Corporate Social Responsibility and Business Ethics

What is corporate social responsibility?

• A way for entrepreneurs to make more profits

• A model of resource conservation

• A legal obligation to provide a safe workplace

• A responsibility to be honest and transparent with customers

What is an example of corporate social responsibility?

• Designing an energy-efficient workplace

• Serving only ethically sourced coffee

• Complaining about supplier pricing decisions

• Taking money based on false expectations

What is an entrepreneur's responsibility to employees?

• Providing a safe workplace and fair employment policies

• Being available when promised

• Giving suppliers the chance to keep you as a customer

• Regular and timely communication with investors

What is an entrepreneur's responsibility to customers?

• Owing suppliers timely payment and respecting their pricing decisions

• Being honest and transparent in all areas

• Cooperating with suppliers to make transactions efficient

• Regular and timely communication with investors

What is an entrepreneur's responsibility to suppliers?

• Creating an energy-efficient workplace

• Giving suppliers feedback on products or services

• Taking customer complaints seriously

• Informing customers about products and services

What is an entrepreneur's responsibility to investors and creditors?

• Serving only ethically sourced coffee

• Being honest and transparent in all areas

• Focusing attention on the customer you are working with

• Using environmentally friendly transportation

What are some environmentally friendly ventures for entrepreneurs?

• Sustainable design, alternative energy, organics, and fair trade

• Designing an energy-efficient workplace

• Owing suppliers timely payment and respecting their pricing decisions

• Regular and timely communication with investors