Business ethics and corporate social responsibility, Operation Management

Assignment Help:

Explain the relationship among 'Business Ethics' and 'Corporate Social Responsibility'

Ethics may be viewed as a set of moral principles that guide behaviour, based on what is felt to be "right". As opinions may vary over what is "right" and what is "wrong" ethics is in many ways a subjective concept. Individuals have their opinions over "right" and "wrong" and ideas can vary enormously among different national and even organisational cultures. 

 Business ethics comprises the principles and standards that govern behaviour in the world of business. The factors that affect ethical obligations in business are the law, government regulations, social pressures and tensions among personal standards and the goals of the organisation, and ethical codes (e.g. the code developed by CIMA).

 


Related Discussions:- Business ethics and corporate social responsibility

Explain what is the yield to maturity on this bond, Plasma TV Corporation b...

Plasma TV Corporation bonds are currently priced at $1,088. They have 12 years until maturity and a coupon rate of 6%. What is the yield to maturity on this bond?

Explain traditional inventory models, The information technology department...

The information technology department of State University buys paper for its copier machine frequently. The office manager would like to determine the best quantity to order each

What the cafeteria should use, A cafeteria wants to introduce a new burger,...

A cafeteria wants to introduce a new burger, with bread and beef together weighing at least 1 ounce. The cafeteria manage also wants the new burger to meet a new nutrition standard

Explain less of each of the inputs of production, All else constant, as the...

All else constant, as the price of petroleum increases relative to the prices of other inputs to the production process, in their effort to minimize their total costs of production

Explain assess the strategy of wal-mart in china, Give your assessment of t...

Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society. Assess the strategy of Wal-Mart

Explain forgo economic profit in order to increase social, When is it ok to...

When is it ok to forgo economic profit in order to increase social returns?

Explain underpin traditional public personnel management, what are the assu...

what are the assumptions that underpin traditional public personnel management

Describe how advancing technologies in the security, Explain how advancing ...

Explain how advancing technologies in the security field are changing how end users are identified. In your response, identify potential security gaps that may be caused by these n

Explain model of behaviour modification, Model of behaviour modification an...

Model of behaviour modification and the four contingencies of reinforcement.(cited/referenced)

Define the minimum and maximum cycle times, An assembly line with 11 tasks ...

An assembly line with 11 tasks is to be balanced. The longest task is 2.7 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes. The line will oper

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd