BUSINESS ETHICS AND SOCIAL RESPONSIBILITY-NEED OF THE MANAGEMENT

Abstract

Is there a difference between business ethics and social responsibility? Are the two compatible or mutually exclusive? This paper raises questions about the overlap and reciprocally supportive interface between business ethics and social responsibility, as well as about their mutual exclusivity. It isolates several specific ethical and social responsibility topics for further exploration. Finally, this paper considers some of the implications of this debate for supply management professionals.