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These guiding practices and beliefs are referred to as a company's corporate social responsibility (CSR) or corporate responsibility. It encompasses how a company conducts its business in an ethical and sustainable manner, considering the impact on various stakeholders such as employees, customers, communities, and the environment.
nike/tony hawk
With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.
Corporate responsibility and ethics refers to how managers behave on behalf of the organization. When managers aren't transparent about financials, they aren't acting ethically.
Harpo Inc, founded by Oprah Winfrey, has a code of ethics that emphasizes honesty, integrity, respect, and accountability in all dealings. The code promotes a safe and inclusive work environment, fair treatment of employees, and transparency in business practices. Harpo Inc’s code of ethics also encourages social responsibility and ethical behavior in interactions with all stakeholders.
Business ethics and social responsibility are important because they help to build trust and credibility with customers, employees, and other stakeholders. By demonstrating ethical behavior and a commitment to social responsibility, a firm can enhance its reputation, attract top talent, and create long-term value for the business. Additionally, ethical behavior and social responsibility can help mitigate risks and prevent potential legal, financial, and reputational damage.
what is JC Penney Code of Ethics?i dont know
Legal responsibility is business ethics. You can research the topic or check with the Small Business Administration.
IT doesn't
this is because ethics is the way how workers in a certain field of business conduncts them selves and this may atract customers if they have good ethics
Some basic rules include honesty. If members of a business are honest, they will be able to earn the stakeholders' trust. Another basic rule to adhere to is fairness- the just and equal treatment of all stakeholders.
Honesty Respect Confidentiality Professionalism Responsibility Communication Obeying the