How are corporate social responsibility and business ethics related?

QUESTION

How are corporate social responsibility and business ethics related?

What will be an ideal response?

 

ANSWER

Business ethics affect individual behavior in the workplace. Corporate social responsibility is a related concept, but it refers to the overall way in which a business attempts to balance its commitments to relevant groups and individuals in its social environment and adheres to the Triple Bottom Line: people, planet, and profits.

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