summarize business ethics and social responsibilty

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter2: Ethics And Social Responsibility In Business
Section2.5C: The Pros And Cons Of Social Responsibility
Problem 3CC
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summarize business ethics and social responsibilty

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Introduction

Business ethics and social responsibility are two critical concepts in the world of business. Ethics are the principles and values that guide behavior in the business world, while social responsibility refers to the obligations that businesses have towards society and the environment. Both concepts are important for the long-term success of a business and its stakeholders.

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