Business Ethics: moral guidelines for the conduct of business based on notions of what is right, wrong and fair. Business people are affected by their superiors and immediate colleagues when making business decisions and may feel pressurized to behave unethically when seeking to make profits.
Corporate Social Responsibility: a business philosophy which stresses the need for firms to behave as good corporate citizens, not merely obeying the law but conducting their production and marketing activities in a manner which avoids causing environmental pollution or exhausting finite world resources.
Retrieved from Credo Reference
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