growth of NBC plc breeds more unethical and social irresponsibility in its wake.
  3. To determine the extent lack of ethical and social responsibiolity has contributed in the profit margin of NBC plc Enugu.
  4. To ascertain how unethical cum social irresponsibility of NBC plc has led to social and environmental problems to their customers and host communities.

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