A Corporations Social Responsibility to Stakeholders Essay

AbstractThis paper is a view on how to plan of attack the CEO, directors and managers of a potential risky harvest-tide. It will provide insight on the process of identifying the product, potential recall and the state to notify the consumer.A Corporations hearty Responsibility to StakeholdersIntroductionOne of the many things a manufacturing follow has to refer about is producing faulty products. If a company has produced defective products, it is in their trump out interest to distinguish out and address the issue before their customers find out. If the company find and address the issue start-off they can restriction the amount of lost trust and credibility. By the consumers finding out first it could take the company years or maybe never to advance the damage to their reputation. With new products becoming available for consumers the manufacturers must take the needed precautions to in sure as shooting their customers safety. How would you effectively flummox the issue of potentially defective products to the CEO, other directors, and managers?Prior to this meeting I would do an big research of the product such as retrieve any complaints from consumers if there were any and analyze them to determine if it was the same issue or hit-or-miss problems. My next step would be get the time frame when the potentially defective product was produced along with the location (s), retrieve all try on results regarding the product. Creating a presentation of the information that was gathered in my research would be beneficial.1.What the specific defect is2.What caused defect3.Location of products4.Reason for failure to comply with regulation furnished with the Recall Handbook from the Consumer output Safety Commission (CPDC) I would present the information in a group setting to the CEO, directors and managers. The type of indebtedness claim should be identified as well whether it is ((defective product design, defective product manufacturing, and fai lure/negligence to warn of product defect)) (Product Liability, n.d.).When presenting the information to the CEO, directors and managers I would be specific in regards to what the defect is, and plans for a product recall. How would you specifically notify customers of such an occurrence?The removal of defective products from the market is the office of the company. A designated recall coordinator should be appointed. This person has the responsibility to recall products that may be deemed defective or unsafe. The obligations and responsibilities of a company that has a potentially defective product have been set forth by the CPSC. If it is heady the product needs to be recalled I would follow the guidelines pursuant to the Consumer apology Safety Act (CPSA) pursuant to Section 15(b). which is The Fast Track Product Recall Program (Recall Handbook, 1998). This section is for companies that discover they have a defective product and pro-actively initiate a remedy. With the help of the CPSC I would What kind of home(a) actions would you take to prevent future problems?I believe that preventing future problems and defects is the responsibility of the quality control department. attend quality control is follows the processes and guidelines of the department. Make sure that there are in-process inspections as well as final inspections. modernise the process of how you inspection. Review your sampling plan, and insure that the sampling plan that is in place is the right one for the product and your rail line. To insure a beneficial product I would setup process capability studies (CpK) to insure the product meets design specifications. Quality control is a key factor in preventing low standards and defective products. What can be done to ensure that a strong sense of business moral philosophy permeates your company? You need just to check the news to see the how ethics can affect the business world. Examples are Johnson & Johnson, Dow Corning (DC) and man y other business have come to the shore of ruin because they lacked the business ethics to put public safety in front of their self interest and those of their companies.The focus of a company is order by the ethical principles the company adopt. These principles should permeate the company and affect the decisions the company makes (Nixon, 2009). Senior management set the ethical principles and culture of a business. Insure your business senior officers believe in business sustainability, not because of overturn cost but because it is the virtuous thing to do. Senior officers should implement their principles and ethics consistently throughout the company which will make their organization unfeigned to principles and authentic while making the organization transparent. The transparency of your organization allows your stakeholder to conclude if they want to do business with you.ReferencesNixon, L., Corporate Ethics and the Art of Balancing, 2009, Retrieved January 13, 2013, fr om http//www.corporate-eye.com/ intercommunicate/2009/06/corporate-ethics-balancing/ Product Liability, N.D., ForThePeople.com Retrieved fromhttp//www.forthepeople.com/product_liability.htm?gclid=CMyUpMnj4bQCFQiqnQodFykAMw