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Summary PART ONE: AMERICAN BUSINESS TODAY (CHAPTER TWO: ETHICS AND SOCIAL RESPONSIBILITY)

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The chapter will begin by defining business ethics. Next it will look at the factors that affect the standards of behavior in organizations and how ethical behaviour can be encouraged. Then, it will initiate the discussion on social responsibility. It will compare and contrast two present-day models of social responsibility and present arguments for and against increasing the social responsibility of business. Next, it will present the major elements of the consumer movement. It will discuss how social responsıbility in business has affected employment practices and environmental concerns. Finally, it will consider the commitment, planning, and funding that go into a firm's program of social responsibility.

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Part one: chapter two
Uploaded on
October 3, 2023
Number of pages
15
Written in
2023/2024
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SUMMARY

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Business Administration Notes

These notes are for students pursuing business administration or business in general, educators, freelancers e.t.c. The notes are derived from a book named 'Business' the fifth edition by Pride, W.M., Hughes, R.J and Kapoor, J.R. There are seven parts to this book namely: 1. part one: American Business Today (chapters; foundations of business, ethnics and social responsibility, global business, the forms of business ownership, and, small business, entrepreneurship & franchises) 2. part two: Management and Organisation (chapters: the management process, creating the organisation, and, production & operations management) 3. part 3: The Human Resource (chapter: people & motivations in business, human resource management, and, union-management relations) 4. part 4: Marketing ( chapters: the overview of marketing, product & price, wholesaling, retailing & physical distribution, and, promotion) 5. part 5: Information for Business ( management information & computers and accounting) 6. part 6: Finance and Investment ( chapters: money, banking & credit, financial management, security markets & investments, and, risk management & insurance) 7. part 7: The business Environment (chapters: business law & government regulations, assistance & taxation, and, careers in business) Be sure to check them out! i will be uploading them per week!

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