Define ‘business ethics. (B) Explain how the focus on ethical and social responsibilities can be advantageous to a business. Provide ONE example to illustrate your answer.
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Define ‘
(B) Explain how the focus on ethical and social responsibilities can be advantageous to a business. Provide ONE example to illustrate your answer.
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- An example of a firm that would least likely be recognized as socially responsible isa. a farm that specializes in organically grown produce.b. a builder that constructs energy-efficient homes.c. a manufacturer of pollution-control equipment.d. a high fee, low return investment company.Only part C. Thank you!B. How do world Religions view Business Ethics?
- Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks, and compact cars. What fundamental economics question are they addressing by making this range of products? a. Why produce a variety of automobiles? b. What to produce? c. How to produce goods that consumers want? d. Who to produce automobiles for?what you see as "your" strengths and shortcomings for becoming a social entrepreneur.This is again evaluating your personal strengths and shortcomings.Stakeholders are: a) customers and competitors who interact with the business. b) groups or individuals with a personal interest in the performance and actions of a business. c) vendors and suppliers who do not provide services to the business. d) the direct competitors of the business.
- 8. It describes the rationale of how an organization creates, delivers, and captures value in economic, social, cultural or other contexts.A. Prototype B. Product Description C. Business model D. Suppliersexplains why business should be ethical and why not all businesses are ethical.A) Let’s practice being creative and innovative. Identify or try to include elements/ideas which can be something you have done for your courses, while studying, at home, at workplace or elsewhere as follows: ONE (1) element/idea that can be considered as creative ONE (1) innovative element/idea.