service organizations can benefit complete essays montaigne sparknotes too from building a reputation for integrity and best practice. Companies without regard for their responsibilities and act/behave in an unethical ways that is damming to the worlds natural resources, will earn bad reputation which could not only loss profit or even destroy the company in their home ground but also the impact could. Business ethics regards what is morally right and wrong with a companys activities and behaviours. Hsbc presented a general letter to the public, in which they apologized for this tax dodging scandal and emphasized that they have made changes since the period which is covered by the documents, and that its Swiss private bank had been completely overhauled. Accessed ; Available from: p?vref1. An example of CSR metric are Key Performance indicators (KPIs) using a balance score card to measure factors such as environmental performance and benchmarking against other companies in the same industry spectrum.
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Also, companies must focus on environmental regulations and labour laws, and also not ignore workers safety. Just 25 of the respondents believed businesses were more ethical. While others feel by being social responsible corporations are gaining power others feel the opposite, Its not about power, says Holly Carver directors of government affairs for Levi. Cite weblastEssays firstUK urlp? The hsbc tax scandal, is a clear example of corporate unethical behaviour. In addition to that, the paper will focus on explaining the ethical leadership and its advantages and disadvantages with the considerations of business operation.
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