Implications of unethical practice
According to Schneider, Elizabeth N (42), ethics refers to a set of universal belief, conduct or set of standards that controls what one ought to do when the well-being of others is at stake. Ethically, organizations should, therefore, apply the standards in their day to day operations in a way that creates sustainability and promotes Corporate Social Responsibility (CSR). In brief, CSR can be defined as carrying out activities that may not necessarily benefit the organization but instead help the well being of the third parties such as employees and customers. When ethical standards and corporate social responsibility is ...
