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- how to analyze the potential ethical dilemmas in any organiazation.Explain 5 points on how the board of directors will help to construct an ethical business environment by relating to the 2 corporate governance codes, governance structure and Structure of the Board and it committees.On employment practices in family firms: discuss the competing views about whether family firms are great places to work.
- Concept Integration. Is it ethical for state and citygovernments to entice specific businesses to relocatetheir operations to that state or city by offering themspecial tax breaks that are not extended to otherbusinesses operating in that area?Explain yuor understanding of the concept of a socail contract under legitimscy theory .Use a clear example , bring out your understanding of the legitimacy gap?GIVE FEEDBACK ON EACH NUMBER SUBJECT: SOCIAL RESPONSIBILITY/ETHICS 1. Code of conduct - It tells what to do and what not to do for thewelfare of the society. It is the code of conduct which businessmen shouldfollow while conducting their normal business activities. 2. Based on moral and social values - It contains moral and socialprinciples of conduct for businessmen. This includes self-control,consumer protection and welfare, service to society, fair treatment tosocial groups, and not to exploit others. 3. Gives protection to social groups - Business ethics give protection todifferent social groups such as consumers, employees, small businessmen,government, shareholders, creditors, and other stakeholders. 4. Provides basic framework - It suggests legal, social, moral, economicand cultural limits within which business has to be operated. Businessmust be conducted within these limits. It suggests what is good and whatis bad in business.