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how to write summary on business ethics and social responsibilty

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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how to write summary on business ethics and social responsibilty

Subfield of business that examines ethical business problems, moral principles, guidelines, standards, marketing decisions, and marketer behavior under marketing conditions.

Expert Solution

Step 1

Business ethics refers to the principles or guidelines that decide the conduct of a business organization. Ethics can affect the operations and decisions of a business entity. Social responsibility includes the responsibilities that an organization owes toward society, the public, employees, customers, etc.

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