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Friday, May 31, 2019

Whirlpool Corporation †A Lawful, Ethical, and CSR Minded Business Essa

Whirlpool stomach A Lawful, Ethical, and CSR Minded stock     Whirlpool Corporation A Lawful, Ethical, and CSR Minded Business     During the past several years global companies, like Whirlpool Corporation, have gained global awareness of the complex and evolving legal, ethical, and social expectations of their stakeholders. While many companies have started to rein in these new set of requirements by modifying their mission statements, business organization policies, and workplace practices, leadership companies continue to wrestle with the challenge of integrating these three vital topics into their overall business operation. Companies that successfully integrate plans to incorporate the legal, ethical and corporate social responsibility concerns within all areas of their business stand to gain financial and social benefits by the identification of new business opportunities, the strengthening of their brands and corporate reputation , the attraction and retention of top employees, and the recognition as a trusted partner (Integrating CSR bleak Risks, New Rewards, 2004).     In this particular paper, the author will attempt to describe how legal issues, ethics, and corporate social responsibility (CSR) impacts the management planning of Whirlpool Corporation.      Whirlpool Corporation is the worlds leading manufacturer and marketer of major home appliances, with annual sales of over $13 billion. They employ 68,000 people, and have nearly 50 manufacturing and technology look centers around the globe. The company markets Whirlpool, KitchenAid, Brastemp, Bauknecht, Consul and other major brand names to consumers in more than 170 countries. Whirlpool Corporation is also the principal supplier to Sears, Roebuck and Co., of many major home appliances marketed under the Kenmore brand name (Fast Facts, 2005).      Embedded in Whirlpool Corporation and their get along of Directors is the deeply held value that continues to guide them "There is no right way to do a wrong thing" (Continuing Legacy, 2005). This basic code of conduct underlies the companys long tradition of strong and independent corporate governance. Whirlpools Board of Directors is currently comprised of eleven directors, nine of whom are indepen... ...al responsibility and education. Retrieved      June 25, 2005, from      http//www.whirlpoolcorp.com/social_responsibility_education.html.ReferencesWhirlpool Corporation. (2005). Social responsibility and the environment.      Retrieved      June 25, 2005, from      http//www.whirlpoolcorp.com/social_responsibility_enviroment.html.Whirlpool Corporation. (2005). Social responsibility and mexico. Retrieved      June 25, 2005, from      http//www.whirlpoolcorp.com/social_responsi bility_mexico.html.Whitman, D. (2003, April). Building a global faithful following. Retrieved      June 26, 2005, from      http//static.highbeam.com/a/appliance/april012003/buildingagloballoyalfollowing.Yahoo Finance. (June, 2005). DiversityInc. magazine recognizes whirlpool for diversity      strengths. Retrieved June 25, 2005, from      http//biz.yahoo.com/prnews/050616/deth006.html?.v=14.     

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