Report on why is ethical behaviour good for business

Number of Words : 4738

Number of References : 32

Assignment Key : S-19166

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  • Content for this assignmentThis report is based on the following requirement -
  • Content for this assignmentThe Task
  • Content for this assignmentAccording to Cavusgil et al (2014) ethical behaviour is an essential component for successful business in today’s global environment. They further state that “Adhering to corporate social responsibility (CSR) implies a proactive approach to ethical behaviour in which firms not only seek to maximise profits, but also to benefit society and the environment” (p.153).
  • Content for this assignmentWhy is ethical behaviour ‘good for business’? Is there any link between CSR and gaining competitive advantage for the firm? Illustrate by discussing the cases of at least two firms – one which demonstrates success, and another that demonstrates failure, in their CSR practices.

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