Question

information about Ethics and social responsibility in supply chain and logistics management. additional information should include case analyses, quantitative data, qualitative data, and other material that help support your mastery of this material

Answer 1

Business ethics could be defined as applied ethical form or professional ethics that are essentially used to examine ethical principles and moral problems that could arrive in the business environment. It would apply to all the aspects of the business conduct is very important to help to manage the individual and the whole organisation and its systems at large.

Social responsibility on the other hand refers to the ethical behaviour that business tries to perform to get a durable success. Social responsibility of the organisation would refer to all the obligations to take the right decision and perform all the right action seeking the value and objective of the best of society and the organisation as well.

All this ethical and social responsibility helps to increase their effectivity and efficiency of the supply chain and logistics management. Achieving a higher degree of ethical standards helps in attaining a qualitative approach for the supply chain management. You are integrating all your activities with your manufacturing and production capacity of the firm and suppliers by taking all the ethical considerations like integrity, quality and whole effectivity and efficiency.

By maintaining the best relationships with your suppliers and communicating the best values within all your stakeholders, a sense of sustainability and profitability could be attained by having all of your company's ethical standards communicate to benefit and empower all. Diversity, inclusion and making everyone feel equal and one helps the company to achieve higher levels in the industry.