ENTREPRENEURSHIP

Detailed explanation-1: -Proper business behavior beyond complying with legal requirements. A simple rule guides business ethics, the same basic rule that should guide all human behavior: act towards your stakeholders as you would hope they would act towards you.

Detailed explanation-2: -As explained by Paine (1994), compliance-based ethics programs focus on educating employees on complying with existing laws and regulations, and the use of appropriate procedures to disclose violations of federal laws.

Detailed explanation-3: -An elevator speech is a clear, brief message or “commercial” about you. It communicates who you are, what you’re looking for and how you can benefit a company or organization. It’s typically about 30 seconds, the time it takes people to ride from the top to the bottom of a building in an elevator.

Detailed explanation-4: -Ethical Responsibility Being ethically responsible means ensuring a business engages in fair business practices across the board-including treating all employees, stakeholders, and customers ethically and with respect. This type of CSR can also take a lot of different forms.

Detailed explanation-5: -Corporate social responsibility is the concern businesses have for society.