Influence: What is the differences between legal compliance and ethical responsibility Flashcards
1
Q
What is legal compliance?
A
involves making sure that the laws and regulations relating to the operation of a business are strictly observed.
2
Q
What is ethical responsibility?
A
Open and accountable business actions based on respect for people, the community and the broader environment. Ethical responsibility is more than simply complying with laws and regulations. There is growing pressure on business to act in a moral and ethical way and take responsibility for the impact of their actions.
