Author Question: What do most of the 500 largest corporations in the United States have? A) social responsibility ... (Read 44 times)

deesands · **on:** Jul 7, 2018

What do most of the 500 largest corporations in the United States have?

A) social responsibility audits
B) environmental audits
C) codes of ethics
D) podcasts

Question 2

What is the difference between ethics and corporate social responsibility as each concept applies to corporations?

What will be an ideal response?

amanda_14 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

Answer: C

Answer to Question 2

Answer: Ethics is the discipline dealing with what is good and bad, or right and wrong, or with moral duty and obligation. Ethics is about deciding whether an action is good or bad and what to do about it if it is bad. Those in management make ethical (or unethical) decisions every day regarding hiring, safety, and compensation. Corporate social responsibility (CSR) is the implied, enforced, or felt obligation of managers, acting in their official capacity, to serve or protect the interests of groups other than themselves. When a corporation behaves as if it has a conscience, it is said to be socially responsible. CSR considers the overall influence of corporations on society at large and goes beyond the interests of shareholders. It is how a company as a whole behaves toward society.