Business ethics usually implemented through corporate social responsibility is very important to ensure the long-term success of organizations. While it is possible to attract customers in the short term through fraudulent marketing strategies, it is impossible to retain them using them. As soon as they learn about the company's true image, customers rush to do business with competitors. To avoid such scenarios, organizations are forced to relate well with different stakeholders through business ethics and corporate social responsibility strategies. By dealing well with suppliers, a company is assured of timely delivery of the right quality and quantity of raw materials/supplies. Likewise, relating well with customers leads to increased business, community leads to adequate support in its ventures, employees means highly motivated workers committed to the organization's vision, and governance leads to avoidance of legal problems. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Through business ethics, a company benefits in the sense that it is committed to doing what is morally right. This way, stakeholders are interested in doing business with the company by helping it beat the competition. This explains why business ethics and corporate social responsibility are not only topics of heated debate, but also why companies in all countries strive to follow ethical business practices and engage in corporate social responsibility. This is based on Pfannkuch's (2016) argument that it is after creating and maintaining a good reputation that different stakeholders would be interested in doing business with a particular company. Interestingly, the common theme in major East Asian countries, including Japan, China and Korea, is based on corporate responsibility. This is done not only by relating well with different stakeholders, including community members, but also by protecting the environment. As good community members, organizations in these countries look for important initiatives to support. These are initiatives that would benefit the public, including health services, public parks and support for various sporting activities. To relate well to the community, large companies identify the most important services in the community and propose programs to support them. This usually involves the provision of educational and health services. Although at different levels of corporate responsibility, Debra (2013) argues that many countries are affected by reputation scandals which force them to develop community programs to counter this phenomenon. For example, in Indonesia, although Pegadaian is considered the cause of the poverty experienced in the country, it has designed programs to combat these issues including an ambulance donated to the poor, sponsorship of three orphanages, and free healthcare services in Central Jakarta. Similarly, companies in Vietnam, Cambodia and Laos are facing issues of heritage conservation and workers' rights. This leads to community support programs, including health education and family planning sessions, well digging and fruit tree plating by Angkor Gold in Cambodia. In communist Vietnam, HSBC partnered with Maison Chance and the Dariu Foundation to help disadvantaged children through various programs. Although there are numerous similarities in business practices in East Asian countries, there are also some differences. Among the main differences is the scale of the challenges.
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