Ethics and Social Responsibility

Owning a company is a big thing you need to follow rules and guidelines. Some companies develop a code of ethics which is to help managers and employees make better decisions. Avon realizes that the economy is not good so they lowered their prices even more and have more deals then they have ever had before. Avon every year what they to is for breast cancer awareness moth which is in October they have a walk and they sell products. The proceeds they get during that month go towards a breast cancer foundation. Growth of social responsibility include four things philanthropic responsibilities, ethical responsibilities,legal responsibilities and economic responsibilities. Philanthropic responsibilities are contribute resources to the community and improve the quality of life. Ethical responsibilities include do what is right,just and fair. Legal responsibilities include obey the law and play by the rules. Economic responsibilities include be profitable meaning that profit is the foundation on which all other responsibilities lay on.