PPT-Understanding Business Ethics and Social Responsibility

Social Responsibility 2 Introduction In this chapter well look at ethics and social responsibility what they mean how they apply to environmental issues and to a firms relationships with . Cengage. Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. . Business Ethics and Social Responsibility:. Doing Well By Doing Good. CHAPTER . 3. Ethics and Social Responsibility. Meaning of Business Ethics. Ethics is the study of moral obligation, or separating right from wrong.. Ethics converts values into action. . Unethical acts can be legal or illegal. . Overdone or underdone. Corporate social responsibility (CSR), as the expression implies, is responsibility of business to society. . What . is it that the business is responsible for?. . It is responsible for the welfare of the shareholders and the stakeholders, the former being the investors who have entrusted their money to the company for proper use so that it makes profits, and the latter consist of the workers, consumers, society in general, and the environment. . Social Responsibility. Business Ethics. Ethics. are rules that help us tell the difference between right and wrong. They encourage us to do the right thing.. What is Ethical . Behaviour. ?. Ethical . chapter one . The Importance of Business . E. thics . The Importance of Business Ethics . M. ain . E. lements . Business ethics defined. Why study business ethics?. The development of business ethics . Part one: The trade off between profit and ethics – link to earlier work on LT vs ST performance assessment. Quick definitions – Morals and Ethics. (Make a one line note not to confuse the two – . Ms. Faith . Moono. . Simwami. Email: mo.simwami@gmail.com. Social Responsibility: Definition . and Perspectives . Corporate Social Responsibility. The idea that business has social obligations above and beyond making a profit.. Chapter Ten. Copyright ©2017 Pearson Education, Inc.. 10-. 1. Learning Objectives. Explain . why good ethics is good business in strategic management.. Explain . why whistle-blowing, bribery, and workplace romance are strategic issues.. Quick definitions – Morals and Ethics. (Make a one line note not to confuse the two – . we are interested in . business ethics . – . what society deems acceptable actions by a business. .. Morals: Acceptable behaviour at the level of the individual . Ms. Faith . Moono. . Simwami. Email: mo.simwami@gmail.com. Social Responsibility: Definition . and . Perspectives . The . idea that business has social obligations above and beyond making a profit. .. Pride, Hughes, & . Kapoor. Being Ethical and Socially Responsible. Chapter. . 2. Learning Objectives. Understand what is meant by . business ethics.. Identify the types of ethical concerns that arise.. B. ehaviour. The Pyramid of . Ethical . Behaviour . (. Cavusgil. et. . al, . 2013). Corporate Social Responsibility (CSR). . Dr . Fariba. . Darabi. International Project Week. 14. th. . May 2014. Business Essentials Twelfth Edition Chapter 2 Understanding Business Ethics and Social Responsibility Copyright © 2019, 2016, 2013 Pearson Education, Inc. All Rights Reserved. Introduction (1 of 2)

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