Unit 15: Corporate social responsibility

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8 Terms

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Ethical standard

A rule for moral behaviour in a particular area

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Ethical behaviour

Doing things that are morally right

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Ethical lapse (hành vi sai trái/t vô đạo đức tạm thời)

Temporary failure to act in the correct way

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Ethical dilemma (hành vi tiến thoái lưỡng nan)

A choice between two actions that might both be morally wrong

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Ethical stance (quan điểm về đạo đức)

A stated opinion about the right thing to do in a particular situation

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Ethical issue

An area where moral behaviour is important

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Business ethics

Standards of business behaviour that promote human welfare and "the good"

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Corporate social responsibility

a company's commitment to improving or enhancing community well-being through discretionary contributions of corporate resources. There are five dimensions of CSR: Environment, Social, economic, stakeholder, and volunterism