IntroductionThis reflection highlights the roles of ethics and social responsibilities in developing a strategic plan and the importance of stakeholders during this process. Incorporating the roles discussed will allow a strategic plan to work successfully. Finally, a personal perspective on ethics will be shared. Overall, ethics and social responsibilities play a role in enabling a company to operate effectively, generate an honest profit, maximize social benefits, increase public trust, strengthen the relationship with stakeholders. , provide an effective framework for conducting business, add value to the corporate image, etc. The General Roles of Ethics To initiate, develop, implement and enforce company-wide policies will increase awareness of individual expectations. Likewise, training opportunities should be available for employees to engage in learning and understanding the rationale of each policy. More importantly, this ensures accountability and demonstrates how a company should function as a cohesive unit. Ethics provides a framework for recognizing unethical actions. It is important to understand that in some cases unethical actions are not always illegal. Ethics is a moral, theory, or system for dealing with the concept of good and evil, which includes expected moral duties and obligations (Ethics, 2011). For example, character, professionalism, credibility, reliability, etc. they are ways of generalizing the meaning of ethics. The Legal Roles of Ethics In this changing world, the alarming concern is that ethics is a combination of preferences, furthermore ethical standards can vary from business-to-business, which can cause dilemmas. On the other hand,......middle of paper......nto pieces. It has damaged culture, diminished morals, questioned everyone's honesty, and attracted bad publicity that will haunt us for years. Therefore, I have chosen the path that will give me the best chance of being confident in the decisions I make at any given time. Additionally, my education at the University of Phoenix elevated my integrity. Conclusion Therefore, if properly adapted, ethics can foster public trust and strengthen the relationship with its current and future stakeholders. Since the business world is evolving and remains under constant scrutiny, it is helpful to implement ethics and social responsibilities into a strategic plan. This implementation will develop an effective framework. To put an end to this, addressing the indicated components will, when possible, close the gap between the strategic plan and stakeholder expectations.