Please provide a “business” case as to why companies should employ an ethical strategy, social responsibility,...

Please provide a “business” case as to why companies should employ an ethical strategy, social responsibility, and environmentally sustainable business behavior. Be specific and provide a reason for each of them.

Expert Solution

Company should be adopting with ethical strategy because it's cal strategy will be helpful for the company in creation of values for the employees and performance of the company and sustainability of the company in the long run because ethical values will be leading to creation of value of the company as when the company will be undertaking ethical decisions, it will protect the interest of the stakeholders in the organisation.

Social responsibility should be undertaken by the business in order to maintain and manage with the interest of the society and businesses are functioning as a part of society and consumers are also a part of society and employees are also a part of society so business should be trying to provide back to the society in form of fulfilling the social responsibility.

Environmental sustainable business behaviour is very important in order to manage with the environmental resources because the environmental resources are Scarce in nature and business is using the environmental resources in order to maximize the rate of return, so businesses should be providing with a better management of the environment resources and not damage it, because it will ensure the sustainable growth of the business as well as environment in the long run.

jeff jeffy answered 2 years ago

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