Meet 6
Business Ethics and Social
Responsibility
Compiled by:
Lecturer Team for Introduction to Small Business Development
Year 2024/2025
Learning Objectives
After reading this chapter, you will be able
to:
• Describe the importance of business ethics and social responsibility
• Detect some of the ethical issues that may arise in business
• Specify how businesses can promote ethical behavior
• Explain the four dimensions of social responsibility.
• Evaluate an organization’s social responsibilities to owners,
employees, consumers, the environment, and the community
• Evaluate the ethics of a business’s decision
Disscusion and Case Study Analysis
• https://www.youtube.com/watch?v=5x0PLZ6RzBQ
• Theo Chocolate Makes a Sweet Difference
• Questions
• 1. How has Theo Chocolate incorporated its model of philanthropy and
social responsibility into a successful business concept?
• 2. What advantages does Theo Chocolate have by sourcing cocoa from
the Congo, even though the chocolates ends up costing consumers
more?
Case Study
• Foundations of Business 6e
• Hal 62 & 63
Thank You