What is the difference between business ethics and social re

What is the difference between business ethics and social responsibilty?

Solution

Ethics refers to standard of conduct . Ethics are certain rules that helps us decide what is right and what is wrong . It is the good or bad conduct in business according to moral standards .

Social responsibility refers to duty to care for others whose actions can be affected in a damaging way . Social responsibility is like a policy or an obligation to the community, while business ethics is a conscience .