Ethically and socially responsible business behavior

Ethically and socially responsible business behavior

1. Business ethics

   • application of moral standards to business behavior
     • fair and honest business practices
     • decent workplace relations
     • truthful communication
     • accurate financial management

2. Social Responsibilities

   • business' management of the social, enviromental, political, and human consequences of its actions
   • goals
     • expanding the business
     • providing for greater good of society