Ethics and social responsibility
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A. Ethics and social responsibility play important roles in today's business world and are impacted by movement regulations.
"Strict government regulations are necessary to make companies behave ethically."
1) Examine the chosen statement in the context of ethics and social responsibility.
2) Examine the impact government regulations have on business ethics and social responsibility in the example you choose.
3) State why you agree or disagree with the thesis or premise behind the statement you select.
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Solution Summary
Ethics and social responsibility play important roles in today's business world and are impacted by movement regulations.
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1) Examine the chosen statement in the context of ethics and social responsibility.
In the context of ethics and social responsibility, I do agree with this statement. I sincerely feel that effective implementation of strict government regulations is necessary to ensure that companies adhere to ethical and socially responsible practices. In the absence of such strict regulations leading to fines and penalties, companies would be reluctant or to put in apt words, will show a relaxed attitude in terms of adhering to highest possible ethical standards and socially responsible ...
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- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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