ADMS 3660 Lecture Notes - Lecture 1: Corporate Social Responsibility, Normative Ethics

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Adms 3660 - business ethics and corporate social responsibility. Morality the standards held by an individual or group about what is considered correct and what is wrong. Business ethics the study of morality in the context of business policies and organisations. Normative ethics what is considered wrong or right and analysis why do people think something is wrong or right. Corporate social responsibility also may be referred to as corporate citizenship. It"s the idea that a corporation will take initiatives to assess and take responsibility for the company"s effects on environmental and social well being. Since corporations tend to impact many groups in their operations, a corporation may be held morally responsible for contributing to various interests that their operations may affect. Wars are not only about resources and land. Ethics and morality are linked with law. (e. g. stealing is immoral and may be punishable by law. ) Some laws are based on common actions or common sense (e. g. everyone in.

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