| Name: | Test bank for Canadian Business & Society: Ethics, Responsibilities, And Sustainability 5th Canadian Edition by Robert Sexty |  |
|---|---|---|
| ISBN: | 126006591X · 9781260065916 | Author: | by Robert Sexty |
| Edition/Type: | 5th Canadian Edition/Test bank | |
| Format: | Word Zip/All chapter include | |
| Size: | 601 KB |
Sexty is an indigenous text that provides a broad overview of the Canadian business system, its interrelationships with society and the expectation of ethics in business, and business’s adherence to moral standards.
Sexty adopts the “business and society” approach to business, in addition to three key words: ethics, responsibilities, and sustainability. The ethics of business refers to the rules, standards, codes, values or principles that provide guidance for morally appropriate behaviour in managerial decision-making that is related to the operations of business and a business’s relationship with society. Society accepts business as long as it recognizes the responsibilities in its operations and considers the needs and desires of society. The result is that businesses have had an increasing obligation to do more. Sustainability represents a management approach that integrates economic, ethical, and environmental responsibilities into all management systems (the triple ‘e’).
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