Business Ethics vs Social Responsib

Business Ethics vs Social Responsibility
Business ethics and social responsibility are commonly used in everyday parlance almost interchangeably. While social responsibility is self explanatory, ethics is a word that puts one in a dilemma. Social responsibility looks clearly defined and demarcated. Companies have a policy of social responsibility known as corporate social responsibility whereby they commit to follow their businesses in such a way so as to benefit the community at large. But ethics is a loose term that is dependent upon a person’s conscience. There are certain differences between the two and the two are not overlapping completely.

Business Ethics

Before we move to business ethics, we need to spell out clearly the word ethics. Derived from ancient Greek word ethos, ethics has come to mean moral character. Ethical behaviour is what is good or right. Ethical senses always make use of good, bad, right and wrong. Applying this definition to business, we come to a conclusion that though the primary objective of any business or company is to maximize the profits to shareholders, stakeholders also need to be kept in mind, they are directly or indirectly affected by the decisions taken by the company for the operation of business.

Business ethics is the behaviour of any business that it indulges in its dealings with the community or society. For some, making money is all they are interested in, and this is capitalism in its dirtiest form. These people are least concerned with the bad effects of their business practices and the harm they are doing to the society at large.

When companies do not engage in good business ethics, they are penalised by the law. But such cases are rare and the profits of companies engaging in unethical behaviour are far more than these punitive fines.

Social Responsibility

Man is a social animal and cannot live in isolation. He is expected to behave in a manner that is socially and morally acceptable to others. The same applies to businesses. Though the primary objective of any business is to earn maximum profits for the owners and shareholders, it is also expected to conduct its operations in a manner that it fulfils its social obligations also. For example, though it is not binding on any private sector company to provide employment to the disabled or weaker sections of the society, it is considered to be a part of the social responsibility of the company to absorb people from such sections of the society. Similarly though there is not written law to compel a company to engage in acts to do something to reduce pollution or to do something for the betterment of environment, taking up projects to clean up environment are considered to be a part of the social responsibility of the company.

Difference between Business Ethics and Social Responsibility

Though business ethics and social responsibility seem to be overlapping, there has always been a contradiction between the two. Companies, though they are committed to be socially responsible for their behaviour have been found to be engaging in acts that cannot be called ethical.

What is good for the society is sometimes not good for the business, and what is good for the business is almost always not good for the society.

If the society is conscious, it responds in such a way that businesses are forced to behave responsibly. The same applies to the administration and the judiciary of any country.

Selling of liquor and tobacco in any society is not against business ethics though it may be against the principles of social responsibility. The same applies to lotteries and gambling. But it is certainly against business ethics as well as against social responsibility to entice minors to engage in smoking and drinking.

Results (English) 3:

企业伦理与社会责任
商业道德和社会责任是常用的日常用语几乎互换。社会责任是自我解释的，道德是一个使人进退两难的词。社会责任是明确划定。公司有一项社会责任政策，即企业社会责任，即企业在这样一种方式，以使社会受益，从而使他们的企业经营。但道德是一个松散的术语，是取决于一个人的良心。两者之间存在着一定的差异，两者之间不完全重叠。在我们进入商业道德之前，我们需要清楚地指出这个词的伦理。源于古希腊词的精神气质，伦理道德是指道德品质。道德行为是好的或是对的。伦理的感觉总是利用好，坏，对错。将此定义应用于业务，我们得出结论，尽管任何企业或公司的主要目标是利润最大化的股东，利益相关者也需要记住，他们是由公司为企业经营决策的直接或间接的影响。

商业道德的行为，它对任何业务在应对社会或社区。对有些人来说，赚钱是他们感兴趣的，这是其肮脏的资本主义形式。这些人是最不关心他们的业务实践和他们所做的事对社会危害大的不良影响。

当公司不从事良好的商业道德，他们都被法律。但是，这种情况是罕见的，从事不道德行为的公司的利润远远超过这些惩罚性罚款。他预计在社会和道义上可以接受别人的行为举止。同样适用于企业。但任何企业的首要目的是为业主和股东赚取最大的利润，这也将对其进行操作的方式，履行社会义务，也。例如，尽管它没有对任何私营部门公司提供就业，以向残疾人或社会弱势群体提供就业机会，它被认为是公司社会责任的一部分，吸收来自社会的人。同样，虽然没有成文的法律迫使公司从事的行为做点什么来减少污染或为改善环境做点什么，承担项目的清理环境被认为是企业社会责任的一部分，企业伦理与社会责任的区别在商业伦理和社会责任之间似乎是重叠的，两者之间一直存在着矛盾。公司，虽然他们被认为是对他们的行为负责的行为已经被发现从事的行为，不能被称为道德。什么是好的社会，有时不好的业务，什么是好的业务几乎总是不好的社会。同样适用于任何国家的行政部门和司法部门，在任何社会中，酒类和烟草的销售并不违背商业道德，但可能违背社会责任的原则。这同样适用于彩票和赌博。但它肯定违背了商业道德，以及对社会责任，诱使未成年人从事吸烟和饮酒。