7) INDENTIFY BUSINESS’S RESPONSIBILITIES TO COUSTOMERS.
Business’s most readily identifiable responsibilities are related to its customers. These responsibilities have been heightened by the consumerism movement, which originated in the 1960s. Most industry and legislative response to this movement has followed John F. Kennedy’s statement of consumer rights. These consumer rights were that of safety, to be informed, to choose, and to be heard.
8) DESCRIBE BUSINESS’S RESPONSIBILITIES TO EMPLYEES.
Relations with employees are some of the most significant social responsibility and ethical issues facing contemporary business. Issues include family leave, equal employment opportunity, sexual harassment, sexism, the male-female wage gap, and managing a culturally diverse work force.
9) EXPLAIN BUSINESS’S RESPONSIBILITIES TO INVESTORS AND THE FINANCIAL COMMUNITY.
There has been considerable publicity in recent years about business’s social and ethical responsibilities to investors and the financial community. Important topics include honest securities trading, responsible investing, and paying executives a fair salary.
