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Note: 1 case 2, p316~324 1 business ethics comprises a) the laws and regulations that guide behavior in the world of business. Business ethics vs social responsibility business ethics and social responsibility are commonly used in everyday parlance almost interchangeably while social responsibility is self explanatory, ethics is a word that puts one in a dilemma. Business ethics take into consideration responsibilities not just inside the workplace, but also within the environmental, cultural, and social structures of communities. Ethics are a set of moral principles which are recognized in respect to a particular class of human actions or a particular group, for instance the medical ethics, legal ethics, teaching ethics, business ethics that brings together people of the same profession.
The social responsibility of business is to there is one and only one social responsibility of business–to use it resources and engage in activities. The role of ethics in business and social responsibility - business & marketing essay. Free essay: the notion of ethics deals with people’s behaviors within a company social responsibility involves a company’s moral obligations and the manner.
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