GIVE FEEDBACK ON EACH NUMBER SUBJECT: SOCIAL RESPONSIBILITY/ETHICS 1. Code of conduct - It tells what to do and what not to do for the welfare of the society. It is the code of conduct which businessmen should follow while conducting their normal business activities. 2. Based on moral and social values - It contains moral and social principles of conduct for businessmen. This includes self-control, consumer protection and welfare, service to society, fair treatment to social groups, and not to exploit others. 3. Gives protection to social groups - Business ethics give protection to different social groups such as consumers, employees, small businessmen, government, shareholders, creditors, and other stakeholders. 4. Provides basic framework - It suggests legal, social, moral, economic and cultural limits within which business has to be operated. Business must be conducted within these limits. It suggests what is good and what is bad in business.
GIVE FEEDBACK ON EACH NUMBER
SUBJECT: SOCIAL RESPONSIBILITY/ETHICS
1. Code of conduct - It tells what to do and what not to do for the
welfare of the society. It is the code of conduct which businessmen should
follow while conducting their normal business activities.
2. Based on moral and social values - It contains moral and social
principles of conduct for businessmen. This includes self-control,
consumer protection and welfare, service to society, fair treatment to
social groups, and not to exploit others.
3. Gives protection to social groups -
different social groups such as consumers, employees, small businessmen,
government, shareholders, creditors, and other stakeholders.
4. Provides basic framework - It suggests legal, social, moral, economic
and cultural limits within which business has to be operated. Business
must be conducted within these limits. It suggests what is good and what
is bad in business.
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