Unit 1: Introduction

Types of Business Ethics:

Corporate social responsibility

Corporate social responsibility, or CSR, requires that firms act

responsibly. All stakeholders, including workers, clients,
suppliers, and the communities where enterprises operate, have
their interests protected. Humane employment behavior,
environmental protection, and charitable activities are a few
examples of CSR.
 Unit 1: Introduction
Types of Business Ethics:

Technology ethics

Technology ethics are rules that can be applied to technology and

include things like risk management and individual rights. With
companies adopting e-commerce procedures, customer privacy,
personal information protection, and ethical use of intellectual
property are all part of technology ethics.
 Unit 1: Introduction
Types of Business Ethics:
Personal responsibility

Any company employee will be required to demonstrate personal

responsibility, whether at the executive or entry level. This could entail
carrying out the tasks your business manager has given you or just
performing the duties listed in your job description. When you make a
mistake, you accept responsibility for it and take the necessary steps to
correct it.
 Unit 1: Introduction
Types of Business Ethics:

Fairness

Favoritism is a serious ethical violation. Every person has some biases of

their own. However, preferences and personal convictions shouldn’t be
allowed to influence decisions in the workplace. The company must
guarantee that everyone has an equal opportunity for advancement.