ch02+PPP - Business Ethics and Social Responsibility...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Business Ethics and Social Responsibility Chapter 2 Explain the concepts of business ethics and social responsibility Describe the factors that influence business ethics. List the stages in the development of ethical standards and discuss how organizations shape ethical behavior. 1 Learning Goals Describe how businesses social responsibility is measured and summarize the responsibilities of business to the general public, customers, and employees. Explain why investors and the financial community are concerned with business ethics and social responsibility. 2 3 4 5 Business Ethics The standards of conduct and moral values governing actions and decisions in the work environment. Social responsibility Balance between whats right and whats profitable Often no clear-cut choices Often shaped by the organizations ethical climate Sarbanes-Oxley Act A 2002 law that added oversight for the nations major companies and a special oversight board to regulate public accounting firms that audit the financial records of these corporations. Concern for Ethical and Societal Issues The Contemporary Ethical Environment High-profile investigations and arrests in headlines....
View Full Document

This note was uploaded on 02/13/2012 for the course ART HISTOR 105 taught by Professor Kenfield during the Spring '11 term at Rutgers.

Page1 / 19

ch02+PPP - Business Ethics and Social Responsibility...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online