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Corporate Social Responsibility: Business Law and Ethics

   

Added on  2023-06-18

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BUSINESS LAW AND
ETICS(INDIVIDUAL
REPORT)
Corporate Social Responsibility: Business Law and Ethics_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
Corporate social responsibility encompasses not only what companies do with their profits,
but also how they make them. It goes beyond philanthropy and compliance.............................3
Addresses how companies manage their economic, social, and environmental ........................4
Relationships in all key spheres of influence: the workplace, the marketplace, the supply
chain, the community, and the public policy realm....................................................................5
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7
Corporate Social Responsibility: Business Law and Ethics_2

INTRODUCTION
Business laws means that kind of laws which has been formed over leading upon making
formation of organization possible. These laws leads over helping in making rules and regulation
over making business organization work over its different processes. Such law leads upon
enhancing business activities. Ethics are those standards which helps in enhancing standards that
is formed within an organization and lead upon affecting business environment through
increasing timely accomplishment of task in more effective way. Both business and ethics makes
target of business organization achieved with fluency. Business law and ethics leads upon
making basic framework developed which makes organization growth attained in sustainable
manner. Scope of these laws are wider as they cover all aspects related to business and nature is
dynamic which affects functioning of business. In this file the main concept is based upon
Corporate Social Responsibility.
TASK
Corporate social responsibility encompasses not only what companies do with their profits, but
also how they make them. It goes beyond philanthropy and compliance.
Corporate social responsibility (CSR) these are those self-regulating business which has
been helping in making an organization develop social responsibility which makes an
organization develop social accountability. These practices makes an organization develop
socially accountability in relation over stakeholders, itself and public. In this practices impact is
been created in relation to social, economic and environment achieved(Surden, 2020). Through
engaging within CSR an organization is able to achieve organization operating over those means
making operations enhanced within society and environment which makes positive contribution
made. The concept of Corporate social responsibility is broader concept that takes over different
forms which is based over company and industry. This is considered as one of the most
important part of an organization which is equally valuable for an organization making an
organization achieve value in relation to an various elements of an organization. These
responsibility makes formation of strong bond within employees and employer. This is helpful in
boosting moral values by making both higher management and employee feel connected with
each other and working environment. This is important for both consumer and organization
through this an organization is required to make development of various aspects related to
Corporate Social Responsibility: Business Law and Ethics_3

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