Explain How Business Ethics Differs from Social Responsibility

question 138

Essay

Explain how business ethics differs from social responsibility.

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Definitions:

Foundation of Trust

The foundation of trust refers to the basic level of confidence and belief in the reliability, truth, or ability of someone or something, essential for building healthy relationships or teams.

Generalized Tendencies

Broad patterns or propensities in behavior or thought that apply across a wide range of situations or individuals.

Conflict of Interest

Arises when a person or entity has competing interests or loyalties that could potentially interfere with the ability to make impartial decisions.

Workplace Dating

Romantic relationships that develop between co-workers within the same organization or business environment.