Corporate social responsibility Flashcards
1
Q
What is corporate social responsibility?
A
2
Q
what is business ethics?
A
Examination of business situations, activities and decisions from the point of view of right and wrong in a moral sense
3
Q
To who is business ethics adressed to?
A
All types of organisations
4
Q
What are the main reasons for the growing interest in business ethics?
A
Radical transparency, increasing stakeholder expectations and declining resources
5
Q
What are the market reactions to business ethics?
A
Greenwashing -
Bluewashing - there was no monitoring on acting the principles in place
6
Q
What is the ethical responsibility triangle?
A
Subject -(causes) - Consequences - (responds) - Authorities - (judges) - Subject
