Final answer:
In a socially responsible firm, employees are expected to adhere to the firm's ethical standards and societal expectations, but they are not expected to develop their own core moral ideologies.
Step-by-step explanation:
Employees in a socially responsible firm are expected to conduct business in an ethical manner, pursue goals and policies that are in society's best interest, and be guided by moral principles. These actions contribute to distinguishing between right and wrong, align with the code of ethics of the corporation, and support the belief that employees must be treated as ends in themselves with respect and dignity. However, employees are not typically expected to develop their own core ideologies on moral principles. Instead, they adhere to the firm's established code of ethics and the wider ethical expectations of the society in which they operate.
The concept of meaningful work, as discussed by Norman Bowie, emphasizes the moral obligations of firms to provide work that meets several criteria, including the autonomy and rational development of the worker. Corporate responsibility extends to stakeholders such as employees, and involves fairness and proper treatment across global operations, advocating for a balance between profit and ethical employment practices. Business ethics becomes more critical as corporations grow in power and influence.