Introduction Businesses have the obligation of providing goods and services to the public. This comes with different responsibilities to different parties. The parties include the stakeholders. They have to maintain a healthy relationship with all these parties. To do this, they have to do their work in ethically. The ethics they follow is either set up by the enterprise or forces outside the enterprise. However, the business has to ensure that it operates under these ethics in order to ensure that the services it is rendering are not causing harm to the stakeholders. This is the case with the sole-owned company run by James. He has both legal and ethical responsibilities to consider before making any decision. This also means that he has to consider the effects and consequences of his decision on both employers and his customers. Questions: 1. Explain all the social responsibilities that are involved towards the business. (10 marks) 2. Discuss any ONE (1) ethical theory that James should be applying in his business. Justify your answer. (6 marks) 3. State any FOUR (4) sources of ethical norms that James should turn to. (4 marks) (20 marks)