Making ethical decisions and managing a socially responsible
3 important questions on Making ethical decisions and managing a socially responsible
How orgainsations encurage ethical business behavior ?
1. By leading by example
2. By offering ethics training programs
2. By offering ethics training programs
2. Offering ethics Training programs
In addition to providing a system to resolve ethical dilemmas, organizations also provide formal training to develop an awareness of questionable business activities and practice responses.
How do businesses meet thier social reposibilties to various stake holders ?
1. Responsibility to employees: by providing job, clean & safe working environment free from discrimination, job security
2. Responsibility to society : by providing job, goods and services,b by paying taxes( which will bused to build school hospitality & roads.
3. By protecting the enveriroment : for example by using renewable energy
4. By corporate philanthropy : which includes cash contrbutation , donations of goods and volunteers ( the company employees)
5. Reposbilitties to investors : the first thing to make a profit but some investor are more interested in social responsibility.
2. Responsibility to society : by providing job, goods and services,b by paying taxes( which will bused to build school hospitality & roads.
3. By protecting the enveriroment : for example by using renewable energy
4. By corporate philanthropy : which includes cash contrbutation , donations of goods and volunteers ( the company employees)
5. Reposbilitties to investors : the first thing to make a profit but some investor are more interested in social responsibility.
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