Ethical responsibilities are voluntary obligations a corporation assumes.

Question

Quizplus · Accepted Answer

Ethical responsibilities are not voluntary obligations, they are obligations that a corporation is expected to fulfill in order to act in a socially responsible manner towards all its stakeholders, including its customers, employees, the environment, and society at large. Failure to fulfill these ethical responsibilities can result in legal and reputational consequences for the corporation.

Ethical Responsibilities Are Voluntary Obligations a Corporation Assumes