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The Importance of Business Ethics Source: https//online.sbu.eduews/importance-of-business- Ethics come into play when making decisions for so many individuals, businesses and organizations, yet sometimes the concept
The Importance of Business Ethics Source: https//online.sbu.eduews/importance-of-business- "Ethics come into play when making decisions for so many individuals, businesses and organizations, yet sometimes the concept is taken for granted. We know ethics - moral principles that inform actions and behaviors - are valuable, but how do they apply to businesses, the economy, and your career? However, ethics and laws are not identical, despite this connection. While unethical decisions are not necessarily illegal, they can still cause reputational harm, boycotts by customers, increased scrutiny, and other negative outcomes." Based on the above article, provide your opinions for the following issues:(b) In a post COVID-19 environment, the implementation of Corporate Social Responsibility (CSR) remains crucial. This is critical to promote business sustainability for all stakeholders. Carry out an evaluation whether businesses and corporate sectors including SMEs sector in Malaysia (or in your country of origin) are required to carry out CSR activity? Assess if there are any advantages and weaknesses in the CSR implementation at the workplace, and community. In your analysis, compare your country with any other country and discuss how CSR factor is still crucial in line with 17 Sustainable Development Goals of the United Nations
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