Introduction

The corporate responsibility is the expression of the values within the business strategies and the set of commitments and their obligations that are made by the stakeholders. The company is responsible to the operations that are taking place in the company and these operations are assisted by the ethical values and by the policies and programmes that make the values operational.  Thus the organization’s ethical values and standards should support the operations that are done by the company and the operations of the employees in their activities. The social responsibility is the approaches that are taken by the company that is the social and there environmental impacts that show how the company operates and the contribution it makes to ensure the well being of the global and the local communities where it operates. The corporate social responsibility can also refer to the concept that a company considers the interests of the society as the company take the responsibility of the activities of the customers, the employees, share holders, communities and the environment in its operations. (Mark, 2001, pp35)

A business ethics is the application of the ethical values to business behavior, which includes the aspects of the business conduct and also the treatment that is given by the company to the employees and the suppliers to the sales techniques and the accounting practices. The business ethics goes beyond the legal requirements of the company and thus the company has got to know the values that have to be taken so that they can improve in the performance. A company has to address the ethics because of the internal and the external factors that exert pressure on the company and affect its operation.  The nature of the benefits of the corporate social responsibility for the company depends on the nature of that company.  The responsibility is based on the human resources, the business development departments that are in that particular company.

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