Corporate Social Responsibility

ethical standard

a rule for moral behavior in a particular area

ethical behavior

doing things that are morally right

ethical lapse

temporary failure to act in the correct way

ethical dilemma

a choice between two actions that might both be morally wrong

ethical stance

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

ethical issue

an area where moral behavior is important

business ethics

standards of business behavior that promote human welfare and “the good”

corporate social responsibility (CSR)

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 volunteerism