Discussion Item: A fundamental question in business is whether the business has any responsibility beyond profit. Should the business be of the singular mind that making a profit is the goal, or do...

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Discussion Item:



A fundamental question in business is whether the business has any responsibility beyond profit. Should the business be of the singular mind that making a profit is the goal, or do businesses have an ethical obligation to give back in some way, either to the communities in which they operate or to charity?



Debate Issue: Take A Stand:


One team will argue for the first point,and the other will arguefor the opposing viewThis debate asks students to choose which ethical auditing guidelines to use for a smallcompany’s situation.


Group#1


Those arguing for the Better Business Bureau auditing criteria might point out thatthis audit provides a practical approach and allows the organization to examine itself from a multitudeof stakeholder perspectives.


Group#2


Those arguing for the audit guidelinescould arguethat it is easier and more helpful to use a checklist of items that address specific areas of the company.

Answered Same DayMar 14, 2021

Answer To: Discussion Item: A fundamental question in business is whether the business has any responsibility...

Olivia answered on Mar 15 2021
143 Votes
Running head: BUSINESS ETHICS        
BUSINESS ETHICS                                         3
BUSINESS ETHICS
Debate Arguments fo
r Business Ethics:
Global businesses are rising around the world and making a huge profit in terms of the revenues generated. In the 21st century, the concept of Triple Bottom line has currently become emergent in the Business world. The fundamental concepts provide three Ps that are People, Planet and Profit that make the three pillars of Corporate Social Responsibility (CSR). Therefore, as the Corporate Social Responsibility deems that businesses would need to provide a return to...
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