Business Ethics 2 pages
The unit aims to provide learners with a broad understanding of the roles and requirements for businesses to embed ethics and incorporate social responsibility. It provides learners with an understanding of the issues surrounding corporate social responsibility and ethics from national and international perspectives. Significant emphasis is placed on the role that corporate governance plays in ensuring accountability to the owners and other stakeholders in the firm.
Assessment Criteria
- Understand the issues which inform company reporting and their impact on society and answer the following
3.1 explain how business objectives are affected by ethical considerations
3.2 Describe the regulatory framework for CSR.
- Evaluate ethical dimensions of businesses and the impact of CSR strategies on businesses. Answer the following;
4.1 research a current ethical issue affecting a selected business
4.2 Assess the potential impact of changes in CSR on business performance
4.3 Recommend changes to CSR policy to benefit different stakeholders