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Author Question: Define and explain ethics and social responsibility.[br][br][b][color=#165FFA]Question ... (Read 32 times)

geodog55

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on: Jul 14, 2018
Define and explain ethics and social responsibility.

Question 2

The total value of a nation's exports minus the total value of its imports is known as the balance of payments.
 
 Indicate whether the statement is true or false


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Gabe

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Reply #1 on: Jul 14, 2018
Answer to Question 1

Ethics refers to sets of beliefs about right and wrong, good and bad; business ethics involve the application of these issues in the workplace. Ethics relate to individuals and their day-to-day decision making. The decisions of each individual can affect the entire organization.
Social responsibility is the obligation of a business to contribute to society. The most socially responsible firms feature proactive policies that focus on meeting the needs of all their stakeholders-not just investors but also employees, customers, the broader community, and the environment. The stance of a company regarding social responsibility sets the tone for the organization and clearly influences the decisions of individual employees.

Answer to Question 2

False


geodog55

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Reply #2 on: Jul 14, 2018
Thank you :)


Gabe

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Reply #3 on: Jul 14, 2018
Happy to help you


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