Sustainable Factor

3 important questions on Sustainable Factor

What are business ethics?
  • Ethics
    • Is the study of morality or moral judgments, standards and rules of conduct.

  • This includes rules, standards, principles, or codes giving guidelines for morally right behaviour in certain contexts

What are the Limitations
    • The “process” or means to achieve the results is ignored.

The difficulty in estimating or measuring relative benefits and costs to all stakeholders affected.

Since Corporate Social Responsibility (CSR) means:
  • The obligation of decision-makers to take actions that protect and improve the welfare of society as a whole along with their own interests.


Give me four responsibilities of the CSR:

  • Economic responsibilities
  • Legal Responsibility (Political)
  • Ethical Responsibility
  • Philanthropic Responsibility

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