Volume : III, Issue : VII, July - 2014

Social Responsibility and Ethical Issues in Managing Global Business

Dr. Rajesh Faldu

Abstract :

Managing global business is not easy as the corporate world is full of young ight businessmen and one minute-moralists. Social responsibility and ethical issues needs to be managed for managing global business. Social responsibility is understood as the obligation of decision-makers to take actions that protect and improve the welfare of society as a whole along with their own interests. Business ethics refer to the application of ethics to business. An international business faces several challenges while undertaking social actions. Certain ethical issues are prominent in international business like ibery & corruption and work practices & worker remuneration. Every MNC should take care of certain areas of ethical and social responsibility while operating in global environment. MNCs need to develop code of conduct for managing certain issues. This paper focuses on social responsibility and ethical issues involved in managing global business

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. Rajesh Faldu Social Responsibility and Ethical Issues in Managing Global Business International Journal of Scientific Research, Vol : 3, Issue : 7 July 2014

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