Asked by archana reddy on Sep 28, 2024
More than a compliance program, business ethics is becoming
A) a management issue to achieve competitive advantage.
B) a guaranteed way to earn higher financial returns.
C) mainly a government regulatory issue.
D) an initiative led by nonprofit organizations.
E) a program that decreases profits but increases societal benefits.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Business Ethics
The study of appropriate business policies and practices with regard to potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, and corporate social responsibility.
- Investigate the role of organizational culture in shaping ethical behavior and making decisions.
- Identify the interrelation between business ethics and corporate social responsibility (CSR).
Learning Objectives
- Investigate the role of organizational culture in shaping ethical behavior and making decisions.
- Identify the interrelation between business ethics and corporate social responsibility (CSR).
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