General
Description
Although not new in the developed
part of the world, the concepts of Corporate Social Responsibility (CSR) and
ethical leadership are making first steps in gaining popularity in developing
countries, with Armenia being not an exception. Nowadays many Armenians can
hardly explain what constitutes to be a good corporate citizen, which is quite
often confused with engaging in charitable activities. It is obvious that any
for-profit entity is mainly concerned with earning and accumulating wealth, but
the current worldwide trend is that this is not the only determinant of their
existence and long-term success. More and more businesses realize that they do
not operate in a vacuum; continuous interaction with different stakeholders is
critical, with serious considerations for the environment, economically
vulnerable populations, and the society as a whole.
In light of the above, it
is therefore paramount to raise ethical competence and integrity standards of
local managers for them to succeed in today's competitive and highly demanding
world. With this in mind, the given training is aimed at familiarizing the
audience with the theoretical framework for corporate social responsibility and
business ethics, addressing the issues of its practical application, and
exploring its contributions and limitations to the society.
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