Business ethics take into account the responsibilities not just inside of the workplace, but also with the environmental, cultural and social structures of certain communities. Dealing with accountability issues involved in scientific research, consumer protections, and the overall structure of any business or corporation also comes under business ethics.
Where ethics are considered, there have been growing concerns among companies about the environment, encouraging many of them to make changes in the way they design and produce goods for consumption. For example, in the 1960s the awareness of hazardous pesticides became increasingly publicised, not only how dangerous it was towards humans, but also the environment. As a result, the United States Environmental Protection Agency was formed in 1970 and has since taken a huge role in protecting the environment.
The theory of social responsibility is built on this system of business ethics, where decisions and actions must be ethically proposed and validated before being given the go ahead. If the action or decision causes harm to the public or environment, then it would be deemed socially irresponsible.
The morals and values we live by creating a distinction between right and wrong, and in this way, social responsibility must take a similar stand. Every individual has a responsibility to act in a manner that is both beneficial and harmless to society, and in the business world, it must be the same.
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