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Social responsibility and ethics at L.L. Bean

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Social responsibility refers to developing businesses and organizations with a positive relationship with the society where they operate. It is the idea that organizations should embrace their social responsibilities and not focus only on maximizing profits (Rogers, Collins, Chua, & (Firm), 2008). L.L. Bean is a private outdoor specialty catalog and a retail store that was found by Leon Leonwood Bean in 1912 (Witherell, 2011).

Social responsibility is a priority for this company. L.L. Bean works towards adding value to anyone who have an interest in it. L.L. Bean protects the environment with its responsible business practices, charitable giving, promoting sustainable forest initiatives, and green building and so on. L.L. Bean continues building a strong customer focus to provide profitable results to its employees and its stakeholders and still maintaining private ownership. L.L. Bean continues with its commitment to the environment, responds to the changing market conditions and competes in the global landscape. For instance, it has adopted the fair labor practices for employees outside the United States in terms of wages and working conditions. Employees of L.L. Bean are given an opportunity to participate in tasks that sustain the environment and encourages the employees to test its products (Rogers, Collins, Chua, & (Firm), 2008).

Business ethics refers to moral guidelines that govern good business practices. In business, behaving ethically is regarded as a good business practice. Employees and the community define L.L. Bean as an ethical company. The company shows its ethical practices through proper business practices that sustain the environment. The company also shows ethics to its clients by its transparency in business practices. The company offers quality clothing to its customers. The company also rewards its employees. About 80 percent of L.L. Bean employees are compensated fairly by the company. They enjoy unique and special benefits, support for their work-life balance and get genuine appreciation from the company (Rogers, Collins, Chua, & (Firm), 2008).

References Rogers, C., Collins, C., Chua, E.-H., & (Firm), F. f. (2008). Ethics and social responsibility. Hamilton: Films for the Humanities & Sciences. Witherell, J. L. (2011). L.L. Bean: A man and his company: the complete story. Gardiner: Tilbury House.