This report delves into the ethical challenges businesses encounter in both local and international markets, with a primary focus on corporate social responsibility (CSR). It utilizes ethical theories such as utilitarianism, Kantianism, and virtue ethics to analyze contemporary business ethics issues. The report highlights the increasing importance of CSR, as stakeholders now evaluate companies based on their societal contributions rather than solely on profit maximization. The Rana Plaza incident serves as a critical case study, illustrating the consequences of unethical practices and a lack of responsible measures. The report discusses business ethics dimensions, ethical theories, and the negative impacts of inadequate CSR policies. It underscores the significance of ethical decision-making, stakeholder engagement, and the need for businesses to align their practices with ethical frameworks to maintain a competitive edge and build trust with consumers and communities. It also emphasizes the importance of CSR in the modern business landscape, where companies must prioritize the well-being of communities and adhere to ethical standards to thrive.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
