Ch. 3 - Ethics & Social Responsibility

Running a socially responsible and ethical company is often the best thing for a business. By having a company that stands for ethical values, you show people integrity and empathy. More and more people are choosing to buy products from companies that are socially responsible rather than buying products from a company that damages the environment. More and more smart consumers are switching to socially responsible products. Majority of people would rather work for a company that stands for something benefiting humanity as a whole. Employees in ethical business are sometimes willing to work harder, and with more passion for the same pay or even less. Businesses that are ethical and socially responsible often find that other businesses come to partner with them before they come to partner with other less socially responsible companies.

The Google founders have a desire to promote the welfare of others, so they gave $1 billion in seed money with the objective of tackling poverty, global warming, and diseases. The Google company makes the world a better place: It is environmentally friendly, it has significant minority and women representation at all levels, and it is doing very well financially. Google donated $1,000,000 to Haiti. They also offer free advertising to nonprofits through their Google Grants Program. They also have an extensive list of free or low-cost services for nonprofits and universities through their “Technology-Driven Philanthropy” campaigns. An ethical violation that Google does is that they not only gather vast amounts of personal data, they aspires to global domination - and that's creepy, writes John Naughton. .