Question

Explain the ethical and social environment of business

Answer 1

ethical --In a business sense, environmental ethics is concerned with a company's responsibility to protect the environment in which it operates. Corporate response to governmental regulation is a primary area of concern in environmental business ethics
social environment---A social environment includes the values, beliefs, customs, and practices of a group of people. A business is subject to an external social environment and also its own internalsocial environment. The externalsocial environment provides both risks and opportunities for a business
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