Social Responsibility and Ethics
Social responsibility and ethics have become important business topics as trust has deteriorated due to corporate scandals. Corporate scandals and unethical behavior have a very negative effect on consumer confidence and the image of the company. It is essential to see the role of business in society not only as a provider of goods and services but also as an integral part of the society at large.Key Terms:
Flextime
Telecommuting
Ad Council
Green Marketing
Ethics
Better Business Bureau
Price Gouging
Whistle Blowing
Objectives
*Provide examples of business's social responsibility
*Explain the concept of business ethics
*Apply guidlines for ethical behavior