Question

What is a similarity between ethics and social responsibility?

Answer 1

Options:

1. Both play a vital role in building profitable businesses and a vibrant community.
2. Both are mandated by law and are codified in the legal system.
3. Both rarely influence the decisions of individual employees in a workplace.
4. Both refer to abstract philosophies about right and wrong on an individual level.

Answer:

Option-(1): Both play a vital role in building profitable businesses and a vibrant community.

Explanation:

Ethics and social responsibility:

The ethics are the set of rules and principles which governs the person's way of life, behavior to certain factors, and controls the response of the same person towards any other individuals present in the surroundings or inside the environment. As there are different individuals with a distinguishing set of behavioral features which makes them a way different then any other being.But, each of the individuals must be treated differently in a more well mannered. If the actions or reaction of a certain person toward any other individuals are found positive sense then such person is termed as ethical.

While, each individuals holds some responsibilities when it comes to being living inside a given region of some specific cultural values. As the person if fulfills all the given requirements by not exceeding the expected moral activities and not been an offender when it comes to keeping all the social norms more intact and safe.

As, both the ethics and the social responsibilities makes it easy for the different individuals to make or creating the profitable level business and balancing the different factors inside any community that the person stays in.  

Answer 2

Answer:

Explanation:

Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.