3. Business Ethics and Social Responsibility
Questions for Discussion
- Why is business ethics important?
- What are some potential benefits to a business of having strong ethical standards?
- How can ethical standards help build trust with customers and other stakeholders?
- How can ethical standards help a business protect its reputation and brand?
- How might the Seven Grandfather Teachings provide guidance for business ethics codes of conduct?
- What’s the definition of Corporate Responsibility?
- Where did the term Corporate Responsibility originate?
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What are some potential risks to a business of failing to adhere to ethical standards?
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What are some ways for a business to establish and ensure ethical compliance?