Business Ethics and Social Responsibility

Business Ethics
♦ The value of what should be

done and what should not be done from the business point of view

Ethical issues for business
♦ Product safety standards ♦ Advertising contents ♦ Working environment ♦ Unauthorized payments ♦ Employee’s privacy ♦ Environmental issues

Social Responsibility
♦ Refers to what business owes to a society

Importance of business ethics and social responsibility
♦ Guide the behavior of business ♦ Safeguard the interests of individuals in