Description of Business Ethics and CSR
Ethics and corporate social responsibility (CSR) are synonymous with modern business environment. Contemporary businesses must ensuretheir operations are legal and ethical. Besides, the modern business organization has to give back to society through elaborate CSR interventions. Business ethics focuses on the morality of the operations and value systems that underlie the governance of an organization or firm. Business ethics examines the ethical dilemmas and moral problems that can arise in a business environment. Since businesses form an integral part of the social, economic, political, and environmental systems surrounding them, they have the mandate to give back to society. CSR thus focuses on the business activities that reach out to people, …
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