All About Ethical Objectives

Business organization with ethical objectives in mind will acts morally towards its stakeholders: workers, managers, customers, shareholders, the government, suppliers, lenders, competitors, local community and the natural environment.

Those that act morally towards their stakeholders will be called ‘socially responsible’ businesses and their obligations will be known as Corporate Social Responsibility (CSR).

In general, ethics is concerned with being right or wrong from society’s point of view.