Business Ethics & Social Responsibility

As a business, each organization is expected to act in such a way that benefits the society positively. This is known as social responsibility. Today, they must follow society's "green" expectation which includes recycling, giving back to the community, as well as acting in a positive manner towards our environment. Aside from a company's need to follow a socially responsible conduct, they must also follow business ethics. Business ethics are the moral principles and values that decide the actions and decisions of a group. This conduct should be followed by organizations but it can also impact them as a whole. For example, because they cannot do a certain procedure because it is morally wrong, it could result in a decrease in profits. Within a business, ethics can be implicated to workers through workshops in order for them to be aware of what is considered "right and wrong". Ethics itself is a complicated issue and sometimes it is hard to determine what is morally correct as different people have different opinions.