What is the difference between social responsibility and business ethics Quizlet
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Terms in this set (13)Social responsibility The duty of a business to contribute to the well-being of a community. Non-renewable resource A natural resource that cannot be replaced when used up. Ethics Principles of morality or rules of conduct. Business ethics Rules about how businesses and their employees should behave. Code of ethics A set of rules for guiding the actions of employees or members of an organization. What are four areas of social responsibility that may require the attention of business? Environmental protection, workplace diversity, Job safety, Employee wellness What are the main benefits of social responsibility? Expanded justice for groups of society, Enhanced company image, Reduced need for govt actions, Improved quality of life, Increased awareness of social issues
What is the purpose of a code of ethics? To guide the actions of employees or members of an organization Conservation saving scarce national resources. Example of conservation companies that consume trees have reforestation programs. Accident avoidance Employers should make the workplace as safe as possible. Hazard protection Companies should take steps to eliminate the risks of fire and other hazards. Employee training Companies should regularly maintain programs to train employees on workplace safety. Students also viewed4.1 Tener Expressions21 terms ProfeHolmanTeacher Truman Doctrine- Korean War19 terms LINDSAYFARRINGTONPlus intro to business chapter 4 test12 terms kinleyesmith Expresate Chapter 743 terms Daniela_Casalinuovo Sets found in the same folder4.2 Government Protection Agencies18 terms blove66 4.3 Government Regulation and Assistance18 terms blove66 5.2 Forms of Business Ownership16 terms blove66 Chapter 1 - Business15 terms blove66 Other sets by this creatorT Shirt Design14 terms blove66 CSS Full Deck30 terms blove66 Presenting To Impress17 terms blove66 Canva Graphic Design Basics23 terms blove66 Recommended textbook solutionsmyPerspectives: English Language Arts, Grade 71st EditionSavvas Learning Co 602 solutions
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What is the relationship between business ethics and social responsibility?Social Responsibility is a crucial part of business ethics. A responsible organisation considers and recognises the impact that its decisions and activities impact on society and the environment; and behaves in a manner that positively contributes to the sustainable development, health and welfare of society.
What is the difference between business ethics and ethics of business?“Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed.” According to Raymond C. Baumhart, “The ethics of business is the ethics of responsibility.
What is the difference between ethics and business ethics quizlet?Terms in this set (16)
the quality of being honest and having strong moral principles; moral uprightness. Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment.
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