Thursday, July 19, 2012

Business Ethics and Social Responsibility | Social Responsibility and Ethics


How are social responsibility and ethics related?






















Answer:  Ethics are beliefs about what is right and wrong or good and bad. Ethics affect individual behavior in the workplace. Social responsibility is a related concept, but it refers to the overall way in which a business attempts to balance its commitments to relevant groups and individuals in its social environment.

Source: Business Essentials, 8e (Ebert/Griffin) – Global Edition

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